{"id":8461,"date":"2025-01-06T07:11:52","date_gmt":"2025-01-06T07:11:52","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/06\/new-york-sportsbooks-end-2024-with-record-breaking-christmas-week-revenue\/"},"modified":"2025-01-06T07:11:52","modified_gmt":"2025-01-06T07:11:52","slug":"new-york-sportsbooks-end-2024-with-record-breaking-christmas-week-revenue","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/06\/new-york-sportsbooks-end-2024-with-record-breaking-christmas-week-revenue\/","title":{"rendered":"New York Sportsbooks End 2024 with Record-Breaking Christmas Week Revenue"},"content":{"rendered":"<div>\n<p>The sports betting industry in New York ended 2024 strongly. The week ending December 29 saw $61.5 million in revenue from the state\u2019s nine online sportsbooks, which was the second-highest weekly total for the football season.<\/p>\n<p>The New York Gaming Commission reported an 80.9% increase in revenue during the holiday week compared to the prior week. New York crossed the $500 million milestone for the fourth time in five weeks, despite a modest decline in the overall handle to $519.8 million. Nearly 20 college football bowl games and the NFL\u2019s Week 17, which featured contests on Christmas Day, were important motivators.<\/p>\n<p>The 11.8% hold during the period nearly doubled from the prior week, reaching the highest percentage since mid-September, when sportsbooks posted $69 million in revenue on a 14.4% hold.<\/p>\n<h2><strong>FanDuel and DraftKings Lead the Pack<\/strong><\/h2>\n<p>FanDuel emerged as the top earner during the week, achieving a 14.1% hold and generating $30.2 million in revenue\u2014a 93.6% jump from the previous week. Its handle increased by nearly 4%, reaching $213.5 million, marking its largest handle since mid-November.<\/p>\n<p>DraftKings secured the second spot with a $165.6 million handle and $18.1 million in revenue, up by almost $8 million week-over-week. This marked its best revenue performance in the past five weeks.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Fanatics Sportsbook had an impressive showing, climbing to third place with a $43.5 million handle and $4.5 million in revenue\u2014a staggering 683% week-over-week growth. BetMGM followed closely with $37.5 million in wagers.<\/p>\n<p>Caesars recorded a $36.5 million handle, finishing fifth. BetRivers surpassed <a href=\"https:\/\/igaming.org\/sports-news\/espn-bet-makes-modest-new-york-debut-with-9-1-million-handle\/\">ESPN BET<\/a> with a $10.1 million handle, while ESPN BET saw profits rise 408% week-over-week despite a lower handle of $8.9 million.<\/p>\n<p>Even smaller players like Bally Bet and Resorts World Bet reported increased revenue, highlighting a strong holiday season across the board.<\/p>\n<p>New York\u2019s sportsbooks closed the year with a powerful performance, setting the stage for continued growth in 2025.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/new-york-sportsbooks-end-2024-with-record-breaking-christmas-week-revenue\/\">New York Sportsbooks End 2024 with Record-Breaking Christmas Week Revenue<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The sports betting industry in New York ended 2024 strongly. The week ending December 29 saw $61.5 million in revenue from the state\u2019s nine online sportsbooks, which was the second-highest weekly total for the football season. The New York Gaming Commission reported an 80.9% increase in revenue during the holiday week compared to the prior [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8461","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8461"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8461\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}