New York Sports Betting Revenue Declines in June 2025

Frank Ammirante
Published: Wed Jul 23 2025
Reviewed By Paul Skidmore
NYC Skyline
Key Points
  • June saw a decrease of over $40 million in revenue
  • Fanatics cements itself as the third-most popular operator
  • Resorts World concludes its New York operations

New York sports betting revenue decreased from $248.9 million in May to $206.5 million in June. There was also a decline in sports betting handle, falling from $2.2 billion to $1.6 billion. This downward trend is expected to continue throughout the summer, which is the slowest time of the sports betting calendar.

New York sports betting by month

Looking at New York sports betting results since June 2024 provides insight into the decline this past month.

June was the least active month for sports betting handle in New York since August 2024. However, June 2025 results ($1.65 billion) were better than June 2024 ($1.47 billion). Revenue was the lowest since April 2025, but there was a substantial year-over-year improvement, going from $133.9 million to $206.5 million.

MonthSports Betting HandleSports Betting Revenue
June 2025$1.65 billion$206.5 million
May 2025$2.21 billion$248.9 million
April 2025$2.15 billion$192.7 million
March 2025$2.43 billion$161.8 million
February 2025$1.98 billion$184.8 million
January 2025$2.48 billion$247.0 million
December 2024$2.28 billion$150.4 million
November 2024$2.27 billion$231.6 million
October 2024$2.32 billion$176.3 million
September 2024$2.07 billion$204.7 million
August 2024$1.44 billion$125.0 million
July 2024$1.26 billion$140.3 million
June 2024$1.47 billion$133.9 million

DraftKings and FanDuel remain market leaders

DraftKings and FanDuel remain the top choices for New York sports bettors, combining for over $1 billion in sports betting handle.

Meanwhile, Fanatics has overtaken BetMGM and Caesars as the third-most popular sportsbook, continuing its ascent in the Empire State. According to the New York Gaming Commission, Fanatics sports betting handle has increased from $93.1 million in August 2024 to $151.7 million in June 2025. During this same time period, BetMGM has gone from $100.6 million to $116.6 million, while Caesars has gone from $119.9 million to $108.3 million.

SportsbookSports Betting HandleGross Gaming Revenue
DraftKings$610.0 million$69.8 million
FanDuel$563.7 million$86.3 million
Fanatics$151.7 million$17.3 million
BetMGM$116.6 million$11.9 million
Caesars$108.3 million$12.3 million
ESPN BET$46.1 million$4.1 million
Rush Street Interactive$40.4 million$3.7 million
Bally Bet$9.9 million$0.8 million
Resorts World Bet$2.8 million$0.2 million

Resorts World exits NY sports betting market on a low note

This was the last month of operations for Resorts World Bet within the state, which officially left the market on June 30th due to poor performance. This is the third sportsbook to leave New York in recent years, joining WynnBET (for similar reasons) and PointsBet, who sold operations to Fanatics Betting & Gaming.

It was a slow final month for Resorts World, with sports betting handle declining from $9.1 million to $2.8 million and revenue decreasing from $0.77 million to $0.23 million.

With Resorts World leaving the NY market, bettors now have eight sportsbooks to choose from:

  • FanDuel
  • DraftKings
  • Caesars
  • BetRivers
  • Fanatics
  • Bally Bet
  • ESPN BET
  • BetMGM
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