New York Sports Betting Revenue

Written by
fact-check-icon Fact checked by
Grant Lucas
Photo of Grant Lucas
Fact checked by Grant Lucas

At long last, New York has legal online sports betting.

The Empire State has featured regulated wagering since 2019 — but limited to only physical sportsbooks at casinos.

While that is better than nothing, the state has been missing out on a huge amount of revenue by failing to legalize online betting like its neighbors New Jersey and Pennsylvania.

Fortunately, in November 2021, the New York State Gaming Commission selected nine operators to launch NY online sportsbooks. The first betting apps went live Jan. 8, 2022, in time to capitalize on the NFL playoffs and the Super Bowl. In the first month of online betting in New York, sportsbooks generated nearly $1.7 billion in wagers placed. Since that time, bettors have combined for over $51 billion in bets.

Before diving in, it’s important to grasp the terminology within the sports betting world:

  • Handle: Amount of money wagered by bettors
  • Gross gaming revenue: Total handle minus winnings paid out
  • Hold: Percentage of the handle that was won by a sportsbook, calculated by dividing gross gaming revenue by handle
  • Tax revenue: Amount of money regulators collect from sportsbook operators

September 2024 NY sports betting revenue highlights

Online sports betting in New York generated $2.07 billion in handle. It marks the second-highest monthly total to date and the fourth time NY sportsbooks topped $2 billion. It also extended the industry’s streak of billion-dollar months to 14 for the longest such stretch in its history.

  • Sportsbooks totaled nearly $205 million in gross gaming revenue, the second-highest monthly total ever. It reflects a massive 44% increase month to month and a nearly 18% year-over-year spike.
  • DraftKings Sportsbook NY led the market with $788.3 million in handle, followed by FanDuel Sportsbook NY at $784.2 million. Together, they combined to represent nearly 76% of overall bets placed online.
  • FanDuel reported the highest gross gaming revenue at $97.9 million, the 31st straight month that FanDuel topped GGR market share.
  • Some noteworthy growth came from Fanatics Sportsbook NY, which had its best month ever with $143.2 million in handle. Similarly, Bally Bet Sportsbook NY reported its single-month high of $10.7 million. Bally’s also enjoyed its best revenue month of just under $1.1 million, while BetMGM Sportsbook NY totaled its highest monthly revenue at $10.3 revenue.

Lifetime New York Sports Betting Revenue Totals

51053760473
Dollars of sports wagers online

Lifetime NY sports betting handle

4536028944
Dollars of online and retail sports betting revenue

Lifetime NY sports betting revenue

2311609367
Dollars of online sports betting tax

Lifetime NY online sports betting tax

Last updated: Oct. 16, 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$102,097,457$6,057,352$3,089,250
BetMGM$3,664,914,342$241,705,914$123,270,016
BetRivers$1,491,487,077$88,350,132$45,058,982
Caesars$6,300,418,811$457,053,298$232,022,440
DraftKings$17,062,014,829$1,448,811,789$738,894,245
ESPN Bet1$4,016,258$103,273$52,669
FanDuel$20,562,013,262$2,167,313,654$1,105,330,597
PointsBet/Fanatics2$1,435,581,026$100,942,759$51,480,807
Resorts WorldBet$197,158,419$12,957,956$6,608,557
WynnBet3$234,058,992$11,376,541$5,802,036
Total$51,053,760,473$4,534,672,667$2,311,609,367

1ESPN Bet launched in September 2024
2Fanatics took over in March 2024
3WynnBet shut down in July 2024

Retail

CasinoHandle*Gross Gaming Revenue
Del Lago$104,405,090$19,285,492
Resorts World$65,206,013$30,050,878
Rivers$184,741,837$28,030,241
Tioga Downs$29,319,863$5,025,917
Total$383,672,800$60,712,206

*Since NYSGC began reporting handle in April 2021

Monthly New York Sports Betting Revenue Reports

Here is a look at how each month of New York sports betting has gone, starting with the most recent report release (of note, casinos were closed April-August 2020 due to the coronavirus pandemic):

September

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$10,701,561$1,065,148$543,225
BetMGM$143,893,873$10,271,213$5,238,319
BetRivers$43,365,858$3,535,474$1,803,092
Caesars$147,202,505$13,043,864$6,652,371
DraftKings$788,314,334$69,705,224$35,549,664
ESPN Bet$4,016,258$103,273$52,669
FanDuel$784,185,463$97,959,724$49,959,459
Fanatics$143,196,432$8,420,579$4,294,495
Resorts WorldBet$6,638,825$606,436$309,282
Total$2,071,515,109$204,710,935$104,402,576

