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New York online sportsbooks delivered one of the strongest spring months since online betting began in the state, with revenue far outpacing handle growth in April.
Good to Know
New York bettors kept wagering at a high level in April, but operators took a much larger cut than they did a year earlier.
The eight mobile sportsbooks in the state generated $244.1 million in gross revenue, according to the New York State Gaming Commission. Spring months rarely cross $200 million in New York without NFL betting, making April one of the strongest non-football periods for the market. Only May 2025, at $248.9 million, ranks higher outside football season since online betting launched in 2022.
Handle barely changed from last year. New Yorkers wagered $2.16 billion, just ahead of the $2.15 billion recorded in April 2025. Yet revenue climbed 26.7% year over year because operators held 11.3% of all wagers, up from 9% last April.
April also extended a hot two-month stretch. Online sportsbooks made $217.3 million during March Madness and $244.1 million in April, giving the market $461.4 million in revenue across March and April. That total sits $106.9 million above the same period last year.
The sports calendar helped create plenty of betting volume. The period included the Final Four, the start of the NBA and NHL playoffs, the first full month of MLB, and the Masters. Operators also posted more than $50 million in gross revenue in each of the last four reported April weeks.
FanDuel delivered the top result. The operator produced $101.2 million in revenue from $811.1 million in wagers, helped by a 12.5% hold. It was the second time in 2026 that FanDuel reached $100 million in monthly gross revenue in New York.
DraftKings followed with $80.7 million in revenue from a $771.6 million handle. Its 10.5% hold kept it close behind FanDuel, even with a smaller win rate.
Fanatics Sportsbook took $23.5 million from $262 million in wagers, good for a 9% hold. BetMGM had its best New York month so far, with $15.8 million in revenue from a $157.5 million handle. Caesars added $13.7 million from more than $139 million in bets.
BetRivers posted an 11.3% hold on $41.8 million in wagers. TheScore Bet handled $3.5 million more than BetRivers but held only 6.6%. Bally Bet kept 8.3% from a $1.3 million handle.
New York also collected a large tax payment. The state took $124.5 million from the 51% online sportsbook tax rate in April. Year-to-date tax revenue passed $452 million, nearly 7% higher than the first four months of 2025.
The weekly revenue run cooled after April ended. In the week ending May 3, sportsbooks made $45.7 million, down 22.8% from the prior week. Handle also fell 7.8% to $493.6 million. FanDuel still posted a 12% hold from $176.6 million in bets, while no other operator reached a double-digit win rate.