During Week 2 of the 2024 NFL season, there were several big-time upsets. In New York, their eight online operators almost set a weekly record for revenue. For the week ending on September 15, NY sportsbooks collected $69.2 million in revenue. Those figures were reported by the New York Gaming Commission. It was their second-highest weekly revenue haul in the Empire State\u2019s betting history. <\/p>\n\n\n\n
New York\u2019s largest weekly revenue came from the week ending on May 12 with $70.9 million. At the time, the New York Knicks were in the middle of the NBA playoffs. A lucrative time for the eight online operators across the state. Compared to their figures from the same week in 2023, New York\u2019s revenue was up a whopping 143.7%. With the state\u2019s 51% tax rate, New York generated $35.3 million in revenue.<\/p>\n\n\n\n
New York\u2019s handle continues to grow<\/strong><\/p>\n\n\n\n New York\u2019s Gaming Commission reported the state had a $478.2 million betting handle for the week ending on September 15. The state\u2019s all-time wagering mark is now above $50 billion. While New York\u2019s handle only grew 2% week-over-week, it was up 20% year-over-year. For the third consecutive week, New York sportsbooks generated a $400 million handle. Their 14.4% hold was higher than the 13.3% hold during the same week in 2023.<\/p>\n\n\n\n What New York sportsbooks saw the most profit for the week ending on September 15?<\/strong><\/p>\n\n\n\n For the week ending on September 15, FanDuel nearly set a New York weekly record. Their $35.1 million in revenue was just shy of the $36.5 million all-time weekly high for NY operators. That record stands with DraftKings who broke the record during the week ending on May 12. While FanDuel did not set a NY weekly record for all sportsbooks, the $35.1 million in revenue was still their new best. FanDuel had an outstanding 19.1% hold from the $183.4 million handle. <\/p>\n\n\n\n DraftKings had a 12.8% hold from the $184.3 million handle to collect $23.6 million in revenue. It was the first time since late May that DraftKings had $20 million in weekly profits. Additionally, it was their second straight week with at least $180 million in wagers. <\/p>\n\n\n\n Caesars Sportsbook\u2019s $33.4 million in revenue was the third highest of any NY operator for the week ending on September 15. They had an 11.4% hold to collect $3.8 million in revenue. Their highest total since January. BetMGM had $31.27 million in revenue was edged out by Fanatics\u2019 $31.29 million in revenue. Fanatics made $2.9 million in revenue in the week ending on September 15.<\/p>\n","protected":false},"excerpt":{"rendered":" During Week 2 of the 2024 NFL season, there were several big-time upsets. In New York, their eight online operators almost set a weekly record for revenue. For the week ending on September 15, NY sportsbooks collected $69.2 million in revenue. Those figures were reported by the New York Gaming Commission. It was their second-highest […]<\/p>\n","protected":false},"author":1,"featured_media":9234,"menu_order":192,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[],"class_list":{"0":"post-9233","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"entry"},"yoast_head":"\n