New York Mobile Sports Betting Handles $2.15 Billion in April, Revenue Sees Growth

In April 2025, New York’s mobile sports betting market reached new heights with a handle of $2.15 billion, marking a 9.1% year-on-year increase. While the state sured the $1.97 billion wagered in April 2024, it did fall short of March’s total of $2.45 billion by 12.2%.

Despite this decline, the figures still represent a significant jump, highlighting the growing interest in mobile sports betting within the state.

New York’s Mobile Sports Betting Sees $2.15 Billion in April

The increased betting activity in New York also led to an uptick in revenue, which climbed to $192.7 million, a 4.7% rise compared to April of last year. More impressively, the revenue was 18.9% higher than in March, despite the lower handle. This shows a robust growth trajectory for New York’s mobile sports betting industry, with a statewide hold of 8.95% for the month.

Tax contributions from the sector also saw a substantial rise, with New York’s state tax payments totaling $98.3 million in April, reflecting the industry’s continued expansion.

FanDuel Retakes Lead in New York Sports Betting Market

As for the sports betting operators, FanDuel regained the top position in New York after briefly being overtaken by FanDuel posted $84.8 million in revenue from a $822.5 million handle, achieving a 10.31% hold.

DraftKings, which had led in March, came in second with $66.8 million in revenue from $727.3 million in bets, securing a 9.18% hold. Fanatics rounded out the top three with $12.5 million from $175.7 million, yielding a 7.11% hold.

Other operators in the New York market also posted positive results, including BetMGM, which made $11.2 million off $154.1 million in bets, and Caesars, which took $9.7 million from $153.4 million, leaving both with 7.27% and 6.32% holds, respectively.

Despite the strong performances from these brands, ESPN Bet was the only other operator to exceed $1 million in revenue. It generated $3 million off a $56 million handle, giving it a 5.36% hold. At the lower end of the spectrum, Resorts World Bet and Bally Bet posted more modest results, with $769,845 from $9.9 million and $489,091 from $11.1 million, respectively.

New York Casinos See Slight Revenue Decline in April

While mobile sports betting enjoyed a strong month, the performance of New York’s four commercial casinos in April showed a 2.1% decline in gross gaming revenue (GGR) year-over-year. Total GGR dropped from $58 million in April 2024 to $56.8 million in April 2025.

The slot and electronic table games segment, however, saw a 5% increase in GGR, rising from $40 million to $42.2 million. This increase helped offset a significant downturn in table game GGR, which fell by 18.3%, from $16.8 million in April 2024 to $13.7 million this year.

Poker games also experienced a decline in GGR, with revenue dropping from $959,047 in April 2024 to $878,609 in April 2025, a 8.3% decrease.

Among the casinos, Rivers Casino & Resort Schenectady led the way with $18.3 million in GGR, marking a 5.3% increase over the previous year’s $17.4 million. Del Lago Resort and Casino saw a slight increase of 0.9%, reaching $13.9 million, while Tioga Downs Casino reported a 6.2% rise, hitting $9.8 million.

However, Resorts World Catskills was the only casino to report a decline, with its GGR falling from $17.4 million in April 2024 to $14.5 million in April 2025, representing a 16.6% drop year-over-year.

Source:

“New York mobile sports betting handle rises to $2.15 billion in April”, igamingbusiness.com, May 12, 2025.