In August 2025, New York’s gambling sector experienced an upsurge in both sports betting and casino operations, with a state handle exceeding $2 billion and casino revenue hitting $65 million, as reported by the New York State Gaming Commission (NYSGC).

Gross gaming revenue (GGR) from sports betting surged by 42.6% compared to the previous year, totaling $178.2 million, while casino revenue saw a 4.7% increase from August 2024.

The statewide sports betting handle reached an impressive $2.04 billion, marking a 41.9% rise from August 2024 and a remarkable 45.9% increase from July’s $1.4 billion. This is the first instance since May that the handle has surpassed $2 billion, with a hold rate of 8.72% for the month.

Performance by Operators

FanDuel, a Flutter-owned entity, led sports betting revenues with $66.9 million from a handle of $561.9 million, achieving an 11.91% hold. DraftKings followed closely, generating $62.3 million in revenue with a leading wager total of $579.6 million and a 10.75% hold.

Fanatics set a new record with a handle of $565.8 million, driven by a single bettor who placed nearly $120 million in wagers within one week. The GGR for this operator was $16.1 million, representing a 2.85% hold.

BetMGM reported $13.8 million in revenue from $130.4 million in bets, yielding a 10.58% hold. Caesars followed with $10.7 million from $113.5 million wagered, reflecting a 9.43% hold.

Other operators included Rush Street Interactive, which reported $4 million in revenue from a handle of $40.8 million (with a 9.8% hold), ESPN Bet earning $3.6 million from a $40.8 million handle (an 8.82% hold), Bally Bet with $839,409 from $11.7 million (7.18% hold), and Resorts World reporting $229,357 from a $2.8 million handle (8.33% hold).

Casino Revenue Insights

Casinos collectively generated $65 million in GGR, representing the highest figure for 2025 so far and a 7.3% increase over July’s revenue. Slot machine revenues climbed 9.5% year-over-year to nearly $47 million, while table game revenues dipped by 4.2% to $16.5 million.

Breaking it down by property, Rivers Casino posted GGR of $20.1 million, showing a 7.3% year-over-year increase. Del Lago Casino achieved $15.5 million, marking the highest growth at 9%. Tioga Downs contributed $10.1 million, an enhancement of approximately $500,000 compared to August 2024. However, Resorts World Catskills was the only property reporting a decline, down by 1.4% to $19.4 million.