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,277,618$260,638
Resorts World$793,057$162,298
Rivers$5,693,383$765,035
Tioga Downs$589,906$168,305
Total$8,353,965$1,356,277

August 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$7,638,017$406,241$207,183
BetMGM$127,934,339$7,032,890$3,586,774
BetRivers$40,704,547$3,183,320$1,623,908
Caesars$119,943,452$9,435,039$4,811,870
DraftKings$526,657,397$43,304,282$22,085,184
FanDuel$511,621,543$52,606,267$26,829,196
Fanatics$93,079,205$8,482,866$4,326,262
Resorts WorldBet$8,563,824$548,870$279,924
Total$1,436,142,323$124,999,775$63,750,301

Retail

CasinoHandleGross Gaming Revenue
Del Lago$905,159$218,399
Resorts World$546,329$75,518
Rivers$2,692,390$563,493
Tioga Downs$291,742$104,539
Total$4,435,619$961,949

July 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$6,376,658$493,828$251,852
BetMGM$89,171,523$8,829,316$4,502,951
BetRivers$35,403,060$3,478,748$1,774,161
Caesars$108,559,528$10,837,755$5,527,255
DraftKings$456,788,925$47,963,691$24,461,482
FanDuel$482,500,620$59,281,047$30,233,622
Fanatics$76,139,735$8,934,181$4,556,432
Resorts WorldBet$6,090,705$459,138$234,160
WynnBet$936,926$51,222$26,123
Total$1,261,967,679$140,328,926$71,568,040

Retail

CasinoHandleGross Gaming Revenue
Del Lago$803,244$87,302
Resorts World$459,515$33,464
Rivers$2,355,903$329,697
Tioga Downs$347,744$77,152
Total$3,966,406$527,614

June 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$6,891,883$658,294$335,730
BetMGM$100,619,508$6,844,451$3,490,670
BetRivers$68,792,088$2,521,270$1,285,848
Caesars$127,748,121$8,588,453$4,380,111
DraftKings$521,592,095$40,903,346$20,860,706
FanDuel$571,253,449$67,087,563$34,214,657
Fanatics$67,260,913$6,688,146$3,410,955
Resorts WorldBet$7,395,508$572,891$321,968
WynnBet$1,517,916$66,665$33,999
Total$1,473,071,481$133,931,080$68,304,851

Retail

CasinoHandleGross Gaming Revenue
Del Lago$803,244$87,302
Resorts World$459,515$33,464
Rivers$2,355,903$329,697
Tioga Downs$347,744$77,152
Total$3,966,406$527,614

May 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$8,074,184$536,780$273,758
BetMGM$117,321,640$8,158,205$4,160,684
BetRivers$45,467,207$3,611,601$1,841,917
Caesars$160,076,719$11,111,417$5,666,823
DraftKings$812,320,717$84,190,457$42,937,133
FanDuel$747,547,095$88,013,044$44,886,653
Fanatics$71,723,762$7,020,777$3,580,596
Resorts WorldBet$8,491,307$631,310$321,968
WynnBet$1,924,147$73,928$37,703
Total$1,972,946,780$203,347,519$103,707,235

Retail

CasinoHandleGross Gaming Revenue
Del Lago$931,609$120,878
Resorts World$686,052$51,142
Rivers$3,376,972$190,512
Tioga Downs$375,621$50,292
Total$5,370,254$412,824

April 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$7,726,634$580,801$296,209
BetMGM$130,198,552$9,104,837$4,643,467
BetRivers$67,133,666$3,268,466$1,666,918
Caesars$158,849,058$10,350,485$5,278,747
DraftKings$736,982,033$63,195,837$32,229,877
FanDuel$780,513,925$91,022,576$46,421,514
Fanatics$74,132,081$5,566,913$2,839,126
Resorts WorldBet$6,635,575$616,681$314,507
WynnBet$1,887,407$85,070$43,386
Total$1,964,058,932$183,791,666$93,733,750

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,348,032$77,299
Resorts World$661,064$66,821
Rivers$3,136,556($31,513)
Tioga Downs$741,172$128,075
Total$5,886,823$240,681

March 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$8,327,312$267,132$136,237
BetMGM$125,874,118$7,794,836$3,975,367
BetRivers$66,174,917$3,349,824$1,708,410
Caesars$189,446,866$13,640,168$5,881,744
DraftKings$612,217,901$48,775,272$24,875,389
FanDuel$781,218,732$73,064,141$37,262,712
Fanatics$53,182,289$3,787,714$1,931,734
Resorts WorldBet$8,410,115$714,649$364,471
WynnBet$4,228,026$285,923$145,821
Total$1,849,080,276$151,679,658$76,281,884

