The New York sports betting market posted another strong performance in August, with total wagering volume surpassing $2 billion for the month. According to figures released by the New York State Gaming Commission, bettors placed $2.04 billion in wagers, marking a 42 percent increase from the same month last year and a 46 percent jump over July. It was the highest monthly handle since May. Sports betting revenue also rose significantly. Gross gaming revenue reached $178.2 million in August, representing a 42.6 percent year-over-year increase. The statewide hold rate stood at 8.72 percent.
FanDuel led all operators in revenue, reporting $66.9 million from a handle of $561.9 million with an 11.91 percent hold. DraftKings recorded the largest handle at $579.6 million and produced $62.3 million in revenue, with a 10.75 percent hold. Fanatics continued to grow its presence, taking in $565.8 million in wagers for the month. Despite the strong volume, its revenue was $16.1 million, reflecting a hold of just 2.85 percent. A single high-stakes bettor accounted for nearly $120 million of Fanatics’ handle in one week.
Other operators also reported steady results. BetMGM generated $13.8 million in revenue from a $130.4 million handle, while Caesars brought in $10.7 million from $113.5 million in wagers. Rush Street Interactive posted $4 million on $40.8 million in bets, and ESPN Bet reported $3.6 million on a similar handle. Bally Bet recorded $839,409 from $11.7 million in wagers, and Resorts World produced $229,357 from $2.8 million.
Beyond sports betting, the state’s casino sector also gained momentum in August. Total casino revenue reached $65 million, the highest monthly figure of 2025. That represented a 4.7 percent year-over-year increase and a 7.3 percent rise compared to July. Slot revenue climbed 9.5 percent to nearly $47 million, while table games slipped 4.2 percent to $16.5 million.
Rivers Casino led commercial properties with $20.1 million in revenue, up 7.3 percent from last year. Del Lago posted $15.5 million, showing the strongest annual growth at 9 percent. Tioga Downs reported $10.1 million, an increase of roughly half a million dollars. Resorts World Catskills was the only property to see a decline, dropping 1.4 percent to $19.4 million. The continued growth of New York sports betting, alongside steady gains in casino gaming, highlights the strength of the state’s gambling market as it heads into the fall season.
