New York gaming revenue surpasses $240M in August as betting handle tops $2B

New York’s gaming industry saw growth across both sports wagering and casino gaming in August 2025, with statewide handle surpassing $2 billion and casino revenue reaching $65 million, according to the New York State Gaming Commission (NYSGC).

Sports betting gross gaming revenue (GGR) rose 42.6% year-over-year to $178.2 million, while casino performance improved 4.7% from August 2024.

The $2.04 billion sports betting handle was 41.9% higher than August 2024 and 45.9% greater than July’s $1.4 billion. It was the first time since May that handle exceeded $2 billion. Hold for the month stood at 8.72%.

Operator results

Flutter-owned FanDuel reported the highest revenue among sportsbooks at $66.9 million from a $561.9 million handle, with an 11.91% hold. DraftKings followed with $62.3 million in revenue, leading in wagers with $579.6 million and a 10.75% hold.

Fanatics posted a new monthly high handle of $565.8 million, largely driven by one bettor wagering close to $120 million in a single week. The operator’s GGR reached $16.1 million for a 2.85% hold.

BetMGM produced $13.8 million in revenue from $130.4 million in bets for a 10.58% hold. Caesars reported $10.7 million from $113.5 million in wagers, reflecting a 9.43% hold.

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

Casino performance

Casinos generated $65 million in GGR, the highest monthly total of 2025 to date and 7.3% higher than July. Slot revenue increased 9.5% year-over-year to nearly $47 million, while table game revenue fell 4.2% to $16.5 million.

At the property level, Rivers Casino reported $20.1 million in GGR, up 7.3% from last year. Del Lago Casino recorded $15.5 million, the highest year-over-year increase at 9%. Tioga Downs produced $10.1 million, improving by roughly $500,000 from August 2024. Resorts World Catskills was the only property to post a decline, down 1.4% to $19.4 million.