Record-Breaking December Closes Out Historic 2023 For NY Sports Betting

Written By David Danzis on January 5, 2024
new york islanders players celebrate a goal for a story on december 2023 new york sports betting revenue

New York online sportsbooks closed out 2023 with a bang, setting a new monthly revenue record in December and taking in more than $2 billion in legal bets for the third straight month.

All told, NY sportsbooks reported over $188.3 million in gross gaming revenue last month, according to data from the New York State Gaming Commission. December’s NY sports betting total bested the previous monthly high of $166.3 million set in October 2023.

NY sports betting wraps up huge 2023

Online sportsbook operators in the Empire State reported nearly $1.7 billion in NY sports betting revenue in 2023.

Sports gamblers in New York wagered over $2.04 billion in December, just missing the all-time monthly high of $2.1 billion set the previous month. According to NYSGC data, online sportsbooks accepted over $19.1 billion in legal bets in 2023.

Online sports betting in NY generated more than $96 million in taxes in December and over $861.8 million for the year.

New York sports betting breakdown

The two largest US online sports betting operators also dominate the New York market.

FanDuel Sportsbook NY reported revenue of $93.6 million from almost $834.6 million in bets last month. DraftKings Sportsbook NY generated $65.2 million and a monthly handle of $773.4 million.

Caesars Sportsbook NY leapfrogged its main competitor, BetMGM, in both revenue and handle in December. Caesars took just under $202 million in legal wagers last month, netting $15.9 million in NY sports betting revenue. Meanwhile, BetMGM Sportsbook NY posted a handle of $126.5 million with monthly revenue of $8.1 million.

Rush Street Interactive’s BetRivers Sportsbook NY reported a handle of $50.7 million and monthly revenue of $3 million.

Fanatics Sportsbook NY generated $2.6 million in revenue from $28.6 million in wagers, according to state data.

Online SportsbookHandleGross Gaming RevenueTax
Resorts WorldBet$10,429,241$401,566$204,798
Bally Bet$6,567,930($252,433)($128,741)
Photo by Frank Franklin II / AP Photo
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David Danzis

David Danzis is a writer for PlayNY. A New Jersey native and honors graduate of Rutgers University, he served as a newspaper reporter for the New Jersey Herald and Press of Atlantic City, earning statewide awards for his coverage of politics, government, education, sports and business. Today, he contributes to New York's growing legal gambling landscape, including online sports betting and potential legalization of NY online casinos. David lives in Mays Landing with his wife and two children. When not on the beach, a golf course, or snowboarding, David enjoys watching his beloved New York sports teams — Yankees, Jets, Rangers and Knicks.

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