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New York’s Sports Handle for 7 Days Surges to $526 Million with NFL

New York’s Sports Handle for 7 Days Surges to $526 Million with NFL

15/01/2025
New York witnessed a sharp rise in a weekly handle, hitting $526.4 million for the period from 16 to 22 December. The surge was fueled by excitement around the NFL playoff race and college football.

New York football betting weekly revenue

Key Numbers from the Report

According to the New York Gaming Commission, the achieved income marked a 17.6% rise from the prior week and the second-highest figure for December. Compared to the same period last year, activity was up 26.5%.

However, profits dropped by 20%, highlighting the challenges of balancing high activity with lower earnings margins. 9 mobile sportsbooks brought a total income of $34 million, marking 9 consecutive weeks of exceeding $30 million. However, this amount is a 7.6% decrease from the previous 7 days' results. The hold percentage fell to 6.5% from 8.2%, the lowest since October.

Leading Operators in the State

New York’s top betting brands had the following handle, GGR and hold results:

  • FanDuel. Led with $205.5 million in activity, recovering from the prior week’s dip. Revenue reached $15.7 million with a 7.6% hold.
  • DraftKings. Posted $167.5 million, an 18% increase from the previous week. The company’s gain amounted to $ 10.3 million, with a 6.1% winning rate.
  • BetMGM. Totalled $40.9 million, its second-best showing of the football season. The brand’s revenue marked $4.4 million.
  • Fanatics Sportsbook. Recorded $40.8 million in total activity but reported profits of just $574,203.
  • Caesars. Posted $35.9 million, generating $2 million of income.

Smaller companies also demonstrated good performance. For example, ESPN BET reached its best total since launching in September with $20.9 million, a 203% rise. Its profits were $146,756 due to a hold below 1%. BetRivers recorded $10.9 million, falling behind ESPN BET for the second time.

Football remains a key driver of engagement, with New York’s platforms benefiting from the seasonal spike in interest. However, balancing strong participation with consistent profits continues to be a challenge as hold percentages fluctuate.

Gaminator’s experts keep an eye on the recent industry news. You can also contact our customer support to order the freshest software for your platform.

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Artur Zimnij
Author
Artur Zimnij
Gambling business specialist
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