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New York mobile sports betting handle and revenue down in April

New York mobile sports betting handle and revenue down in April

Player spending on mobile sports betting in New York fell 14.7% month-on-month in April, while revenue in the state was also down 8.9%.

Consumers wagered a total of $1.39bn (1.13bn/€1.32bn) on sports via mobile in April, down from $1.63bn in March of this year.

Gross gaming revenue from mobile sports betting for the month amounted to $104.1m, compared to $104.1m in the previous calendar month.

Flutter Entertainment-owned FanDuel Group remained the runaway leader in the market with $63.6m in revenue from $599.5m in wagers.

DraftKings followed in second with $19.6m in revenue off a handle of $327.1m, with Caesars Sportsbook, which posted revenue of $11.8m after taking $215.7m in bets, third.

BetMGM was next after reporting $5.0m in revenue from $142.2m in total wagers, then Rush Street Interactive with $1.8m in revenue and a $38.0m handle.

PointsBet posted $1.5m in revenue and reported a handle of $53.2m, while WynnBet had $518,705 in revenue off $9.4m in player bets, and Resorts W..

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