The New York State Gaming Commission (NYSGC) reported a sharp rebound in mobile sports betting activity in August 2025, with the state’s total wagering handle surpassing $2 billion for the first time since May.
According to the NYSGC report, consumers placed $2.04 billion in bets during the month, up 41.9 percent from August 2024 and 45.9% higher than July’s $1.4 billion total.
Gross gaming revenue (GGR) reached $178.2 million, 42.6 percent more than the same month last year and 14.5 percent ahead of July, though still the third-lowest monthly figure of 2025 to date. The overall hold stood at 8.72%.
FanDuel, DraftKings, and Fanatics lead New York sports betting resurgence
FanDuel retained its lead in the New York sports betting market, generating $66.9 million in revenue from a $561.9 million handle, equating to an 11.91 percent hold.
Rival DraftKings again attracted the largest betting volume, taking $579.6 million in wagers, but ranked second in revenue with $62.3 million at a 10.75 percent hold.
Fanatics set a new company record with a $565.8 million handle, bolstered by a single bettor who wagered nearly $120 million in one week. However, the operator’s revenue stood at just $16.1 million, reflecting a slim 2.85 percent hold.
Elsewhere, BetMGM posted $13.8 million in revenue from $130.4 million in wagers, while Caesars followed with $10.7 million from a $113.5 million handle.
Rush Street Interactive earned $4 million from $40.8 million, narrowly edging ESPN Bet, which reported $3.6 million on the same handle. Bally Bet collected $839,409 from $11.7 million in bets, and Resorts World rounded out the field with $229,357 from a $2.8 million handle.
The New York sports betting market is one of the largest and most active in the United States, regularly generating billions of dollars in monthly wagers.
Popular leagues such as the NFL, NBA, and MLB consistently drive surges in wagering, while big-ticket events like the Super Bowl and U.S. Open tennis championship further solidifies New York’s position as a major hub for sports betting activity.
Meanwhile, casino gaming also delivered its strongest results of 2025 so far in August.
Casino GGR totaled nearly $65 million, up 4.7 percent year-on-year and 7.3 percent from July. Slots and electronic table games were the primary growth drivers, generating $47 million in GGR, a 9.5 percent annual increase.
The results suggest New York’s gambling market is emerging from the summer slowdown, with momentum expected to continue into the fall sports season.
Published: Sep 10, 2025 01:01 am