Decline in college football action causes 13% weekly handle drop in New York

Sunday, December 22, 2024 12:41 PM
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  • Brad Senkiw, Covers

Empire State sports betting operators felt the lack of college football games during the week ending Dec. 15.

With the NFL’s Week 15 to carry the bulk of the action, the nine online sportsbooks suffered a 12.8% week-over-week handle decrease. The New York Gaming Commission reported that $447.5 million was wagered in the latest week, marking the lowest handle since the week before the NFL season began.

It was the third handle to fall below $500 million in the last nine weeks. There were only two FBS college football games played: Army-Navy and the Veterans Bowl.

Revenue of $36.8 million in the week ending Dec. 16 was unchanged from the previous period.