SPORTS BETTING

US – New York beats personal best in sports betting for second consecutive month

By Phil - 20 December 2023

New York continues to smash its personal best when it comes to generating handle from mobile sports betting with November setting a $2.1bn in handle.

The combined handle for the fiscal year has now exceeded $12bn in total with FanDuel and DraftKings accounting for nearly 80 per cent of that total. Revenue has already surpassed $1bn.

FanDuel’s share of the handle has increased from $891.9m in October to $925.4m in November whilst DraftKings reached $732.1m in November, up from $652.3m in October. 

BetMGM generated over $100m in mobile sports bets for three consecutive months, with $120.6m in November, while Caesars Sportsbook reachedthe $200m for the first time this year.