New York Sports Betting Sets Handle Record in June 2026

Jonathan Rodriguez

Written by: Jonathan Rodriguez

Published: Fri Jul 17, 2026, 10:00 am ET

Read Time: 4 minutes

New York Sports Betting Sets Handle Record in June 2026

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New York sports betting delivered another record month for wagering activity in June 2026. Yet, sportsbooks struggled to convert that volume into strong revenue.

The state's eight mobile operators accepted approximately $2.25 billion in wagers during June 2026. That figure represented a 36.6% increase from June 2025.

Despite the record betting activity, gross gaming revenue fell sharply. The result highlights the volatile relationship between handle and sportsbook profitability.

The latest figures also arrive as New York gambling prepares for a major July betting opportunity. The 2026 FIFA World Cup has reached its final stages, with Spain and Argentina set to meet in Sunday's championship match.

New York Sports Betting Handle Reaches $2.25 Billion in June

According to reports from the New York State Gaming Commission, the state's mobile sportsbooks generated $2.25 billion in handle during June 2026. That total increased 36.6% from the $1.65 billion recorded during June 2025.

The figure also rose 5.7% from May's $2.1 billion handle. As a result, New York continued its remarkable growth in betting volume.

The state's sportsbooks also surpassed $97 billion in lifetime mobile betting handle. The market could cross the $100 billion milestone before summer ends.

Revenue told a very different story, though. Operators generated approximately $116.8 million in gross gaming revenue during June.

That represented a 43.5% year-over-year decline from June 2025. Revenue also dropped 42.8% from the $204.1 million recorded in May.

The state's 5.2% hold created the biggest difference between betting volume and revenue. It marked the lowest monthly hold since mobile sports betting launched in January 2022.

For comparison, operators posted a 12.5% hold during June 2025. The sharp decline meant sportsbooks kept far less money from every dollar wagered.

New York collected approximately $59.6 million in tax revenue during the month. Meanwhile, FanDuel and DraftKings continued to dominate the market.

FanDuel accepted $804.1 million in wagers and generated $42.7 million in revenue. DraftKings followed with $785.4 million in handle and $41.6 million in revenue.

Together, the two leading US online sportsbooks accounted for roughly 70% of June's handle. Seven of the state's eight operators reported lower revenue than last year.

Knicks Championship Run May Have Hurt Sportsbook Margins

The New York Knicks' historic championship run likely played a major role in June's results. The team won its first NBA title since 1973 during a memorable postseason campaign.

That success probably generated enormous betting interest across the state. At the same time, favorable outcomes for Knicks bettors may have reduced sportsbook profits.

The result created a difficult month for operators. Sportsbooks attracted record wagering activity while retaining a much smaller share of the money.

Fanatics recorded the market's lowest hold at 3.5%. Caesars also posted a 4% hold, while FanDuel and DraftKings each reached 5.3%.

Bally Bet provided the only exception among the state's operators. Its revenue increased 50.9% after the sportsbook achieved a 9.2% hold.

World Cup Final Could Boost New York Gambling Revenue in July

The 2026 FIFA World Cup could provide a major boost to New York gambling activity in July. The expanded tournament features 48 teams and 104 matches across three host countries.

The competition has now reached its final match. Spain will face defending champion Argentina at the New York New Jersey Stadium (MetLife Stadium) on Sunday, July 19.

That final creates a major betting opportunity for sportsbooks operating in New York. The match will also take place at the tournament's championship venue.

The tournament's scale should generate substantial betting interest across the United States. Soccer also offers numerous markets, including match winners, player props, goals, and live betting.

Therefore, New York sportsbooks could see another surge in handle during July. Still, revenue will depend heavily on the results and the operators' final hold.

June demonstrated that record handle does not guarantee record sportsbook earnings. The World Cup could now give operators a chance to reverse that trend.

Jonathan Rodriguez
Jonathan Rodriguez

Jonathan is an avid basketball fan, and is often looking forward to the next upcoming NBA season when not checking players' stats during games. He also likes to keep his ears on the ground for the latest rumblings in the online casino industry.

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