New York online sports betting handle hits record $2.64 billion in October

Summary

New Yorkers wagered a record $2.64 billion online on sports in October, setting a new monthly handle high and pushing mobile sportsbook revenue to $238.7 million — the state’s strongest revenue showing in five months. October’s handle beat January’s previous record of $2.49 billion by 6.02%, was 13.3% higher than October 2024 and 15.3% up on September.

Key Points

October online handle: $2.64 billion (new state record).
Mobile sportsbook revenue: $238.7 million, highest in five months and up 35.4% year‑on‑year.
Statewide hold for October: 9.03%.
FanDuel led operators with $1.01 billion handle and $100.6 million revenue (10% hold) — the first operator to top $1bn handle in NY in a single month.
DraftKings set its own handle record at $938 million and posted $82.9 million revenue (8.84% hold).
Fanatics, BetMGM and Caesars followed, with Fanatics reporting $18.7m revenue from a $205.7m handle.
Smaller operators: Rush Street Interactive $4.4m revenue from $53m handle; ESPN Bet $3.4m from $60.3m (brand to be shut down as Penn and ESPN end their partnership); Bally Bet and Resorts World Bet posted modest figures.

Content summary

The New York State Gaming Commission data shows October was a standout month for online sports betting in the Empire State. Overall handle and mobile revenue both rose strongly versus 2024 and the prior month, driven largely by heavy activity on FanDuel and DraftKings. The report lists operator-by-operator results, hold percentages and highlights that several operators recorded monthly records for handle or revenue. The piece also notes the impending end of the ESPN Bet brand as Penn prepares to relaunch theScore Bet in the US.

Context and relevance

This matters if you follow US sports-betting growth, market share battles or operator performance. New York is one of the largest betting markets in the US, so record handle and rising revenue signal continued consumer engagement and revenue potential for operators and regulators alike. The data also underscores the dominance of FanDuel and DraftKings and hints at brand reshuffles (eg ESPN Bet winding down) that could reshape competitive dynamics into December.

Why should I read this?

Quick version: big money, big players and a couple of brand moves. If you care about who’s winning market share or whether New York’s market is still growing, this gives you the headline numbers without wading through a full report.

Author style

Punchy: the story delivers hard figures and operator rankings fast. If you’re tracking operator performance or market trends, the details here are worth a closer look — they show where revenue and bets are concentrated and flag a forthcoming brand change that could affect December activity.

Source

Source: https://igamingbusiness.com/sports-betting/new-york-online-sports-betting-october/