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NY mobile sports betting revenue and handle up in April


Mobile sports wagering revenue and handle in New York both increased year-on-year during April, though the state experienced month-on-month declines.

Player spending in the month amounted to $1.54bn, which was 10.8% higher than $1.39bn in April 2022 but 14.0% behind the $1.79bn wagered in March of this year.

Gross gaming revenue followed a similar pattern, with the $138.8m generated in April being 33.3% up from $104.1m in the same month last year, but 14.7% lower than $162.8m in March.

Flutter Entertainment-owned FanDuel Group remained the frontrunner in New York with a $626.3m handle and revenue of $71.0m, ahead of DraftKings on $516.5m and $44.9m in revenue.

Caesars Entertainment was next with a $185.3m handle and $1.8m in total revenue, then BetMGM with $126.7m and revenue of $7.1m, and Rush Street interactive with $49.1m and $803,291 in revenue.

PointsBet took some $20.7m in bets and posted $1.7m in revenue, while Wynn Interactive processed $9.8m in bets and generated $465,081 in revenue.

Resorts World had a handle of $7.9m in bets and took $71,358 in revenue, while BallyBet rounded off the market by taking $2.3m in wagers and posted revenue of $28,731.