Online sports betting revenue in New York reached an all-time high of $280.6 million during November, while the Empire State also fell just short of a record monthly handle.
Gross gaming revenue for November surpassed the previous record of $248.9 million, set in May this year, by 12.7%. The monthly total was also 21.2% higher than November 2024 and 17.6% above October 2025.
In terms of player spending, the amount bet online in New York reached $2.61 billion. This was 15% ahead of November 2024 but 1.1% short of October’s $2.64 billion record total.
Based on data from the New York State Gaming Commission, the state’s sportsbooks combined for a monthly hold of 10.78%.
FanDuel sets New York revenue record
Looking at operators, FanDuel remained the market leader after setting a record of its own. The $131.9 million posted in revenue is not only its highest monthly amount in New York, but also the most posted by a single operator in a month.
The record haul, coupled with a $1 billion handle, resulted in a hold of 13.19% for FanDuel.
DraftKings followed with $89.1 million in revenue, an all-time high for the operator in New York. With a $916.3 million handle, this left a 9.72% hold. Fanatics took third with $23 million from $209.1 million for an 11% hold.
Elsewhere, Caesars posted $14 million off a $186.2 million handle for a 7.52% hold. Next was BetMGM with $13.5 million from $171.6 million, leaving a 7.87% hold, while Rush Street Interactive reported revenue of $4.1 million from $49.9 million for an 8.22% hold.
Penn Entertainment’s ESPN Bet, in its last month before being rebranded as theScore Bet, had a hold of 6.9% after generating $3.9 million in revenue from $56.5 million in wagers. Bally Bet followed with $1.1 million off a handle of $16.8 million, meaning a hold of 6.55%.
Resorts World Bet rounded off the market with $229,357 off $2.8 million for an 8.33% hold.
New York surpassed its prior sports betting revenue record by 12.7%.