Anyone is aware of FanDuel is the prime cell betting application when it comes to cope with and income in New York, and now there are some extra figures to convey that dominance into focus.

Lately, the New York State Gaming Fee provided its initial glimpse of cell sports activities wagering handle by activity classification, offering acknowledged wager quantities for NFL, NBA, Important League Baseball, and school football in 2023. The figures on their own have been to some degree surprising in the feeling that although the NFL is regarded as to be the market place that moves wagering in general like no other, the genuine take care of set it behind the NBA and MLB. The $11.07 billion in put together manage from the four key activity classes accounted for just about 58% of the $19.1 billion well worth of electronic wagers placed in New York in 2023.

Stepping out of that vacuum to increase context, that pecking buy for cope with must be envisioned specified the considerably decreased stock of regular-period NFL game titles (272) in comparison to the MLB (2,430) and NBA (1,230). The ratio of NFL playoff video games to NBA and MLB postseason contests is more compact, but all those 15 NFL contests that determine the Super Bowl winner get outsize focus due to their value and solitary-elimination structure.

Athletics Handle submitted a Independence of Information and facts Legislation (FOIL) ask for to the NYSGC to get extra figures by activity category as properly as a breakdown of tackle and income by operator for every single sport class. The state company fulfilled section of the ask for, providing deal with breakdowns of the 4 big sporting activities for all nine cellular operators.

What the NBA dollar figures present

The two issues conveniently recognizable were being FanDuel‘s dominating existence when it arrived to qualified sports betting, with DraftKings having top honors for school football.

That FanDuel experienced its most important distribute in manage above its New York cell peers with NBA wagering is no surprise — it has been an official associate of the league courting again to 2014 — and the sportsbook additional leveraged that existence in 2020 when it became the special sporting activities betting spouse for NBA programming for Turner Sporting activities.

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The $1.68 billion in NBA manage represented 21.5% of all New York cell manage for FanDuel and accounted for 45.6% of the $3.68 billion wagered overall. It was also the only activity of the 4 breakouts the NYSGC provided that DraftKings failed to attain at least a 30% market share, coming up just brief at 29.4%.

Professional basketball wagering was loads popular with other cellular selections for New York athletics bettors. Four of the nine had NBA bets account for at the very least 20% of their whole tackle, with BetMGM acquiring the greatest share at 23.5% with nearly $290.5 million tackle. Its 7.9% industry share was its finest of the four categories examined.

DraftKings’ NBA deal with accounted for only 15.9% of its $6.81 billion worthy of of acknowledged wagers only Resorts Environment, at 14.3%, had a reduce percentage. Caesars was the only other ebook to declare at least 10% market place share of NBA bets, and its $389.6 million deal with represented 19.1% of the $2.13 billion in wagers recognized.

Leading books have high concentration of NFL handle

FanDuel and DraftKings combined for at least 72% of the market share in the four categories provided by the NYSGC, but the NFL was the only one of the four where that eclipsed 75% and reached 77.5%. The top four mobile books, a group that includes BetMGM and Caesars, commandeered more than 94% of the $2.99 billion wagered on pro football games in 2023. That was the highest degree of concentration, edging out the NBA at 93.9%.

DraftKings had a 35.3% market share of NFL handle, but the 15.5% of its total handle in New York was the lowest percentage it had in the four groups. BetRivers, which made strides throughout the year to establish itself as the No. 5 option in the Empire State, had the highest percentage of NFL handle to overall handle at 17.3%, which represented more than $106.5 million worth of wagers.

Where BetMGM gained ground in NBA betting, it ceded space in the NFL sphere. Its 5.1% market share was the lowest among the four groups. Caesars slotted into third among the mobile books in all four categories, carving out an 11.5% market share for pro football betting.

PointsBet was the only other mobile book to generate at least 1% of market share in all four major categories, though its best was 1.9% in NBA betting. Bally Bet gets a pass when it comes to market share for 2023 since its operations were shuttered from July through October as it migrated its sports betting platform to Kambi.

WynnBET bettors like betting on baseball

WynnBET, which is operating in only three states outside New York after shuttering its business in eight others last summer, failed to attain a 1% market share in any category but may have found a small niche among bettors when it came to MLB betting. Its $25.8 million handle represented 22.5% of its $114.8 million worth of wagers accepted. The four major categories accounted for 61.3% of WynnBET’s total handle only BetRivers (67.8%) saw more handle derived from the quartet.

FanDuel’s lead over DraftKings in MLB betting market share was its slimmest in the three pro sports, claiming 38.1% with $1.25 billion compared to DraftKings at 37.1% with $1.22 billion. That was a contributing factor in DraftKings leading all operators in handle for both June and August.

Caesars (11.9%) and BetMGM (6.7%) helped bring the combined market share of the top four books to 93.8%, accounting for $3.08 billion of the $3.29 billion wagered overall, while BetRivers accounted for more than half the remaining handle with $121.8 million.

BetRivers gaining ground in college football

In addition to DraftKings preventing FanDuel from sweeping the handle title across all four categories by obtaining 38.2% of the market share with $425.3 million worth of bets, BetRivers may have found something with NCAA football.

College football accounted for $1 out of every $9 wagered on the platform in 2023, and BetRivers was the only mobile book to have college football account for at least 10% of its overall handle. It also provides some context to BetRivers’ record $114.2 million handle in October, which was $37.6 million better than its next-highest monthly total.

Additionally, BetRivers came the closest to knocking BetMGM out of the top four in any category for market share. Its 6.1% of the $1.11 billion-plus wagered in college football came within three-tenths of a percentage point of BetMGM, with the pair separated by less than $3.4 million.

Caesars had its best showing in terms of market share with college football — its $137.7 million handle was 12.4% of all wagering in the sport. FanDuel was far closer to DraftKings in second place than Caesars was to it in third, accepting $385.1 million worth of wagers to fashion a 34.6% market share.





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