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

2026-05-01T03:47:45Z

JanieOFlaherty: Created page with " New York’s nine online sports betting operators eclipsed $200 million in gross revenue for the second consecutive month and set a new state win rate record in June. - The 12.5% 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 repor..."

New York’s nine online sports betting operators eclipsed $200 million in gross revenue for the second consecutive month and set a new state win rate record in June. - The 12.5% 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 mobile sportsbooks [https://www.bardjo.ru/top/index.php?a=stats&u=wendikincaid generated] $206.5 million in profit from a $1.65 billion handle. They hauled in $248.9 million in revenue from $2.21 billion in bets during a record-setting May. June’s 12.5% [http://gitea.coderpath.com/huey928930570/the-bet-naija-promo-code-for-2026-is-yohaig/wiki/The-BET-9JA-promotional-code-2026-is-YOHAIG hold beat] out August and September 2022, which were tied at 11.5%, for the highest win rate ever. Online New York sports betting operators enjoyed a whopping 54% year-over-year revenue increase in June, while hold was up from the previous June’s 9.1%. 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% compared 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. Market leaders own June FanDuel and DraftKings combined to generate 75.6% of New York’s June gross 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. Fanatics Sportsbook was one, 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 revenue on a $116.6 million handle. [https://gogs.lukas-stevens.de/jamelhildebran/the-bet9ja-promo-code-2026-is-yohaig/wiki/The+Bet+9JA+promo+code+for+2026+is+YOHAIG 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, [https://suachuamaybienap.com/index.php/User:JanieOFlaherty generating] $229,357 in income on a $2.75 million handle in its final month. [https://wikibase.imfd.cl/wiki/The_BET_9ja_Promo_Code_For_2026_Is_YOHAIG Operating] since March 2022, the [https://thornsin.wiki/wiki/User:TatianaRobles online sportsbook] ends its Empire State run with $266 million in bets and $17.8 million in gross revenue. Weekly handle, profits rise slightly New York's [https://beshortlisted.com/employer/the-bet-9ja-promo-code-for-2026-is-yohaig/ 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 Eating Contest drawing bettors, handle increased 1.3%. However, the summer slowdown took effect, producing the [http://groszek.katowice.pl/forum/profile.php?id=340891 fourth consecutive] week with under $400 million bet, the longest such run in 11 months. New York online sports betting operators hauled in $38.1 million in gross revenue, a more impressive 14.4% week-over-week spike, but well below the [https://loxan.eu/index.php?route=journal3/blog/post&journal_blog_post_id=7 five-week streak] of over $50 million in profit. The 10.7% hold was up from the previous week’s 9.5% win rate. [https://granadapedia.wikanda.es/wiki/Usuario:FayBosanquet Sports betting] operators in New York combined to post a double-digit hold in six of the last eight weeks.

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2026-05-01T03:47:33Z

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

User:JanieOFlaherty