Sports Betting Operators in New York See Weekly Handle, Revenue Increase

The New York Gaming Commission reported a weekly handle of $428.3 million for the week ending Sept. 24. That’s up 7% from the previous week and 42% from the same week in 2022.

For the second week in a row, DraftKings continued to dominate the online market, boasting a $176 million handle.The Empire State’s eight onlinea weekly handle of $428.3 million for the week ending September 24. That’s up 7% from the previous week and 42% from the same week in 2022. also jumped 26.9% week-over-week to $35.9 million, marking a 100% spike year-over-year.

A hold of 8.4% marks the second consecutive week under double digits, but it’s up from the 7.1% of the previous week and is still turning serious profits. The handle has surpassed $400 million for three consecutive weeks and revenue has stayed above $28 million during that period as well. That meanssaw the public hold their own, despite the Jets and Giants failing to cover the spread for the second consecutive week.DraftKings leads Empire State in handlepaced the online field for the second consecutive week with a handle of $176 million.

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