FanDuel did surpass $700 million in revenue this year and entered the final month of 2023 with a hold just shy of 10.4%.ĭraftKings had an even higher year-over-year bounce in handle as the $732.1 million was an increase of 46.8% and topped its previous high of $710.5 million in September. FanDuel’s 7.5% hold was its lowest in a month since its all-time low of 4.1% in February 2022, and it was more than 4.6 percentage points lower compared to November 2022. While FanDuel’s handle was up 43.2% compared to 12 months ago, the $69.2 million in revenue was down 11.6%. That volume alone would rank 10th nationally in 2023 as a state total outside New York. FanDuel blew past its October record of $891.9 million to nearly $925.4 million - accounting for 43.9% of the overall digital handle. New York’s sports betting sites are led by FanDuel and DraftKings, as the two leviathans combined for close to $1.66 billion of the online handle. FanDuel, DraftKings set all-time handle highs It is the largest monthly loss recorded among the state’s nine mobile options, with Bally Bet having paid out $31,467 above its $1.5 million handle in October 2022.

WynnBET became the second operator to finish with a monthly loss from sports betting as customers came out $312,427 ahead on nearly $11.3 million in accepted bets. The latter was the fourth-lowest percentage in 23 months of mobile wagering in New York and the worst for operators since the all-time low of 6.9% in June 2022. Its 7.5% hold was barely above the collective win rate of 7.2%. Despite the month-over-month bump, mobile sports betting revenue slid 9.3% to $150.9 million as the public finally held FanDuel in check to some degree.

Kambi mobile sportsbook