New York’s regulated sports activities betting market delivered $155.9 million in gross income for July 2025, with each cell and business operators combining for an 11.08% maintain. According to Friday’s report from the New York State Gaming Commission, the determine represented a ten.7% improve over July 2024 and marked the state’s first three-month streak of double-digit win charges in its 43 months of cell wagering.
$1.41B in Bets, Double-Digit Win Streak Continues
Bettors wagered $1.41 billion in the course of the month, up 11.1% year-on-year. While July’s deal with was the bottom since August 2024, it nonetheless outperformed the identical month final 12 months, when wagers totaled $1.26 billion. State tax collections from July reached $79.4 million, lifting the 2025 calendar-year whole to almost $736 million—$147.2 million forward of final 12 months’s tempo.
Historically, New York sportsbooks have loved increased win charges in the summer time months, with July holds starting from 9.2% to 11.1% since 2022.
According to InGame, FanDuel continued to steer in income, reporting $61.4 million in July winnings, a 3.5% improve from final 12 months. This milestone pushed the operator’s all-time digital income in New York previous the $3 billion mark. However, its deal with fell to $476.9 million—a 1.2% month-to-month drop—bringing its market share all the way down to 34%, its lowest since launch in January 2022. FanDuel’s July maintain was 12.8%, the very best amongst main operators.
DraftKings ranked first in deal with for the second straight month, accepting $509.4 million in wagers, an 11.5% year-over-year achieve. Revenue reached $52.5 million, producing a ten.3% win charge. DraftKings has now recorded month-to-month handles above $500 million for a full 12 months.
Fanatics, BetMGM, Caesars, and Others Post Gains
Fanatics Sportsbook reported $13.9 million in income from $137.7 million in deal with, marking an 80.8% improve in comparison with final 12 months. Its market share rose to 9.8%, the very best since its November 2023 relaunch.
BetMGM narrowly outpaced Caesars for fourth place in income, producing $10 million from a $98.1 million deal with, in comparison with Caesars’ $9.7 million from $97.9 million. BetMGM’s year-to-date income of $85.4 million displays a 66.4% improve from the identical interval in 2024, whereas Caesars’ $79.8 million is up 6.6%.
ESPN Bet achieved its first double-digit maintain since getting into the market in September 2024, with a ten.4% charge translating to $3.9 million in income from $37.1 million in wagers. BetRivers posted $3.4 million in income with a 9.6% maintain on $35 million deal with, whereas Bally Bet recorded $865,910 from $9.2 million, with greater than 92% of its lifetime deal with generated since its November 2023 relaunch.
Despite the slower summer time schedule—with out the NBA and with just one NFL preseason sport—operators maintained excessive margins. DraftKings CEO Jason Robins famous a ten% improve in Major League Baseball wagering in July, even with the All-Star break producing the slowest betting week in almost a 12 months.
July’s income whole was the primary below $160 million in 2025 and marked a 24.9% drop from June’s $206.5 million, which was the second consecutive month to surpass $200 million. Still, trade analysts level to the summer time months as a robust lead-in to soccer season. College soccer’s first full week begins in late August, with the NFL kicking off in early September. In 2024, New York recorded 5 consecutive months with handles exceeding $2 billion as soon as the common season started.