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,487,881$183,231
Resorts World$735,038$94,798
Rivers$2,777,698$370,717
Tioga Downs$593,172$225,533
Total$5,593,789$874,279

February 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$9,724,365$724,041$369,261
BetMGM$129,700,094$580,224$295,914
BetRivers$46,863,302$2,974,186$1,516,835
Caesars$160,728,621$6,706,490$3,420,310
DraftKings$607,929,680$53,378,913$27,223,246
FanDuel$720,102,195$63,435,644$32,352,179
PointsBet$82,854,594$2,920,735$1,489,575
Resorts WorldBet$8,274,761$544,361$277,624
WynnBet$7,125,419$162,800$83,028
Total$1,773,303,032$131,427,395$67,027,972

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,390,534$60,216
Resorts World$1,091,674($101,442)
Rivers$2,880,041($7,844)
Tioga Downs$406,912($62,705)
Total$5,769,160($111,774)

January 2024

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$9,390,870$425,689$217,101
BetMGM$118,847,480$10,012,451$5,106,350
BetRivers$50,131,180$3,535,080$1,802,891
Caesars$197,998,552$13,646,162$6,959,543
DraftKings$664,793,870$70,966,969$36,193,154
FanDuel$867,058,410$109,174,169$55,678,826
PointsBet/Fanatics*$31,701,219$2,633,318$1,342,992
Resorts WorldBet$6,917,227$752,478$383,764
WynnBet$8,751,556$358,497$182,833
Total$1,955,590,364$211,504,813$107,867,454

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,134,174$90,059
Resorts World$1,727,297($14,075)
Rivers$5,316,659$237,361
Tioga Downs$699,657($111,454)
Total$9,877,787$201,891

December 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$6,567,930($252,433)($128,741)
BetMGM$126,526,728$8,138,777$4,150,776
BetRivers$50,717,962$3,090,720$1,576,267
Caesars$201,981,431$15,881,629$8,099,631
DraftKings$773,359,363$65,168,050$33,235,706
FanDuel$834,547,756$93,566,093$47,718,707
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)
Total$2,041,931,893$188,300,120$96,033,061

Retail

CasinoHandleGross Gaming Revenue
Del Lago$3,960,162$248,186
Resorts World$2,318,562$97,045
Rivers$5,082,145$628,297
Tioga Downs$443,948$13,498
Total$11,804,817$987,026

November 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$4,307,119$234,163$119,423
BetMGM$120,600,834$7,928,714$4,043,644
BetRivers$76,561,182$4,971,559$2,535,495
Caesars$204,968,285$11,639,020$5,935,900
DraftKings$732,112,292$54,288,132$27,686,947
FanDuel$925,377,502$69,243,849$35,314,363
PointsBet$27,246,643$2,426,839$1,237,688
Resorts WorldBet$6,822,586$483,433$246,551
WynnBet$11,297,957($312,427)($159,338)
Total$2,109,294,400$150,903,281$76,960,673

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,963,812$82,784
Resorts World$3,453,422($44,116)
Rivers$5,955,507$194,635
Tioga Downs$664,572$154,760
Total$13,037,313$388,063

October 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$0$0$0
BetMGM$107,550,276$7,198,813$3,671,394
BetRivers$114,158,031$3,316,040$1,691,180
Caesars$193,238,342$10,891,473$5,554,651
DraftKings$652,324,695$59,282,586$30,234,119
FanDuel$891,919,134$83,138,403$42,400,585
PointsBet$27,640,035$1,293,514$659,692
Resorts WorldBet$7,674,225$894,039$455,960
WynnBet$12,318,670$313,362$159,815
Total$2,006,823,408$166,328,230$84,827,396

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,355,682$347,094
Resorts World$1,562,371$113,280
Rivers$4,480,865$340,973
Tioga Downs$761,953$145,545
Total$9,160,871$946,892

September 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$0$0$0
BetMGM$100,720,429$8,188,249$4,176,007
BetRivers$50,053,026$4,210,651$2,147,432
Caesars$173,994,829$12,594,040$6,422,960
DraftKings$710,455,907$61,440,814$31,334,815
FanDuel$682,522,472$76,895,656$39,216,785
PointsBet$23,810,141$1,619,466$825,928
Resorts WorldBet$6,775,945$246,386$125,657
WynnBet$10,904,077$366,842$187,090
Total$1,759,236,826$165,562,104$84,436,673

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,873,173$317,547
Resorts World$2,388,675$267,735
Rivers$3,653,223$541,294
Tioga Downs$761,953$145,545
Total$8,677,024$1,272,121

