April betting numbers are out for New York and the state is reporting $1.55 billion in handle - the 6th time in the last 7th months it has eclipsed the $1.5 billion mark - and a 10.8% increase YoY from April of 20222.
Revenue came in at just under $139.9 million thanks to a 9% hold. This number is up 33.3% from April of 2022.
Breakdown by operator:
FanDuel: $623.3 million in handle (40.55% market share) / $71 million gross gaming revenue (51.13% of GGR)
DraftKings: $516.4 million in handle (33.44%) / $44.9 million GGR (32.36%)
Caesars: $185.3 million in handle (11.95%) / $12.8 million GGR (9.15%)
BetMGM: $126.7 million in handle (8.17%) / $7.1 million GGR (5.07%)
BetRivers: 49.1 million in handle (3.17%) / $800,000 GGR (0.57%)
Read the full story here: https://www.sportsbookreview.com/new...k-may-10-2023/
Revenue came in at just under $139.9 million thanks to a 9% hold. This number is up 33.3% from April of 2022.
Breakdown by operator:
FanDuel: $623.3 million in handle (40.55% market share) / $71 million gross gaming revenue (51.13% of GGR)
DraftKings: $516.4 million in handle (33.44%) / $44.9 million GGR (32.36%)
Caesars: $185.3 million in handle (11.95%) / $12.8 million GGR (9.15%)
BetMGM: $126.7 million in handle (8.17%) / $7.1 million GGR (5.07%)
BetRivers: 49.1 million in handle (3.17%) / $800,000 GGR (0.57%)
Read the full story here: https://www.sportsbookreview.com/new...k-may-10-2023/