New York mobile sports bets top $600M in 2 weeks, rival NJ

Jan 21, 2022, 3:29 PM | Updated: 3:50 pm

ATLANTIC CITY, N.J. (AP) — New York sportsbooks took more than $600 million worth of bets from phones or computers in the first two weeks of the activity being legal this month, according to figures posted Friday.

The numbers posted by the New York State Gaming Commission show that the four currently operating mobile sportsbooks — FanDuel, DraftKings, Caesars and Rush Street Interactive — handled more than $603 million worth of bets for the weeks ending Jan. 9 and 16th.

An additional $8.5 million worth of bets were made at in-person sportsbooks in New York state over that same time period, bringing the total to $611.5 million.

Projected over a full month, that would exceed $1.2 billion and would rival the best months New Jersey’s nation-leading sports betting market has ever had.

The New York sportsbooks reported $48.2 million in sports betting revenue — but the revenue of mobile sports operators in the Empire State is taxed at 51%, compared with 13% in New Jersey.

“We always knew New York had this kind of potential, just by how many New Yorkers had been going over to New Jersey to bet,” said New York state Sen. Joseph Addabbo Jr. “What’s really amazing is we did this with only four sports books operating, with more to come online soon.

“There is no doubt that New York will eclipse New Jersey as the number one sports betting market in the nation,” he said.

FanDuel, DraftKings, Caesars and Rush Street Interactive reported figures thus far. Other companies that soon will join the fray include BallyBet, BetMGM, Wynn Interactive, PointsBet, and Resorts World Bet.

New Jersey set the national monthly record for the largest amount of bets made (known as “handle”) in October when its casinos and sportsbooks took $1.3 billion in bets. They took over $1.2 billion in November and December as well.

But with the NFL playoffs, NBA and NHL under way — and additional sportsbooks yet to begin operating — New York appears certain to break that record, and soon.

Among mobile operators in New York, Caesars took the most bets at $257.6 million, followed by FanDuel at $200.3 million; DraftKings at $134.7 million and Rush Street at $10.6 million.

Among brick-and-mortar sportsbooks, Rivers Casino in Schenectady took nearly $3.3 million worth of bets; the del Lago Casino in Waterloo took $2.9 million; Resorts World Catskills in Monticello handled $2.2 million, and Tioga Downs Casino in Nichols handled $757,115 worth of bets.

The presence of the Buffalo Bills in the NFL playoffs is also helping drive interest among new bettors in the state. The Bills play the Kansas City Chiefs in a divisional round game Sunday.

___

Follow Wayne Parry on Twitter at @WayneParryAC

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Ashley Biden introduces her father, Vice President Joe Biden, at a campaign rally at Lorain ...
Associated Press

Ashley Biden positive for COVID-19, skips Latin America trip

WASHINGTON (AP) — Ashley Biden, the daughter of President Joe Biden and Jill Biden, has COVID-19 and is no longer accompanying her mother on a trip through Latin America, the White House said Wednesday. She is not considered a close contact to either of her parents, said Michael LaRosa, the first lady’s spokesperson. White House […]
15 hours ago
Associated Press

Family Dollar closing Arkansas facility where rodents found

LITTLE ROCK, Ark. (AP) — Family Dollar is closing an Arkansas distribution facility where more than 1,000 rodents were found earlier this year, forcing the recall of items from hundreds of stores, the company said Wednesday. The company said it plans to close the facility in West Memphis by the end of October, affecting approximately […]
15 hours ago
This image provided by Georgia Department of Corrections shows Virgil Presnell. The life of Virgil ...
Associated Press

Lawyers: Georgia man’s death sentence is unconstitutional

ATLANTA (AP) — Lawyers for a Georgia man whose execution was put on hold by a judge this week are arguing that he is ineligible for execution because he has cognitive impairments that cause him to function like a young child or someone with intellectual disability. Lawyers for Virgil Delano Presnell Jr. said in a […]
15 hours ago
FILE -Missouri state Rep. Doug Richey points out elements of a proposed congressional redistricting...
Associated Press

Missouri governor OKs new US House map favoring Republicans

JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson signed new U.S. House districts into law Wednesday that are expected to shore up Republican strength in the state’s most competitive congressional district ahead of this year’s elections. The new voting districts took effect immediately, meaning they will be place for the Aug. 2 primary. But […]
15 hours ago
Mental health advocate and actress Selena Gomez, speaks during the White House Conversation on Yout...
Associated Press

Jill Biden, Selena Gomez lead talk on youth mental health

WASHINGTON (AP) — Selena Gomez joined first lady Jill Biden and U.S. Surgeon General Vivek Murthy at the White House on Wednesday for a conversation about youth mental health. The singer/actor has been public about her struggles and revealed in 2020 that she had been diagnosed with bipolar disorder. Biden, Murthy and Gomez held a […]
15 hours ago
Associated Press

Hawaii hurricane season forecasted to be slow with La Nina

HONOLULU (AP) — Hawaii and the Central Pacific basin should expect two to four hurricanes, tropical depressions or tropical storms this year, federal forecasters said Wednesday. The annual National Oceanic and Atmospheric Administration outlook predicts there is a 60% chance of a below-average season. The Central Pacific region sees about four or five tropical cyclones […]
15 hours ago

Sponsored Articles

...
Arizona Division of Problem Gambling

Arizona Division of Problem Gambling provides exclusion solution for young sports bettors

Sports betting in Arizona opened a new world to young adults, one where putting down money on games was as easy as sending a text message.
...
Canvas Annuity

The secret to guaranteed retirement income

Annuities aren’t really a secret, but they are so misunderstood that they might as well be. Once you understand what an annuity is and how it can benefit you, you could decide this “secret” is the perfect supplement to your retirement plan.
...
Dr. Richard Carmona

COVID-19 shots continue long tradition of vaccines protecting public health

You want to feel safe. You want your family to be safe. Are vaccines safe? The simple and important answer is: Oh my yes!
New York mobile sports bets top $600M in 2 weeks, rival NJ