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Add New York Sports Betting Handle Up, Revenue down Year-Over-Year after Week 1 of NFL

Uta Perin
2026-04-29 20:09:17 +02:00
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New York Sports Betting Handle Up%2C Revenue down Year-Over-Year after Week 1 of NFL.-.md
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<br>Week 1 in the NFL brought the kind of handle New York’s eight online sports betting operators were looking for, but the revenue didn’t follow like last year.<br>
<br>The New York Gaming Commission reported $476.3 million was wagered during the week ending Sept. 8, up 14.5% from the same week in 2023.<br>
<br>However, revenue of $32.3 million for the first week with college football and NFL together was down 43% year-over-year as bettors presented a challenge. The 6.8% hold paled compared to the 13.6% win rate from 2023 Week 1 of the NFL. It also marked the third consecutive week with a hold below [double digits](https://www.supercarbeds.com/blog/kids-racing-to-bed) in New York.<br>
<br>The NFL’s opening week presented a mixed bag of favorites and underdogs covering, and the Empire State’s latest numbers don’t include Monday night’s contest between the New York Jets and San Francisco 49ers.<br>
<br>The busiest sports betting week in months did a handle 18.7% higher than the previous period and gave Empire State operators the first back-to-back weeks with $400 million [wagered](https://thornsin.wiki/wiki/User:TatianaRobles) since [mid-May](https://heinolanaluetaksi.fi/2021/01/06/ciao-mondo/).<br>
<br>Revenue was up 6.2% from the previous week and more than $30 million for the third time in four weeks.<br>
<br>[Dynamic](https://empirexstream.com/@nickpnr1994838?page=about) duo<br>
<br>The battle for the best handle during the week ending Sept. 8 was decided by less than $500,000. FanDuel generated $181.59 million in wagers for the week while [DraftKings](https://linktraffic.site/finleywormald) came in second with a handle of $181.13 million.<br>
<br>However, FanDuel’s win rate of 8.2%, higher than DraftKings’ 5.5%, led to a New York-best $14.96 million in revenue, up from the previous week’s $13.5 million but about half of what the online operator brought in during last year’s first week of NFL.<br>
<br>DraftKings hauled in $9.98 million in revenue, it’s third consecutive week of fewer than $10 million.<br>
<br>The two market leaders in New York combined to account for 76% of all dollars wagered during the week.<br>
<br>Back in third<br>
<br>[Caesars pulled](http://pyungkang.acus.kr/bbs/board.php?bo_table=b_pyungkang_2&wr_id=443) back in front of BetMGM for the week ending Sept. 8 with the third-best handle of $35 million. Behind a solid 8.2% hold, however, [BetMGM hauled](https://katambe.com/@leannerieger4) in a better profit of $2.8 million on a $34-million handle.<br>