August 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$0$0$0
BetMGM$70,514,612$6,540,914$3,335,866
BetRivers$36,312,267$2,993,156$1,526,509
Caesars$120,094,926$9,558,652$4,874,913
DraftKings$446,947,980$35,456,061$18,082,591
FanDuel$409,107,323$41,965,934$21,402,626
PointsBet$17,066,764$914,020$466,150
Resorts WorldBet$4,228,636$322,945$164,702
WynnBet$8,495,713$752,704$383,879
Total$1,112,768,221$98,504,385$50,237,236

Retail

CasinoHandleGross Gaming Revenue
Del Lago$871,284$208,387
Resorts World$1,076,077$186,544
Rivers$2,891,311$221,149
Tioga Downs$557,066$121,328
Total$5,395,738$737,408

July 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$0$0$0
BetMGM$65,090,440$6,755,480$3,445,295
BetRivers$35,708,959$3,218,763$1,641,569
Caesars$111,094,537$10,613,250$5,412,758
DraftKings$340,355,173$41,086,402$20,954,065
FanDuel$384,588,616$41,095,057$20,958,479
PointsBet$14,399,021$1,348,701$687,837
Resorts WorldBet$4,176,379$496,793$253,364
WynnBet$6,712,970$517,872$264,115
Total$962,126,094$105,132,318$53,617,482

Retail

CasinoHandleGross Gaming Revenue
Del Lago$704,081$136,635
Resorts World$750,784$17,630
Rivers$2,528,532$338,053
Tioga Downs$445,724($113,752)
Total$4,429,121$378,566

June 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$898,761$68,438$34,904
BetMGM$75,355,170$7,049,029$3,595,005
BetRivers$31,953,102$2,132,623$1,087,637
Caesars$124,804,829$8,573,196$4,372,330
DraftKings$488,531,767$37,127,376$18,934,962
FanDuel$418,171,757$47,226,524$24,085,527
PointsBet$15,673,186$986,717$503,226
Resorts WorldBet$4,031,462$187,279$95,512
WynnBet$6,970,827$476,602$243,067
Total$1,166,390,859$103,827,784$52,952,170

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,132,090$160,999
Resorts World$759,281($113,427)
Rivers$2,305,222$75,342
Tioga Downs$402,224$5,943
Total$4,598,817$128,857

May 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$2,221,206$173,560$88,516
BetMGM$93,777,072$8,852,178$4,514,611
BetRivers$35,926,807$3,222,369$1,643,408
Caesars$162,890,276$13,911,177$7,094,700
DraftKings$471,145,522$47,720,457$24,337,433
FanDuel$561,434,021$75,997,094$38,758,864
PointsBet$19,076,065$1,213,648$618,961
Resorts WorldBet$4,260,285$416,605$212,469
WynnBet$7,852,252$461,011$235,116
Total$1,358,583,506$151,968,098$77,503,730

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,231,194$147,069
Resorts World$1,118,363$269,376
Rivers$2,391,829$244,234
Tioga Downs$469,424$14,358
Total$5,210,810$675,037

April 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$2,286,895$28,731$14,653
BetMGM$126,684,201$7,100,176$3,621,090
BetRivers$49,067,164$803,291$409,678
Caesars$185,309,434$12,752,332$6,503,689
DraftKings$516,406,585$44,918,778$22,908,577
FanDuel$626,291,453$70,975,478$36,197,494
PointsBet$20,670,168$1,705,339$869,723
Resorts WorldBet$7,909,338$71,358$36,392
WynnBet$9,840,141$465,081$237,191
Total$1,544,465,378$138,820,564$70,798,487

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,557,284$184,172
Resorts World$1,302,007$67,039
Rivers$2,310,036$201,244
Tioga Downs$380,209($7,973)
Total$5,549,536$444,482

March 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$3,002,231$207,727$105,941
BetMGM$121,231,984$9,596,989$4,894,464
BetRivers$49,878,528$3,580,406$1,826,007
Caesars$237,481,595$15,190,414$7,747,111
DraftKings$589,797,681$52,017,767$26,529,061
FanDuel$740,102,727$79,633,216$40,612,940
PointsBet$28,913,201$1,620,481$826,445
Resorts WorldBet$5,141,840$340,239$173,522
WynnBet$10,403,191$640,340$326,573
Total$1,785,952,977$162,827,580$83,042,066

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,049,820$377,539
Resorts World$1,356,309$219,077
Rivers$3,021,481$309,448
Tioga Downs$504,759($151,527)
Total$6,932,369$754,537

