New York Daily Fantasy Sports News

Is Online NY Sports Betting ‘Broken’ While Revenue Pours In?

The jockeying around the online NY sports betting tax rate discussion at next year’s legislature already is underway. New York online sports betting handle fell $33 million from Week 1 of the NFL season to Week 2. Operators combined for $297 million in NY online sports betting handle from Sept. 12-18 after combing for $330 […] Read More

Posted on: September 29, 2022 | | Mike Mazzeo

Analysis: Latest NJ Sports Betting Report Shows Signs Of NY Effect

The impact of mobile sports betting in New York might be showing in monthly NJ sports betting reports. New Jersey sportsbooks reported $546.8 million in handle for August, down 17.7% from last year. Revenue hit $65.3 million, for $8.3 million paid in taxes, according to the monthly report released Friday. August marked the fourth consecutive […] Read More

Posted on: September 20, 2022 | | Matthew Waters

Online NY Sports Betting Handle Dips In August Before NFL Starts

Online NY sports betting handle fell shy of the $1 billion mark for the second straight month. But that is not expected to continue now that NFL betting season is back. Sportsbooks in the Empire State totaled $872.2 million in online sports betting handle during August. That follows $800.8 million in July handle. New York […] Read More

Posted on: September 12, 2022 | | Mike Mazzeo

NY Exceeds $10 Billion In Online Sports Betting Handle Since Launch

New York sportsbooks have exceeded $10 billion in online sports betting handle in less than eight months. Read More

Posted on: September 1, 2022 | | Mike Mazzeo

New York Short Of $1 Billion Online Sports Betting Handle For First Time

New York monthly online sports betting handle finally fell short of $1 billion. After exceeding $1 billion in handle in each of the first six months since Jan. 8 launch, online NY sports betting operators in the Empire State combined for $800.8 million in July handle. The summer months are slower for sportsbooks, given the […] Read More

Posted on: August 9, 2022 | | Mike Mazzeo

Bally Bet Becomes Latest Sportsbook Partner Of New York Yankees

The New York Yankees added another sportsbook partner this week in Bally Bet. During Monday night’s game at Yankee Stadium, advertising featuring Bally Bet and DFS acquisition Monkey Knife Fight was seen on the rotating LED panels below the upper deck. Yankees senior VP of partnerships Michael Tusiani politely declined comment, though an industry […] Read More

Posted on: August 3, 2022 | | Mike Mazzeo

NY Helps US Sports Betting Top $10 Billion Revenue, $1.5B Taxes Post-PASPA

Reported US sports betting revenue and taxes since June 2018 both hit new milestones with an assist from New York's mobile launch in January. Read More

Posted on: July 19, 2022 | | Matthew Waters

Opinion: Cry Me A River Over NY Sports Betting Tax Rate

The talk of tax rates on NY sports betting revenue continues well into this summer. In a recent story from Front Office Sports, it was reported that New York sports betting operators are unhappy with the 51% tax rate in New York and the strict rules that prohibit the deduction of promotions. This is, of […] Read More

Posted on: July 12, 2022 | | John Holden

Bally Bet Live For Mobile NY Sports Betting As Market Nears $9B

Mobile sports betting in NY passed its six-month anniversary Friday and is already the fifth market by lifetime handle in the US. The state’s eight live sportsbooks took $8.6 billion in bets from launch through July 3, five days shy of a true six-month total. That surpassed Indiana as the fifth-largest in the US despite […] Read More

Posted on: July 8, 2022 | | Matthew Waters

FanDuel Hits Record Mobile NY Sports Betting Share In June

FanDuel Sportsbook took its leadership of mobile NY sports betting to new heights, according to Friday‘s report. The eight mobile New York sportsbooks reported $265.6 million in wagers and $13.9 million in sports betting revenue in the week ending June 19. FanDuel has led handle share since February and took 47% of all money bet during the […] Read More

Posted on: June 27, 2022 | | Matthew Waters

New York

Is Online NY Sports Betting ‘Broken’ While Revenue Pours In?

Analysis: Latest NJ Sports Betting Report Shows Signs Of NY Effect

Online NY Sports Betting Handle Dips In August Before NFL Starts

NY Exceeds $10 Billion In Online Sports Betting Handle Since Launch

New York Short Of $1 Billion Online Sports Betting Handle For First Time

Bally Bet Becomes Latest Sportsbook Partner Of New York Yankees

NY Helps US Sports Betting Top $10 Billion Revenue, $1.5B Taxes Post-PASPA

Opinion: Cry Me A River Over NY Sports Betting Tax Rate

Bally Bet Live For Mobile NY Sports Betting As Market Nears $9B

FanDuel Hits Record Mobile NY Sports Betting Share In June

Sportsbook Integration Next Step For PropSwap Betslip Marketplace

Report: ESPN To Enter Exclusive Sports Betting Deal With DraftKings

No Legal Massachusetts Sports Betting Until 2023

Opinion: Florida Sports Betting Plaintiff Files Powerful Brief In Compact Appeal

Ohio Regulator: Sports Betting Applicants Acting Like ‘Petulant Children’