The Empire State’s nine sportsbooks generated a handle of $445.3 million for the week ending March 17, marking the 22nd time in the last 23 weeks that it’s reached $400 million in wagers.
revenue of $40.2 million for the week, the highest since the week before the Super Bowl and the second time in three weeks of over $40 million in profits.
The week-over-week numbers showed slight gains, with the handle increasing by 1.9%, revenue jumping by 8.8%, and the hold rising by half a point to 9%. However, operators continue to profit consistently as NBA and college basketball dominate the sports betting market during this time of the year.FanDuel led the Empire State with a handle of $178.9 million and revenue of $21.3 million, thanks to a nearly 12% hold.
DraftKings finished second in New York for the week with a handle of $148 million, while revenue fell from $13 million in the previous to $11.3 million in the latest period. BallyBet bounced back from a week in the red with a profit of $127,955 on a $2.7 million handle. Rush Street Interactive, which isFanatics Sportsbook, which bought PointsBet’s U.S.
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