February 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$1,206,308$18,451$9,410
BetMGM$107,686,010$7,539,737$3,845,266
BetRivers$37,575,375$2,432,925$1,240,792
Caesars$192,792,563$8,484,065$4,326,873
DraftKings$491,299,315$33,484,329$17,077,008
FanDuel$591,049,764$53,511,728$27,290,982
PointsBet$29,673,284$1,855,711$946,412
Resorts WorldBet$5,356,051$484,445$247,067
WynnBet$10,317,886$470,549$239,980
Total$1,466,956,555$108,281,940$55,223,789

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,586,104$152,068
Resorts World$1,176,756($42,619)
Rivers$3,024,197$124,588
Tioga Downs$556,320($45,142)
Total$7,343,377$188,895

January 2023

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$959,234$82,934$42,296
BetMGM$122,933,943$7,197,739$3,670,847
BetRivers$47,580,489$1,946,897$992,918
Caesars$223,705,390$14,960,470$7,629,840
DraftKings$593,356,155$39,801,860$20,298,949
FanDuel$726,650,098$81,870,475$41,753,942
PointsBet$57,959,421$3,126,652$1,594,593
Resorts WorldBet$5,389,164$202,984$103,522
WynnBet$10,457,561$237,385$121,066
Total$1,788,991,455$149,427,397$76,207,973

Retail

CasinoHandleGross Gaming Revenue
Del Lago$3,175,126($10,649)
Resorts World$1,706,697($33,598)
Rivers$4,435,505$388,419
Tioga Downs$739,583$115,180
Total$10,056,911$459,352

December 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$725,931$47,236$24,091
BetMGM$115,972,527$9,447,138$4,818,041
BetRivers$42,954,477$2,600,011$1,326,006
Caesars$214,060,690$15,610,557$7,961,384
DraftKings$523,889,572$44,730,961$22,812,790
FanDuel$663,249,741$67,945,450$34,652,180
PointsBet$48,049,386$711,904$363,071
Resorts WorldBet$5,507,348$267,110$136,226
WynnBet$9,376,831$409,419$208,804
Total$1,623,786,503$141,769,787$72,302,591

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,349,793$321,812
Resorts World$1,169,352$227,603
Rivers$4,457,010$739,713
Tioga Downs$843,520($48,120)
Total$8,819,675$1,241,008

November 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$677,545$39,718$20,256
BetMGM $111,443,206$8,026,605$4,093,569
BetRivers$38,828,938$2,258,386$1,151,777
Caesars$200,286,475$14,923,067$7,610,764
DraftKings$498,710,228$42,339,853$21,593,325
FanDuel$646,191,402$78,295,841$39,930,879
PointsBet$40,805,018$2,147,442$1,095,196
Resorts WorldBet$5,396,713$100,021$51,010
WynnBet$11,521,457$90,899$46,358
Total$1,553,860,982$148,221,832$75,593,134

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,349,793$321,812
Resorts World$1,239,133$96,208
Rivers$5,866,551$560,224
Tioga Downs$828,214$44,825
Total$10,283,691$1,023,069

October 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$1,472,829($31,467)($16,048)
BetMGM$106,211,862$8,212,148$4,188,195
BetRivers$41,761,675$1,824,771$930,633
Caesars$195,186,146$14,923,209$7,610,837
DraftKings$534,568,272$41,071,463$20,946,446
FanDuel$609,076,460$76,429,846$38,979,222
PointsBet$39,656,357$2,235,470$1,140,090
Resorts WorldBet$6,884,630$463,339$236,303
WynnBet$8,970,793$525,940$268,230
Total$1,543,789,024$145,654,719$74,283,907

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,798,665$288,460
Resorts World$1,981,058$234,431
Rivers$5,570,154$511,043
Tioga Downs$912,106$157,285
Total$11,261,983$1,191,219

September 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$1,263,605$144,756$73,826
BetMGM$95,667,759$8,587,466$4,379,608
BetRivers$34,902,862$2,670,293$1,361,849
Caesars$163,189,482$18,570,182$9,470,793
DraftKings$422,204,958$44,860,969$22,879,094
FanDuel$499,820,541$65,689,192$33,501,488
PointsBet$23,878,986$1,729,930$882,264
Resorts WorldBet$6,365,836$394,796$201,346
WynnBet$9,410,013$685,306$349,506
Total$1,256,704,042$143,332,889$73,099,773

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,525,668$381,581
Resorts World$1,160,273$276,642
Rivers$4,574,166$887,721
Tioga Downs$589,481$161,034
Total$8,849,588$1,706,978

