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New York’s online sportsbooks generated $214.4 million in gross revenue from a $1.88 billion handle in July, according to the New York Gaming Commission, setting a new July revenue high for the state’s mobile betting market.
The statewide 11.4% hold was more than double June’s rate, helping July become the first month of its kind to top $200 million in revenue since mobile wagering launched in January 2022. Gross revenue was up 37.8% year over year, while handle rose 34.3% from July 2025.
The strong month also delivered $109.3 million in tax revenue for New York. With the state taxing online sportsbook revenue at 51%, year-to-date collections have now moved above $725 million.
World Cup betting helped drive July results
The World Cup was a major factor in July’s wagering volume. Covers reported that June and July combined for $4.1 billion in wagers, underscoring the tournament’s impact on betting activity in New York.
Sportsbooks also benefited from tournament results, including Spain’s win over Argentina in the World Cup final, which helped operators post stronger returns for the month.
FanDuel led revenue, while DraftKings handled the most bets
DraftKings posted the largest handle in July at $661.5 million, producing $72.9 million in revenue.
FanDuel was the revenue leader with $86.1 million on a $651.2 million handle, and it also led the state with a 13.2% win rate.
Behind the two market leaders, Fanatics Sportsbook generated $21.1 million in revenue from $221.6 million in wagers. BetMGM reported $15.6 million in revenue on a $138.3 million handle, while Caesars produced $11.4 million from $122.6 million in bets.
BetRivers accepted $40 million in wagers and posted an 8.8% hold. Covers also reported that theScore Bet and Bally Bet finished below their June revenue totals and recorded single-digit win rates.
For New York bettors, the July report is another reminder that operator-friendly results can sharply lift sportsbook revenue even when betting volume is already high. The next monthly figures will show whether that elevated hold was a one-month spike or the start of a stronger late-summer stretch. As always, wager responsibly.
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Source: As reported by Brad Senkiw.
