FanDuel extends New York roll with $15M week, nearly half of $32.2M total
FanDuel extended its streak of double-digit holds in New York to six weeks after the state’s Gaming Commission reported $32.2 million in mobile sports betting revenue for the week ending June 16 on Thursday.
The leading sports betting app in the Empire State for handle and revenue crafted an 11.1% hold from $137.7 million in handle for the week, resulting in $15.2 million in winnings. The six-week run of win rates above 10% is FanDuel’s longest since doing so in seven consecutive weeks from Oct. 9-Nov. 20, 2022.
The nine digital operators combined for an 8.9% hold from $362.8 million worth of accepted wagers. Handle was up 5% from the previous week while revenue declined 8.4% as the hold for the week ending June 9 was 1.3 percentage points higher.
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