New York Sports Betting Handle, Revenue Up 11% in July 2025

New York's sports betting market surged in July 2025. The state's online sportsbooks posted strong gains in both wagering and revenue. Overall handle rose 11% from July 2024 to reach around $1.4 billion. Meanwhile, gross revenue climbed roughly 11% to about $156 million.

The New York State Gaming Commission reported that digital operators delivered an 11.1% hold. That marked the third straight month of double-digit win rates, unmatched in mobile betting history. 

Online Sportsbooks Had a Good July 2025

FanDuel led with a healthy hold, while DraftKings and Fanatics also posted solid results. DraftKings recorded the highest handle among mobile books. 

Yet FanDuel claimed the most in revenue, thanks to a stronger hold rate. Fanatics grew dramatically, in both handle and profit, compared to last year.

Meanwhile, operators attribute part of the growth to increasing interest in MLB picks. DraftKings reported more action from baseball bettors. That rise in interest helped sustain high revenue despite seasonal lulls.

That said, New York sports betting sites have under a month before the summer slowdown ends and regular-season football begins. College football's Week 1 kicks off during the final weekend of August, followed by the NFL in early September. 

Last season, New York posted five straight months with handles surpassing $2 billion.

New York Sports Betting Raked In Quality Numbers

In addition, state tax collections reached about $79 million in July. That boosted year-to-date tax revenue to more than $736 million, an impressive year-over-year increase.

Looking ahead, operators hope that the return of football will extend momentum. With college games and NFL season approaching, they expect handle and revenue to grow further.

New York's online sportsbooks achieved an 11% increase in handle and revenue in July 2025. They delivered strong hold rates and capitalized on interest in MLB picks to deliver robust results. 

Given tax gains and seasonal momentum, the market remains on a bullish path.