New York Sports Betting Revenue Continues To Climb

The New York State Gaming Commission (NYSGC) reported a $2.04 billion sports wagering handle for August, marking a 35.2% increase compared with the same month last year. Gross gaming revenue (GGR) from sports betting rose in line with this growth, up 35.7% year-on-year to $178.2 million, despite the figure being the second-lowest monthly total of the current fiscal year.

Through August, New York’s cumulative sports wagering handle for the fiscal year reached $9.5 billion, while GGR climbed to $981.8 million. Both figures are on pace to surpass last year’s totals, with the new sports season expected to drive further activity in the fall.

FanDuel, DraftKings, and Fanatics Lead Operators

FanDuel retained its position as the top revenue generator, reporting $66.9 million for the month. DraftKings followed closely with $62.3 million. However, DraftKings led in overall handle, accepting $579.6 million in wagers, ahead of FanDuel’s $561.9 million. Fanatics also posted a strong performance, taking in $565.8 million in wagers—its highest monthly handle since entering the New York market.

Casinos in New York posted $65 million in GGR during August, the state’s highest monthly casino figure so far in 2025. This represented a 4.7% rise year-on-year and a 7.3% increase month-on-month. Slot machines and electronic table games (ETGs) were the primary drivers, generating $47 million in GGR, up 9.5% from last year. Table games brought in $16.5 million, the highest monthly figure of the fiscal year, though this was still down 4.2% compared to August 2024. Rivers Casino led the market with $20.1 million in GGR, an increase of 7.3% year-on-year. Del Lago Casino followed with $15.5 million, posting the strongest growth rate at 9%.

New York’s August figures show strong momentum heading into the fall sports season, with both wagering and casino revenue outperforming last year.

Market Outlook

The latest figures suggest New York’s gaming sector is rebounding from the summer slowdown that typically coincides with a break in the sports calendar. With the return of major league action in September and continued competition among leading sportsbooks, the state’s wagering and casino revenue are positioned for further growth. The broader casino landscape remains in flux as New York moves toward licensing its first casino in New York City. Wynn Resorts recently withdrew from the bidding process, leaving several other operators vying for entry into what is expected to become one of the most lucrative gaming markets in the U.S.