New York Sports Betting Revenue Nears All Time High in December

December delivered another strong close for online sports betting in New York. While player spending eased slightly from recent peaks, sportsbook revenue stayed near record territory, reinforcing the state position as the largest regulated betting market in the United States.

Good to Know

• December ranked as the second highest revenue month ever for New York sports betting.
• Online handle posted year over year growth despite a monthly dip.
• Market leaders continued to separate from the rest of the field.

Revenue Climbs as Handle Holds Firm

Sports betting operators in New York generated $259.7 million in gross gaming revenue during December. That total marked a 72.7 percent increase compared with December 2024 and trailed only the $280.6 million record set one month earlier in November 2025.

Online betting handle reached $2.38 billion for the month. Player spending rose 4.4 percent year over year, even as it declined from $2.61 billion in November. The figure also came in below the all time monthly handle record of $2.64 billion established in October 2025.

Based on those totals, sportsbooks finished December with a statewide online hold of 10.9 percent.

The figures were released by the New York State Gaming Commission.

FanDuel Stays Out Front in Market Share

FanDuel once again led the New York market by a wide margin. The operator produced $120.1 million in revenue during December from $853.6 million in wagers.

That result represented the second highest revenue month ever recorded by FanDuel in the state. It followed two straight months where handle exceeded $1 billion.

FanDuel closed December with a 14.07 percent hold, well above the statewide average.

DraftKings Remains Closest Challenger

DraftKings continued to sit firmly in second place. The sportsbook reported $84.1 million in revenue from a $801.6 million handle.

Those numbers translated to a 10.49 percent hold, keeping DraftKings within reach on handle but well behind FanDuel on revenue.

Fanatics Sportsbook followed in third position, generating $18.7 million from $205.5 million in bets. The operator posted a 9.1 percent hold for the month.

Mid Tier Operators Show Mixed Results

Caesars Sportsbook reported $14.7 million in revenue on a $152.8 million handle, leaving a 9.62 percent hold.

BetMGM recorded $13.2 million in revenue while setting a personal best handle of $259.1 million. The month ended with a 5.09 percent hold, reflecting heavier promotional activity.

theScore Bet, previously operating under the ESPN Bet brand, posted $3.6 million in revenue from $42.6 million in wagers for an 8.45 percent hold.

Smaller Operators Round Out the Market

Bally Bet reported $1.2 million in revenue from $13.2 million in bets. The month closed with a 0.09 percent hold, one of the lowest in the market.

Resorts World Bet completed the December lineup with $229,357 in revenue on a $2.8 million handle, producing an 8.33 percent hold.