- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
New York Sportsbooks Set Betting Handle Record in January
One year after the launch of the mobile betting market in New York, the betting handle set a new all-time-high record, judging by details released by the gambling regulator

The New York State Gambling Commission, the regulator in charge of sports betting in the state, has announced the results outlining the performance of mobile sportsbooks for January. In total, the mobile betting handle in the state hit $1.79 billion, representing a new all-time-high record.
It was back in early January last year when New York launched mobile sports betting. Back then, the state set its initial record for betting handle after it hit $1.67 billion. Overall, the betting handle since the launch of mobile betting has always surpassed the billion-dollar mark with the exception of July and August when it dropped to around $800 million.
Besides a record betting handle, in January, mobile betting hit the highest GGR since the launch of the activity. In Total, mobile betting GGR last month hit $149.4 million, again setting a new record. The GGR that previously came close to this result was back in November 2022 when it hit $148.2 million.
The gambling regulator released a further breakdown of the latest figures, revealing the share of the revenue for the platform providers and the state. The $148.2 million in GGR breaks down to $73.2 million in net revenue for mobile sportsbooks, as well as $76.2 million for the state. Not unexpectedly, the two numbers represent the best results for the state and the platform providers.
Caesars, DraftKings and FanDuel Report Highest GGR, Betting Handle
A further breakdown released by the regulator reveals that FanDuel, DraftKings, and Caesars Sportsbook were the top three mobile betting providers with the highest betting handle in January. During the first month of mobile sports betting operations in New York, last year in January, Caesars was the unquestionable leader after reporting $627.4 million in betting handle.
However, in January this year, Caesars reported the third-highest betting handle, which is still an outstanding result. The sportsbook reported $223.7 million in betting handle last month, delivering $15 million in mobile sports betting GGR. This translated to $7.6 million in proceeds for the state and $7.3 in net revenue for Caesars.
The second-highest wagering handle last month was reported by DraftKings. The sportsbook’s handle last month was $593.4 million, which delivered $39.8 million in mobile sports betting GGR. Considering the 51% tax on sports betting, the state collected $20.3 million, while DraftKings’ share last month was $19.5 million.
But last month, the unquestionable leader with the highest betting handle in New York was FanDuel. The company reported $726.7 million in betting handle representing $81.9 million in GGR, two figures marking the best results for the operator since its launch in this particular market. The total GGR translates to $41.8 million in proceeds for the state and $40.1 million in net revenue for FanDuel for January.
Related Topics:
William Velichkov is a research-driven writer. His strengths lie in ensuring factual accuracy, vetting government documentation and reaching out to regulators and other officials. He is particularly fond of financial reporting, the sports betting industry, B2B partnerships and esports betting developments. William is a strong asset to the Gambling News team as he adds a bedrock to our reporting.
Previous Article
Business
February 10, 2023
MGCB Green-Lights 888 to Become Hannahville's New Platform Provider
Next Article
Business
February 10, 2023
ESIC Signed Anti-Corruption Education Partnership with GG.BET
Must Read
Business
February 4, 2025
US Tariffs on Canada May Harm Tourism, Lead To Job Losses
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Business
February 5, 2025
Blackstone Could Wait for Star to Be Placed Under Administration
More Articles
Casino
February 7, 2025
Cedar Rapids Secures Long-Awaited Iowa Casino License
Business
February 7, 2025
How Brazil’s First Month of Regulated Betting Looked Like
Industry
February 7, 2025
Fight Against Illegal Skill Machines in Michigan Intensifies
Industry
February 7, 2025
UK: Conman Turned Tipster Argues with Bookmakers over Ban
Sports
February 7, 2025
Donald Trump Could Be Professional Golf’s New Messiah
Sports
February 7, 2025
CFTC Hints at Potential Change in Prediction Market Rules
Industry
February 6, 2025
Leaders Discuss the Future of Tribal Gaming under Trump
Sports
February 6, 2025
Super Bowl Betting Trends Emerge with Big Wagers Going Down