August 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$1,015,982$97,502$49,726
BetMGM$72,962,231$8,796,604$4,486,268
BetRivers$26,504,352$2,183,158$1,113,410
Caesars$117,613,855$12,728,200$6,491,382
DraftKings$244,543,572$25,891,361$13,204,594
FanDuel$374,583,690$46,577,818$23,754,687
PointsBet$23,809,634$2,482,752$1,266,203
Resorts WorldBet$4,454,179$352,785$179,921
WynnBet$6,740,676$492,014$250,927
Total$872,228,171$99,602,193$50,797,119

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,662,153$511,619
Resorts World$687,542$62,496
Rivers$2,359,675$366,953
Tioga Downs$469,913$217,532
Total$5,179,283$1,158,600

July 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
Bally Bet$640,397$40,080$20,441
BetMGM$73,234,636$6,272,876$3,199,167
BetRivers$20,277,402$1,166,472$594,901
Caesars$118,202,244$8,650,975$4,411,997
DraftKings$213,486,612$15,783,928$8,050,036
FanDuel$347,707,360$38,992,903$19,886,381
PointsBet$16,452,890$1,719,696$877,045
Resorts WorldBet$4,703,834$262,309$133,778
WynnBet$6,047,638$431,990$220,315
Total$800,753,012$73,321,229$37,393,827

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,160,524$182,721
Resorts World$544,238$20,350
Rivers$2,273,477$320,538
Tioga Downs$235,130$35,578
Total$4,213,369$559,187

June 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
BetMGM$92,430,085$6,319,679$3,223,036
BetRivers$25,303,431$1,799,321$917,654
Caesars$156,370,937$6,288,819$3,207,297
DraftKings$270,201,264$16,432,377$8,380,512
FanDuel$472,876,256$39,553,706$20,172,390
PointsBet$20,779,145$1,701,743$867,889
Resorts WorldBet$6,802,356$32,669$16,661
WynnBet$6,861,246$292,551$149,201
Total$1,051,624,720$72,420,864$36,934,641

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,507,472($181,829)
Resorts World$678,680$46,314
Rivers$2,550,257$135,259
Tioga Downs$332,883$20,892
Total$5,069,292$20,636

May 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
BetMGM$123,049,903$7,907,542$4,032,846
BetRivers$31,288,952$1,807,855$922,006
Caesars$192,662,689$10,789,442$5,502,616
DraftKings$313,590,571$21,457,628$10,943,391
FanDuel$552,644,796$63,897,378$32,587,663
PointsBet$33,792,316$2,906,316$1,482,221
Resorts WorldBet$6,703,211$236,096$120,409
WynnBet$9,752,036$786,588$401,160
Total$1,263,484,474$109,788,845$55,992,311

Retail

CasinoHandleGross Gaming Revenue
Del Lago$2,051,628$274,438
Resorts World$964,836$81,025
Rivers$2,840,628$283,290
Tioga Downs$521,004($9,523)
Total$6,378,096$629,230

April 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
BetMGM$142,155,809$4,980,574$2,540,093
BetRivers$37,987,120$1,809,025$922,603
Caesars$215,747,442$11,803,413$6,019,741
DraftKings$327,051,970$19,637,003$10,014,872
FanDuel$599,485,964$63,588,526$32,430,148
PointsBet$53,193,312$1,468,571$748,971
Resorts WorldBet$5,781,833$335,808$171,262
WynnBet$9,374,427$518,705$264,540
Total$1,390,777,875$104,141,625$53,112,229

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,455,666$170,344
Resorts World$905,888($2,226)
Rivers$3,107,675$211,487
Tioga Downs$544,837$14,668
Total$6,014,066$394,273

March 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
BetMGM$172,650,978$5,070,284$2,585,845
BetRivers$41,572,479$1,712,976$873,618
Caesars$273,387,278$21,582,476$11,007,063
DraftKings$414,526,720$22,894,581$11,676,237
FanDuel$673,056,881$58,322,575$29,744,513
PointsBet$48,374,658$2,993,617$1,526,744
Resorts WorldBet$4,945,480$518,138$264,250
WynnBet$9,752,359$1,187,409$605,579
Total$1,638,266,833$114,282,056$58,283,849

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,759,244$194,198
Resorts World$970,943$86,758
Rivers$3,261,191$374,228
Tioga Downs$531,481$18,964
Total$6,522,859$674,148

February 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
BetMGM$154,697,988$3,521,783$1,796,109
BetRivers$37,111,558$2,068,169$1,054,766
Caesars$323,399,954$19,788,294$10,092,030
DraftKings$387,598,857$29,952,557$15,275,804
FanDuel$568,063,621$23,167,344$11,815,346
PointsBet$51,574,752$3,088,198$1,574,981
WynnBet$5,121,524$805,758$410,937
Total$1,527,568,253$82,392,104$42,019,973

