The Empire State’s eight legal sports betting operators saw their numbers take a huge tumble in the week ending August 13.
According to figures released by the New York Gaming Commission, the weekly handle dropped 29.5% to $223.75 million while revenue slipped a staggering 51% to $21.3 million — largely thanks to DraftKings not coming close to matching its previous record-setting week.
The online sportsbook went from boasting a handle of $161.4 million in the week ending August 6 to falling to $75.9 million in the latest period. That 53% decrease resulted in $6.8 million of revenue — the lowest for DraftKings in a month. Its previous week’s win rate of 15.5% also dropped to 8.9%.
