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New York bettors pushed the state to a new milestone in August 2025, with the sports wagering handle crossing $2 billion for only the second time this year. Meanwhile, casino revenue also showed growth, reinforcing New York’s position as one of the most dynamic gambling markets in the U.S.
Good to Know
The $2 billion handle marked a 41.9% increase year-over-year and a 45.9% month-over-month jump. Gross gaming revenue (GGR) from sports betting totaled $178.2 million, representing a 42.6% YoY increase and 14.5% growth from July.
FanDuel topped the revenue list with $66.9 million, while DraftKings was close behind at $62.3 million. Interestingly, DraftKings’ handle of $579.6 million edged out FanDuel’s $561.9 million, showing a competitive balance between the two giants.
Fanatics Sportsbook set a new monthly high with a $565.8 million handle, beating FanDuel in total wagers. However, its hold percentage was much lower, generating only $16.1 million in GGR—just 2.9%. Much of the action was driven by a single high-roller, who reportedly wagered nearly $120 million in one week.
Other Operators:
Together, the state’s operators continue to fuel record-setting betting volumes, highlighting how New York has become the largest regulated market in the U.S.
| Operator | Handle | GGR | Notes |
| DraftKings | $579.6M | $62.3M | Highest handle in August |
| FanDuel | $561.9M | $66.9M | Highest revenue |
| Fanatics | $565.8M | $16.1M | Boosted by single $120M bettor |
| BetMGM | $130.4M | $13.8M | Steady mid-tier performer |
| Caesars | $113.5M | $10.7M | Consistent contribution |
| Total NY | $2.0B+ | $178.2M | 42.6% YoY growth |
Casinos reporting to the NYSGC posted $65 million in GGR for August, up 4.7% from last year and 7.3% from July—the best monthly total of 2025 so far.
Slot revenue jumped 9.5% YoY to nearly $47 million, while table games fell 4.2% to $16.5 million.
On top of performance numbers, expansion plans continue to surface. MGM Yonkers Inc., a subsidiary of MGM Resorts International, submitted a casino license application to the NYSGC and Gaming Facility Location Board in June 2025, keeping the downstate casino race alive.