Key points:
- New York’s April 2025 online sports betting revenue reached $192.7m, up 4.8% year-on-year
- Monthly betting handle rose 9.6% to $2.15bn; down 11.8% from March’s near-record handle
- FanDuel led the market with $822.5m handle and $84.8m in GGR; DraftKings second with $727.3m handle
Online sports betting revenue in New York reached $192.7m in April 2025, marking a 4.8% increase year-on-year, according to data from the New York State Gaming Commission. The state’s betting handle rose 9.6% to $2.15bn, up from $1.96bn in April 2024.
The revenue figure also represents a 19.1% month-on-month increase from March’s total of $161.8m, despite a dip in handle from the previous month’s $2.44bn, which had approached record levels.
FanDuel retained its position as market leader in April, reporting a handle of $822.5m and generating $84.8m in gross gaming revenue (GGR). Rival operator DraftKings followed with $727.3m in handle and $66.8m in GGR, according to operator-level data reviewed from the monthly wagering report.
Caesars Sportsbook placed third in terms of GGR, posting $15.1m from a $189.6m handle. BetMGM recorded $11.6m in revenue from $160.4m in wagers. Newer entrants such as Fanatics and ESPN BET contributed more modest volumes but continue to gain ground within New York’s crowded market.
April’s results follow the release of a broader fiscal report from the Gaming Commission, which noted that total mobile sports wagering revenue in the state reached $2.14bn for the 2024 calendar year. The state’s education fund received over $1.1bn in contributions from mobile sports betting during the same period.
Good to know: April also marked renewed scrutiny from lawmakers, as a bill proposed by Assemblymember Robert Carroll introduced potential restrictions on daily deposit and betting limits
The bill suggests capping deposits at $5,000 per day, banning credit card use and limiting advertising that includes terms such as “bonus” or “no sweat” bets. It remains under consideration by the Assembly Committee on Racing and Wagering.
Since the launch of mobile sports betting in New York in January 2022, the state has generated more than $6.5bn in cumulative GGR and nearly $3.2bn in net revenue directed to education, including allocations for youth sports and responsible gambling programmes.
