New York Sportsbooks Produce Second Straight $200 Million Profit Month, Set New June Hold Record

2026-05-01T08:36:20Z

HannahCajigas4: Created page with " New York’s nine online sports [https://www.up-tattoo.com/index.php?route=journal3/blog/post&journal_blog_post_id=12 betting] operators eclipsed $200 million in gross rev..."

New York’s nine online sports [https://www.up-tattoo.com/index.php?route=journal3/blog/post&journal_blog_post_id=12 betting] operators eclipsed $200 million in gross revenue for the second [https://itss.sl/standowner0853 consecutive] month and set a new state win rate record in June. - The 12.5% [http://pilot.waytoacme.com/employer/the-bet-9ja-promotion-code-for-2026-is-yohaig hold beat] out the previous 11.5% high set in both August and September 2022. - June revenue spiked 54% from the same month in 2024 while handle rose 11.7%. - FanDuel and DraftKings had 75.6% of the month's entire gross revenue. The New York Gaming Commission reported Thursday that [http://wikitesla.org/wiki/Utilisateur:JacksonEdmondsto mobile sportsbooks] generated $206.5 million in profit from a $1.65 billion handle. They hauled in $248.9 million in [https://www.guerzhoy.a2hosted.com/index.php/User:ThomasK492998 revenue] from $2.21 billion in bets during a [https://easyentegre.com/blogs/en_iyi_pazaryeri_entegrasyon_firmalari.html record-setting] May. June’s 12.5% hold beat out August and September 2022, which were tied at 11.5%, for the highest [http://47.100.17.114/douglasdrago00/the-betnaija-promo-code-this-2026-is-yohaig/issues/1 win rate] ever. Online New York sports betting operators enjoyed a whopping 54% year-over-year revenue [https://karabast.com/wiki/index.php/User:CorinneWhiddon increase] in June, while hold was up from the previous June’s 9.1%. [http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:Felipa48G7 Handle spiked] 11.7% year-over-year, but was the lowest in 2025 and second under $2 billion. What a run It’s the first time the U.S.' most lucrative market went over $200 million in back-to-back months since online wagering launched in January 2022. May and June revenue totals combined increased 34.8% to the same two months in 2024. All that operator profit led to $105.3 million in state tax income, now over $656 million year-to-date. More than $230 million of that was during the last two months. [https://modular-matting.com/auswaehlen-einer-gebaeudetreibe/?lang=de Market leaders] own June FanDuel and DraftKings combined to generate 75.6% of New York’s June gross revenue and hauled in 44.8% more profit than in June 2024. DraftKings led all operators with a $607 million handle, but FanDuel used a massive 15.4% hold to generate more income from a $563.7 million haul. Three other Empire State sportsbooks enjoyed double-digit holds in June. [https://www.arenagames.us/index.php?title=User:KristeenFrodsham Fanatics Sportsbook] was one, [https://trwfamily.com/index.php?route=journal3/blog/post&journal_blog_post_id=8 finishing] third with $151.7 million in wagers and $17.3 million in profit. BetMGM also eclipsed a 10% win rate with a $11.9 million [https://veedelwiki.de/index.php?title=Benutzer:RogelioSorlie66 revenue] on a $116.6 million handle. Caesars stayed above $100 million in bets during June and hauled in a $12.3 million profit, while ESPN BET topped BetRivers in both categories to finish sixth. Resorts World Bet ceased online operations at the end of June and exited New York's market, generating $229,357 in income on a $2.75 million handle in its final month. Operating since March 2022, the online sportsbook ends its Empire State run with $266 million in bets and $17.8 million in gross [https://didakteka.santurtzieus.com/index.php/Lankide:VidaKuester6 revenue]. Weekly handle, [http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:KathyClinton profits rise] slightly New York's [https://linformaticien.be/backup-sauvegarde/ Gaming Commission] also reported Thursday the Empire State’s nine online sportsbooks generated $354.4 million in wagers during the week ending July 6, including a long Fourth of July weekend. With a heavy MLB slate and the Nathan’s Hot Dog [https://wiki.internzone.net/index.php?title=Benutzer:MarcoHupp70659 Eating Contest] drawing bettors, handle increased 1.3%. However, the summer [https://www.garagesale.es/author/jaquelinebu/ slowdown] took effect, producing the fourth consecutive week with under $400 million bet, the longest such run in 11 months. New York online sports [https://didakteka.santurtzieus.com/index.php/Lankide:KennithMahoney5 betting operators] hauled in $38.1 million in gross revenue, a more impressive 14.4% [https://wikibase.imfd.cl/wiki/User:ClaribelScribner week-over-week] spike, but well below the [http://mail.addgoodsites.com/details.php?id=715417 five-week streak] of over $50 million in profit. The 10.7% hold was up from the previous week’s 9.5% win rate. Sports betting operators in New York combined to post a double-digit hold in six of the last eight weeks.

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New York Sportsbooks Produce Second Straight $200 Million Profit Month, Set New June Hold Record