The New York State Gaming Commission reported $207.2 million in sports betting revenue for June on Friday, signaling what looks to be a second consecutive month of operators routing the betting public.
The state’s nine mobile sportsbooks and four commercial retail ones combined for a 12.5% hold on $1.65 billion handle. That is the highest win rate of the mobile era that began in January 2022, bettering the previous high of 11.5% in August 2022 against $877.4 million worth of wagers. The house also posted an 11.3% hold in May, contributing to a state-record haul of $249.3 million.
Revenue was up 54.4% compared to last year while handle ticked 11.9% higher. It was the seventh time Empire State sportsbooks surpassed $200 million in monthly revenue, all occurring in the last 18 months. June’s revenue figure ranks fifth in state history and sixth nationally in the post-PASPA era.
The state collected $105.4 million in tax receipts for June and totaled $330.7 million for the first quarter of fiscal year 2026. That was an increase of $64.8 million compared to April through June of last year.
All nine legal jurisdictions that have published commercial sports betting handle and revenue figures for June have recorded holds of 11.4% or higher. That comes on the heels of a strong May for sportsbooks, which have an 11.4% win rate on gross revenue with Illinois and Arizona yet to report.
Twenty-four of the 30 states posted double-digit holds in May, with $1.19 billion in gross revenue reported against $10.39 billion handle.
Baseball provides boom to books
For the second straight month, New York sportsbooks were able to lean into a struggling local sports franchise to build revenue. The New York Yankees and New York Mets had sub-.500 records in June, and both also had lengthy losing streaks start June 13.
The Yankees dropped six straight, while the Mets endured a seven-game slide. Sportsbooks made out with $109.7 million in revenue the weeks ending June 15 and June 22 during those skids and attained 13.9% holds both weeks. Overall, the Yankees were 13-14 for the month and the Mets went 12-15.
| Month | Handle | Revenue | Hold | Tax Revenue |
| May 2025 | $2,215,450,269 | $249,312,914 | 11.25% | $126,988,130 |
| January 2025 | $2,487,676,801 | $248,001,821 | 9.97% | $149,118,074 |
| November 2024 | $2,273,599,387 | $232,209,892 | 10.21% | $118,164,737 |
| January 2024 | $1,965,468,151 | $211,706,706 | 10.77% | $107,900,198 |
| JUNE 2025 | $1,653,307,479 | $207,187,605 | 12.53% | $105,388,329 |
| September 2024 | $2,079,869,073 | $206,067,210 | 9.91% | $104,538,205 |
| May 2024 | $1,978,317,034 | $203,760,343 | 10.30% | $103,748,517 |
That helped FanDuel record its highest monthly hold in New York at 15.3% while accepting $563.7 million worth of wagers. Its hold was up nearly 3.6 percentage points from June 2024, and the $86.3 million in revenue represented a 28.7% year-over-year increase. FanDuel also surpassed $1.5 billion in tax payments to New York — a figure that represents more than one-sixth of the $8.9 billion in sports betting state tax revenue accumulated post-PASPA.
DraftKings had its second-best monthly win rate at 11.5%, trailing only the 12.1% reached in July 2023. It had a 16.9% bump in handle to $610 million, contributing to a 70.8% spike in revenue to $69.8 million.
Fanatics continued its push to lock down the No. 3 spot for handle and revenue as it topped $17 million in winnings for the second straight month. It fashioned an 11.4% hold against $151.7 million handle, and the 9.2% market share of mobile action was its highest since entering New York last year.
Caesars also had its No. 2 overall hold at 11.4% from $108.3 million handle — its first double-digit win rate since September 2022 and third all-time in New York. The $12.3 million in revenue marked a 43.2% rise in winnings from last year.
BetMGM notched a 10.2% hold, its first above 10% since July 2023 ,in keeping $11.9 million of the $116.6 million in accepted wagers. BetMGM has reached eight figures in revenue every month in 2025 and topped $350 million in all-time winnings in the Empire State.
Fare thee well, Resorts World: We hardly bet ye
June marked the final month of operations for Resorts World, which announced it was departing the mobile space June 10. It technically joined WynnBET as the only operators to leave New York, with Fanatics in some respects a rebranding of PointsBet after it acquired the Australian-based sportsbook’s North America operations.
Resorts World surpassed $10 million in monthly handle only in March 2025 ($10.5 million) and December 2023 ($10.4 million). It never surpassed $900,000 in monthly revenue, peaking at $894,039 in October 2023. Its $264.7 million total handle since launch represented less than 0.4% of the $70.8 billion worth of mobile bets placed, and its $17.7 million revenue was less than 0.3%. Resorts World finished with a 6.9% overall hold and generated $9.1 million in state tax revenue.
