• Following a down week of sports betting in the Empire State, the state reported a $58.2 million bounce back in gross gaming revenue
• The gaming commission reported $576.12 million in online sports betting for the week ending Oct. 27
• ESPN BET posted its highest handle total since launching in the state

New York online sportsbooks bounced back hard after experiencing an uncharacteristically rough week.

The New York State Gaming Commission reported $58.23 million in gross gaming revenue for the week ending Oct. 27, a nearly $48 million increase from the previous total of $10.44 million the week before.

State sports bettors also flocked to their online apps for the week, totaling the highest online handle so far for this year’s football season.

Bounce Back Week for New York Books

The New York State Gaming Commission reported $576,121,780 in online sports betting handle for the week ending Oct. 27, the most bet during any week of the NFL and college football season in the state so far this year.

FanDuel dominated the week, posting $240,487,519 in handle and $23,910,735 in gross gaming revenue. DraftKings was next, reporting $192,548,071 in handle and $19,671,427 in gross gaming revenue.

The New York State Gaming Commission releases handle and revenue reports for its nine live NY sports betting apps, Caesars Sportsbook, DraftKings Sportsbook, FanDuel, BetMGM, Fanatics Sportsbook, Bally Bet, Resorts World Bet, ESPN BET, and BetRivers, at the conclusion of each week.

Here are the handle breakdowns for the eight sportsbooks for the week ending Oct. 27. Caesars has yet to report their weekly numbers:

• FanDuel NY: $240,487,519
• DraftKings NY: $192,548,071
• Fanatics Sportsbook: $41,703,433
• BetMGM NY: $37,412,890
• ESPN BET: $11,442,339
• BetRivers: $10,819,411
• Bally Bet: $2,676,413
• Resorts World: $1,535,623

Here are the total handles for the nine sportsbooks since New York’s Jan. 8, 2022 launch. FanDuel is the only operator in the state to eclipse $21 billion in total handle so far.

• FanDuel: $21,474,999,848
• DraftKings: $17,877,571,962
• Caesars: $6,454,921,724
• BetMGM: $3,810,826,920
• BetRivers: $1,536,021,998
• Fanatics Sportsbook: $1,606,767,458
• Resorts World: $205,058,615
• Bally Bet: $113,676,505
• ESPN BET: $40,398,667

NY Sports Betting Revenues

For the week of Oct. 27, the nine sportsbooks reported a total of $58,231,534 in gross gaming revenue. At New York’s 51% online sports betting tax rate, this resulted in $29,698,082 million in tax revenue.

Here are the total gross gaming revenues for the week. Caesars has yet to report their numbers:

• FanDuel: $23,910,735
• DraftKings: $19,671,427
• Fanatics Sportsbook: $5,320,965
• BetMGM: $3,199,698
• BetRivers: $1,068,423
• ESPN BET: $727,703
• Bally Bet: $250,920
• Resorts World: $121,820

Here are the total gross gaming revenues since the Jan. 8, 2022 launch:

• FanDuel: $2,238,852,805
• DraftKings: $1,499,428,789
• Caesars: $462,331,911
• BetMGM: $248,888,739
• Fanatics Sportsbook: $111,317,507
• BetRivers: $91,826,666
• Resorts World: $13,194,952
• Bally Bet: $6,485,747
• ESPN BET: $2,043,264

The post Sportsbooks Bounce Back Hard in New York After Rough Week appeared first on Sports Betting Dime.