Rival operators FanDuel and DraftKings posted almost identical online sports betting revenue in New York during July, while the state reported its lowest monthly handle in 11 months.
Players spent $962.1m (£758.6m/€875.7m) betting on sports online in July. This was the first time New York’s monthly handle has fallen below $1.00bn since August last year.
The total was 20.1% ahead of $800.8m in July last year but 17.5% behind June’s $1.17bn handle.
Gross gaming revenue (GGR) from online betting during the month reached $105.1m. This was up 43.4% from $73.3m last year and 1.3% ahead of $103.8m in June.
FanDuel versus DraftKings – the battle for New York crown
In revenue terms, there was very little between FanDuel and DraftKings. FanDuel has been the frontrunner in New York for some time but DraftKings has steadily closed the gap over recent months.
Flutter Entertainment-owned FanDuel remained marginally ahead with $40.9m in revenue for July. The operator also took $384.6m in online..