$2.04 Billion Sports Betting Handle in New York in August 2025

By Matt Speakman,
Betting Expert at online-gambling.com

Matt Speakman Betting Expert at online-gambling.com

A die-hard fan of the Patriots, Matt Speakman is an expert on everything related to sports betting and DFS sites. Over the years, he has proven a valuable asset for our team at online-gambling.com. You can find Speakman's professional tips and tricks in any of his many articles on the website.

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Last updated: September 15, 2025

According to official data from the New York Gaming Commission, the Empire State reached a $2.04 billion sports betting handle in August 2025. FanDuel, DraftKings, and Fanatics remain the market leaders in revenue. Additionally, the New York casino sector has also experienced growth.

New York is Back in the Game

The $2.04 billion sports wagering handle in New York in August 2025 is a significant increase of 41.9% compared to the same month in 2024. The $178.2 million gross gaming revenue (GGR) also shows a major 42.6% YoY growth and a 14.5% increase from July, with a hold rate of 8.72%.

When it comes to sports wagering handles, June and July of 2025 reported a plateau with $1.6 billion and $1.4 billion, respectively. However, these two months are traditionally slower due to fewer major sports events, so that’s not entirely surprising or unexpected.

In August, New York is back at it, with the return of more popular sports and events. One example is the US Open, which takes place annually in late August and early September. The tennis tournament attracts a large audience and generates substantial betting interest due to its high-profile matches and star players.

With the start of the NFL regular season, the MLB World Series, and other fan favorites coming up in the following months, we expect the growth trend to continue. Let’s not forget the Empire State reported record-breaking $23.94 billion sports betting handle in the 2024-2025 fiscal year

Top Performing Sportsbooks in New York in August 2025

As usual, FanDuel is at the top of the charts with a revenue of $66.9 million from a $561.9 million handle (11.91% hold), while DraftKings led in total handle with $579.6 million but reported slightly less revenue at $62.3 million (10.75% hold).

Fanatics takes third place with a revenue of $16.1 million from a $565.8 million handle. That said, this is a record-breaking month for the popular sportsbook in New York. Here’s a detailed breakdown of the legal betting platforms in the Empire State and their reported numbers in August:

As already mentioned, retail casinos in New York have also reported growth, with a statewide casino GGR of $65 million in August 2025, up 4.7% YoY and 7.3% from July. This revenue was primarily driven by slots and electronic table games.