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 Sportsbook | Handle | Gross Gaming Revenue | Tax |
|---|---|---|---|
| FanDuel | $834,547,756 | $93,566,093 | $47,718,707 |
| DraftKings | $773,359,363 | $65,168,050 | $33,235,706 |
| Caesars | $201,981,431 | $15,881,629 | $8,099,631 |
| BetMGM | $126,526,728 | $8,138,777 | $4,150,776 |
| BetRivers | $50,717,962 | $3,090,720 | $1,576,267 |
| PointsBet | $28,614,133 | $2,629,182 | $1,340,883 |
| Resorts WorldBet | $10,429,241 | $401,566 | $204,798 |
| WynnBet | $9,187,350 | ($323,464) | ($164,967) |
| Bally Bet | $6,567,930 | ($252,433) | ($128,741) |
| Total | $2,041,931,893 | $188,300,120 | $96,033,061 |
