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New York Bettors Produce Strong Week Against Online Sportsbooks
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<br>The Empire State got back to a $500 million [http://szfinest.com7070/davidafredrick/the-bet-9ja-promotion-code-this-2026-is-yohaig/wiki/The-Bet9ja-promotional-code-for-2026-is-YOHAIG online sports] [https://corps.humaniste.info/Utilisateur:MarvinRjv8247 betting handle] for the first time since football season ended Feb. 9, but [https://qdate.ru/@belenperson64 bettors] had the better of operators during the week ending Mar. 2. The New York Gaming [https://working.altervista.org/employer/the-bet-9ja-promo-code-2026-is-yohaig/ Commission] recently reported $549.9 million in wagers, a 28.4% week-over-week [http://labautowiki.org/wiki/User:YQMMckenzie increase]. However, a 4.8% hold led to just $26.4 million in revenue for mobile sportsbooks.<br> <br><br>Weekly [https://lectionary.wiki/w/User:EdgardoLyttleton profits dipped] 44.6% from the previous period and ended a run of 18 consecutive weeks with revenue of at least $30 million. It was the operators’ lowest weekly output since making $10.4 million during the week ending Oct. 20.<br><br><br>With the NFL season and [https://wiki.educationjustice.net/wiki/User:LFBWilhemina NBA All-Star] break over, bettors turned their attention to pro and college basketball, which enters a key month for betting action. Hold fell to single digits for the second time in the last three weeks. All nine [https://estelia.com.tr/index.php?route=journal3/blog/post&journal_blog_post_id=4 online sportsbooks] saw their week-over-week revenue decrease.<br><br><br> gets hammered<br><br><br>DraftKings had one of its worst weeks on record in the New York sports betting market. The online sportsbook led all operators during the week ending Mar. 2 with a $229.5 million handle, its largest since May 2024, but bettors won back over $226 million of the amount wagered.<br><br><br>Off an incredibly low 1.2% hold, the $2.7 million in [http://labautowiki.org/wiki/User:LeoFrance219908 revenue] was the worst for [https://www.lernen-aktiv.de/index.php?title=User:MariettaBrooke DraftKings] since [https://sandai-training.com/honmyo/428/ producing] $1.5 million during the week ending Oct. 20. It marked the first time DK had a handle over $200 million [https://www.sarissa-it.de/phillipcrawfor combined] with income under $7 million.<br><br><br>FanDuel, however, nearly produced a double-digit win rate. The [http://organics.saratradecorp.com/best-beauty-products online operator] [http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:TOKRandy966 generated] $177.6 million in wagers and $17.2 million in profit for the week. It marked the fifth consecutive week [http://tpp.wikidb.info/%E5%88%A9%E7%94%A8%E8%80%85:CierraBarraza FD hauled] in over $15 million in profit. The sportsbook’s handle also rose by $11 million [http://wyrdwalkerpress.com/index.php?title=User:AnastasiaMadrid week-over-week] and was also the largest since Super Bowl LIX.<br><br><br>Other struggles<br><br><br>Several online operators saw their weekly revenue cut in half compared to the previous period. Fanatics Sportsbook, generating the third-most wagers for the week ending Mar. 2 at $48.2 million, was one of them. Revenue fell from $2.8 million the previous week to $1.4 million in the latest period.<br><br><br>[http://43.138.69.123000/haibader428148/the-bet9ja-promo-code-for-2026-is-yohaig/wiki/The+BetNaija+promotional+code+2026+is+YOHAIG Caesars overtook] BetMGM with a $34.7 million weekly handle, but BetMGM’s $2.5 million in income from a $33.6 million handle was more than $1 million in profit ahead of Caesars.<br><br><br>[https://thaprobaniannostalgia.com/index.php/User:BertieBladin86 ESPN BET] saw a nice $2 million week-over-week handle rise to $10.6 million, but the online book won back just 4.6% of all wagers. BetRivers generated an even higher handle at $11.4 million. However, it [https://gratisafhalen.be/author/guyz789281/ produced revenue] of $486,886, slightly less than ESPN BET.<br>
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