FanDuel NY Establishes New Weekly Highs In Market, Revenue Share

Written By Mike Mazzeo on June 24, 2022
new york sports betting totals week june 13 2022

FanDuel continues to run laps around its competition in New York. 

The NY online sports betting operator established new personal NY highs in both market share (47%) and revenue share (89.1%) during the week of June 13-19. 

FanDuel Sportsbook contributed $124.9 million of the $265.6 million in combined online sports betting handle from June 13-19. According to the NYS Gaming Commission, the sports betting app also contributed $12.4 million of the Empire State’s $13.9 million in total gross gaming revenue (GGR). 

Handle was up 7% from the previous week when operators posted a NY-low of $248.2 million (though they also generated $21.7 million in total GGR). 

Since its Jan. 8 launch, FanDuel NY has generated $3.2 billion in handle (39.4%) and $262.2 million in revenue (45.5%). 

DraftKings was second in revenue share from June 13-19 at 7.8% ($1.1 million). Meanwhile, Caesars had its first losing week on the revenue side (negative-$962k). Overall, DraftKings has a 24.5% handle share and a 23% revenue share from Jan. 8-June 19.  

Meanwhile, NY online sports betting operators have combined for $8.2 billion in handle, $576.8 million in total GGR and $294.2 million in tax revenue for the state (51% rate) since Jan. 8 launch.

NY is about $280.9 million in handle away from its sixth straight month, eclipsing the $1 billion mark. 

Photo by Julio Cortez / AP
Mike Mazzeo Avatar
Written by
Mike Mazzeo

Mike Mazzeo is a contributing writer for PlayNY, reporting on legal sports betting in New York while covering the potential legalization of NY online casinos and poker. He previously wrote for ESPN, the New York Daily News and The Ringer, among others.

View all posts by Mike Mazzeo
Privacy Policy