diff --git a/New-York%E2%80%99s-Sports-Betting-Operators-Produce-11.5%25-Weekly-Hold-in-Late-June.md b/New-York%E2%80%99s-Sports-Betting-Operators-Produce-11.5%25-Weekly-Hold-in-Late-June.md new file mode 100644 index 0000000..6ecee57 --- /dev/null +++ b/New-York%E2%80%99s-Sports-Betting-Operators-Produce-11.5%25-Weekly-Hold-in-Late-June.md @@ -0,0 +1,15 @@ +
Weekly holds under 10% don’t usually last long for Empire State online sportsbooks, and they usually bounce back well when they do catch a [single digit](http://git.biandejun.com/shellifitzpatr).
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Such was the case for the week ending June 23, when the win rate went from 8.9% to 11.5%.
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That led to revenue of $38.2 million, the highest of any week in June so far, and helped offset an 8.2% [week-over-week drop](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/3114024/Default.aspx) in the handle.
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The New [York Gaming](https://africanadians.com/author/gidget29v6246/) Commission reported that $333.1 million was wagered in the week ending June 23. With just one [NBA Finals](https://git.dotb.cloud/kalispruson770) game during the week and that series coming to a close with the Boston Celtics [winning](https://code.dsconce.space/kellyrupp22933) the title in five games, some handle drop was expected. However, the nine online sports [betting](https://bio.shipfry.com/erichagelt) operators still fared well behind a Stanley Cup Final between the Edmonton Oilers and Florida [Panthers](https://alupas.com/journal-blog) that showcased two games during the period.
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Revenue reached $30 million for the seventh consecutive week and the ninth time in the last 10 periods.
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The handle, meanwhile, hasn’t climbed to $400 million since the week ending May 19.
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Big dogs eat
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The trend of [FanDuel winning](https://dev.yayprint.com/the-bet-naija-promotion-code-2026-is-yohaig/) New York continued.
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The online sportsbook accounted for $19.6 million of the total profit in the Empire State, thanks to a 15% hold. FanDuel also led all operators for the fourth consecutive week in the amount wagered with a handle of $131.1 million.
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DraftKings was second at $118 million and the only other mobile sportsbook to reach $10 million in revenue, meaning the two market leaders [combined](https://museum.skeiron.com.ua/agent/emiliogayle74/) for nearly 80% of all money made by operators for the week.
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Bouncing back
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Caesars finished third for the week ending June 23 with a handle of $31.3 million. The online sportsbook also bounced back from its third week of revenue under $2 million since April last week with a $2.5 million haul in the latest period.
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BetMGM was fourth with a handle of $22.8 million and went over $2 million in weekly profits for the first time in a month.
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Fanatics kept its spot among the top five with a weekly handle of $16.6 million and a nearly 19% increase in revenue.
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Since a New York sports betting run of at least $10 million handles 34 times in 36 weeks dating back to September 2023, BetRivers has gone under that mark in three of the last five weeks. The [online operator](http://gitea.snailtrack.cn/brittanythornb) also couldn’t build off an impressive $24.9 million in the previous week as wagers fell to $9.7 million in the latest period.
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