New York online sports betting handle slips to 12-month low in July
Summary
Consumer spending on online sports betting in New York fell to its lowest monthly level since July 2024, with players wagering $1.4 billion in July, according to the New York State Gaming Commission. That figure was down 15.2% from June 2025. Gross gaming revenue for the month was $155.8 million — up 10.6% year-on-year but down 24.8% month-on-month, leaving a state-wide hold of 11.1%.
Source
Source: https://igamingbusiness.com/sports-betting/new-york-sports-betting-july/
Key Points
- • July online handle: $1.4 billion — lowest since July 2024.
- • Month-on-month drop: down 15.2% from June’s $1.65 billion.
- • Gross gaming revenue: $155.8 million — +10.6% year-on-year, -24.8% month-on-month.
- • State monthly hold: 11.1%.
- • Operator leaderboards (July): FanDuel revenue $61.4m from $476.9m handle (12.87% hold); DraftKings revenue $52.5m from $509.4m handle (10.31% hold).
- • Other operator results: Fanatics $13.9m revenue on $137.7m (10.09%); BetMGM $10m on $98.1m (10.19%); Caesars $9.7m on $97.9m (9.91%).
- • Smaller operators: ESPN Bet $3.9m (10.51% hold), Rush Street $3.4m (9.71%), Bally $865,910 (9.4%), Resorts World $229,357 (8.33%).
Why should I read this?
Quick take: July cooled off. If you care about market momentum, operator performance or month-to-month swings, this is the snapshot you need — saved you the scrolling.
Context and relevance
The dip highlights seasonality and volatility in the New York market: despite the July slowdown, year-on-year revenue growth suggests longer-term expansion remains intact. Operator hold percentages show FanDuel still leads in revenue terms while DraftKings attracted a larger share of bets. Useful for operators, investors and analysts tracking market share, margins and short-term demand shifts.
Source
Source: https://igamingbusiness.com/sports-betting/new-york-sports-betting-july/