Retail

CasinoHandleGross Gaming Revenue
Del Lago$1,720,218($182,653)
Resorts World$983,948$20,789
Rivers Casino$3,268,075($129,100)
Tioga Downs$538,399$48,459
Total$6,510,640($242,505)

January 2022

Online

Online SportsbookHandleGross Gaming RevenueTax
BetMGM$82,204,532$3,847,998$1,962,479
BetRivers$33,465,116$1,072,328$546,887
Caesars$627,401,761$58,985,112$30,082,407
DraftKings$377,952,846$29,582,503$15,087,076
FanDuel$517,492,498$28,089,392$14,325,590
PointsBet$31,202,281$2,561,623$1,306,428
Total$1,669,719,034$124,138,955$63,310,867

Retail

CasinoHandleGross Gaming Revenue
Del Lago$4,551,924($75,006)
Resorts World$2,984,261 ($240,340)
Rivers Casino$7,360,773$81,508
Tioga Downs$1,647,906($94,991)
Total$16,544,864($328,829)

December 2021

CasinoHandleGross Gaming Revenue
Del Lago$6,253,480$38,895
Resorts World$3,349,123$288,743
Rivers$10,001,003$277,341
Tioga Downs$1,526,375$159,635
Total$21,129,981$764,614

November 2021

CasinoHandleGross Gaming Revenue
Del Lago$6,152,252$1,300,170
Resorts World$3,785,425$496,440
Rivers$9,885,752$1,751,328
Tioga Downs$1,695,665$408,552
Total$21,519,094$9,956,490

October 2021

CasinoHandleGross Gaming Revenue
Del Lago$7,490,819$503,241
Resorts World$3,918,782$222,437
Rivers$11,914,909$949,784
Tioga Downs$2,242,786$43,152
Total$25,567,296$1,718,614

September 2021

CasinoHandleGross Gaming Revenue
Del Lago$5,431,184$1,162,877
Resorts World$2,708,185$421,525
Rivers$7,963,041$1,414,035
Tioga Downs$1,253,372$188,608
Total$17,355,782$3,187,045

August 2021

CasinoHandleGross Gaming Revenue
Del Lago$2,891,818$260,764
Resorts World$1,414,218$303,904
Rivers$4,301,095$464,164
Tioga Downs$546,471$51,739
Total$9,153,602$1,080,571

July 2021

CasinoHandleGross Gaming Revenue
Del Lago$2,638,294$312,192
Resorts World$1,633,456$300,642
Rivers$4,518,113$541,497
Tioga Downs$548,244$119,290
Total$9,338,107$1,273,621

June 2021

CasinoHandleGross Gaming Revenue
Del Lago$4,111,971$626,478
Resorts World$2,641,115$314,845
Rivers$6,376,475$770,122
Tioga Downs$1,110,257$147,197
Total$14,245,818$1,858,642

May 2021

CasinoHandleGross Gaming Revenue
Del Lago$4,534,299$555,855
Resorts World$2,418,247$307,607
Rivers$6,569,166$641,102
Tioga Downs$624,031$85,550
Total$14,145,743$1,590,114

April 2021

CasinoHandleGross Gaming Revenue
Del Lago$3,999,574$620,431
Resorts World$2,953,279($7,747)
Rivers$5,669,405$644,865
Tioga Downs$914,898$65,074
Total$13,537,156$1,322,623

March 2021

CasinoGross Gaming Revenue
Del Lago$697,149
Resorts World$204,010
Rivers$821,649
Tioga Downs$122,877
Total$1,845,685

February 2021

CasinoGross Gaming Revenue
Del Lago$376,118
Resorts World$157,098
Rivers$463,663
Tioga Downs$156,397
Total$1,153,276

January 2021

CasinoGross Gaming Revenue
Del Lago$1,270,812
Resorts World$479,557
Rivers$1,429,140
Tioga Downs$390,346
Total$3,569,855

December 2020

CasinoGross Gaming Revenue
Del Lago$922,718
Resorts World$108,948
Rivers$949,804
Tioga Downs$277,301
Total$2,258,771

November 2020

CasinoGross Gaming Revenue
Del Lago$949,710
Resorts World$274,324
Rivers$1,048,553
Tioga Downs$347,089
Total$2,619,676

October 2020

CasinoGross Gaming Revenue
Del Lago$771,299
Resorts World$470,076
Rivers$1,074,631
Tioga Downs$307,458
Total$2,623,464

September 2020

CasinoGross Gaming Revenue
Del Lago$398,497
Resorts World$285,295
Rivers$623,587
Tioga Downs$96,164
Total$1,403,543

