Here are the most recent online sports betting income figures for New York, as of March 2022. What do we think the first legal calendar year will bring for the market of online sports betting in New York?
All of it will be covered here, with weekly updates on the most recent New York sports betting revenue data.
NY Online Sports Betting Revenue 2022
New York soon rose to the top of the United States’ online sports betting market. Sportsbooks received considerably over $4 billion in wagers during the first quarter of the year.
The loss of market share by Caesars Sportsbook from the first two months of the year is one of the most noteworthy comparisons. They jumped to the top right away with a huge welcome offer that gave customers a lot of free bets.
So far, the most popular sportsbook in New York is FanDuel Sportsbook.
Each of the three best sportsbooks, including DraftKings Sportsbook, has seen over $1 billion in online wagers. FanDuel is the market leader, with a market capitalization of nearly $1.55 billion. This week, BetRivers surpassed the nine-digit mark.
2022 Mobile Sports Betting Handle in New York
The number of money gamblers has placed with their sportsbook is referred to as a sports betting handle.
In terms of sports betting activity, the most consistent platform is FanDuel.
Throughout the month, DraftKings has steadily improved its position, increasing by substantial amounts each week.