Sports News
| Published On Aug 11, 2026 12:12 am CEST | By Daniel Li

New York Sports Betting Revenue Jumps to $214 Million in July

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New York online sportsbooks generated $214.4 million in gross gaming revenue from $1.88 billion in July wagers, according to the New York State Gaming Commission. Revenue nearly doubled from June even though betting volume fell sharply.


Good to Know

  • July sportsbook revenue reached $214.4 million from a $1.88 billion handle.
  • Operator hold climbed to 11.4%, compared with 5.2% in June.
  • New York received about $109.3 million from July mobile betting revenue.

Higher Hold Changes July Results

Sportsbooks had a much better July at the betting window. June produced a record $2.25 billion handle but only $116.8 million in gross gaming revenue. One month later, wagers fell about 17%, while revenue increased roughly 84% as operator hold more than doubled.

July also remained a strong month by historical summer standards. Handle increased about 34% from $1.40 billion in July 2025 and sat almost 49% above the $1.26 billion reported in July 2024.

The 2026 FIFA World Cup gave bettors a major event during a part of the calendar usually dominated by Major League Baseball. The tournament ran deep into July, ending with Spain beating Argentina 1 0 after extra time in the final on July 19.

FanDuel collected the most revenue among New York online sportsbooks at $86.1 million from $651.2 million in wagers. DraftKings handled more money at $661.5 million and generated $72.9 million in revenue. Fanatics Sportsbook followed with $21.1 million, while BetMGM produced $15.6 million.

The stronger operator results also lifted state collections. New York applies a 51% tax to mobile sports wagering revenue, with most funds going to public education and dedicated allocations supporting youth sports and problem gambling programs. July generated about $109.3 million for education, compared with $59.6 million in June.


FAQ

How much did New York sportsbooks earn in July 2026?

Online sportsbooks reported $214.4 million in gross gaming revenue from $1.88 billion in wagers.

What was the New York sports betting hold in July?

The statewide hold reached about 11.4%, up from roughly 5.2% in June.

How much tax did New York collect from July sports betting?

The Gaming Commission reported approximately $109.3 million in net revenue to education for July.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.