March 2020

CasinoGross Gaming Revenue
Del Lago$53,861
Resorts World($3,304)
Rivers$81,883
Tioga Downs($32,926)
Total$99,514

February 2020

CasinoGross Gaming Revenue
Del Lago$98,247
Resorts World($145,008)
Rivers($38,802)
Tioga Downs($94,030)
Total($179,593)

January 2020

CasinoGross Gaming Revenue
Del Lago$610,250
Resorts World$395,659
Rivers$778,997
Tioga Downs$158,445
Total$1,943,351

December 2019

CasinoGross Gaming Revenue
Del Lago$335,283
Resorts World$65,236
Rivers$311,828
Tioga Downs$68,071
Total$780,418

November 2019

CasinoGross Gaming Revenue
Del Lago$230,092
Resorts World$467,356
Rivers$549,230
Tioga Downs$61,618
Total$1,308,296

October 2019

CasinoGross Gaming Revenue
Del Lago$572,410
Resorts World$506,380
Rivers$1,001,741
Tioga Downs$152,696
Total$2,233,227

September 2019

CasinoGross Gaming Revenue
Del Lago$836,929
Resorts World$381,210
Rivers$903,892
Tioga Downs$161,834
Total$2,283,865

August 2019

CasinoGross Gaming Revenue
Del Lago$182,950
Resorts World$67,881
Rivers$445,291
Tioga Downs$132,030
Total$828,152

July 2019

CasinoGross Gaming Revenue
Del Lago---
Resorts World---
Rivers$294,249
Tioga Downs$55,219
Total$349,468

How much money could New York online sports betting generate?

There was never any doubt that New York could become one of the most lucrative legal sports betting states in the country. Its sheer size and population (trailing only three other states) make the Empire State a potential gold mine.

Combine that with passionate fans and some of the most iconic (and valuable) professional sports franchises in the world, and New York seemingly has all the markers of a wildly successful sports betting market.

Before regulators selected the nine online sportsbooks to launch in New York, and based on a closed model of up to four platforms in the state, PlayNY initially projected in its NY sports betting white paper that mobile wagering would generate $7.5 billion in handle over the first four years. That would lead to $750 million in revenue and $375 million in tax revenue to the state.

New York got off to a good start, as NY betting apps combined for nearly $1.7 billion in handle and over $63 million in tax revenue in the first 24 days of operation.

How NY sports betting compares to New Jersey, Pennsylvania

Obviously, both New Jersey (2018) and Pennsylvania (2019) got head starts to online sports betting. Their established markets have allowed betting apps to build ample customer databases, including many users from New York.

Lawmakers in the Empire State have long believed that green lighting mobile wagering in New York would allow the state to incentivize locals to keep online betting in New York rather than taking their business out of state.

Certainly, New Yorkers have contributed to the rise of New Jersey and Pennsylvania sports betting. And operators in each state have reaped the benefits. For example, New Jersey, easily the largest sports betting market in the US in terms of money wagered, has brought in more than $1.3 billion in revenue since launching in 2018, generating $198.1 million in tax revenue. Similarly, Pennsylvania has benefited from $183.7 million in tax revenue on $724.5 million in operator revenue since 2019.

In 2021, through September, New Jersey and Pennsylvania have reported $501.2 million and $301.8 million in online betting revenue, respectively. That has resulted in some $65 million in taxes for New Jersey and $92 million for Pennsylvania.

Each state features lower tax rates for operators, as well as markets that invite more sports betting competition, whereas New York has a seemingly more finite model in place. New York will implement a 51% tax rate for each of its nine online sportsbooks — by far the highest rate in the country. For comparison, New Jersey taxes mobile operators at a 13% rate, while Pennsylvania levies a 36% tax on sportsbooks.

All-time NY sports betting revenue

Right now, New York has sportsbooks at the state’s four commercial casinos and at tribal casinos upstate. That lack of online sports betting resulted in the Empire State becoming one of the smallest sports betting markets in the country. Only Delaware, Washington, DC, Arkansas and Montana performed worse.

Still, physical sportsbooks in New York have enjoyed an uptick in business. In October 2021, for example, brick-and-mortars at those four casinos generated the highest handle in a single month since legal NY sports betting launched in 2019.

CasinoFY 2021-22FY 2020-21FY 2019-20TOTAL
Tioga Downs$700,609$1,697,632$662,956$3,061,197
del Lago$4,041,838$5,386,304$2,920,022$12,348,164
Rivers$5,425,570$6,411,027$4,328,308$16,164,905
Resorts World$1,863,212$1,979,306$1,735,411$5,577,929
Total$12,031,229$15,474,269$9,646,697$37,152,195
Privacy Policy