New York units $231.6 million on-line sports activities betting income file in November

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Cell sports activities betting gross gaming income in New York reached a month-to-month file of $231.6 million (£181.6 million/€219.0 million) throughout November, whereas deal with fell simply wanting the state’s all-time excessive.

Income from on-line sports activities betting was 53.5% larger than $150.9 million in November final 12 months. It additionally surpassed the $176.3 million posted in New York in October this 12 months by 31.4% and beat the state’s current file – $211.5 million in January – by 9.5%.

Spending-wise, knowledge from the New York State Gaming Fee reveals month-to-month deal with for November hit $2.27 billion. That is the second-highest month-to-month quantity on file because the state launch authorized on-line betting in January 2022.

November’s deal with complete is 7.6% greater than final 12 months however fell 2.2% wanting October’s file $2.32 billion spend. As for maintain, the state-wide complete for the month was 10.22%, a marked enchancment from 7.60% in October.

FanDuel pulls additional away from DraftKings in New York

Wanting now to operators, there’s seemingly no stopping FanDuel in New York. The Flutter-owned model elevated its lead of long-term rival DraftKings in November, with income in extra of $100 million. For the month, FanDuel reported $102.6 million in income off a $921.2 million deal with for an 11.14% maintain.

DraftKings was round $25 million behind this determine, posting $77.1 million in month-to-month income. Having taken $745.4 million in on-line wagers, this meant a maintain of 10.34%.

Rounding off the highest three was BetMGM, which jumped from fifth to 3rd within the income rankings. BetMGM posted $14.4 million in income from $167.7 million deal with for an 8.59% maintain.

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Caesars, which was fourth in October, was simply behind BetMGM on $14.2 million in income off a $158.1 million deal with. This resulted in a month-to-month maintain of 8.99%.

Fanatics, the one different operator to see income attain double digits in November, slipped from third to fifth. It reported $13.8 million in income from a $170.2 million deal with, which was larger than each BetMGM and Caesars. Fanatics’ maintain for the month was 8.11%.

ESPN Guess enjoys greatest month to this point

Rush Road Interactive was the most effective of the remainder, inserting sixth with $4.3 million in income off a $47.6 million deal with. This positioned its maintain for the month at 9.03%.

ESPN Guess adopted with income of $3.5 million, its highest month-to-month complete since launching in New York in September. Processing $39.0 million in sports activities wagers, this meant a month-to-month maintain of 8.97%.

Bally Guess took eighth spot with $1.2 million in income off a $10.6 million deal with for a maintain of 11.32% – larger than every other operator within the state. Resorts World Guess rounded off the New York market in November, reporting $567,119 in income from a $5.4m deal with. This left the operator with a good maintain of 10.58%.

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