New York Mobile Sports Betting Handle Rises to $2.15 Billion in April, Revenue Also Increases

New York's mobile sports betting market saw a significant increase in wagering handle and operator revenue during April 2025 compared to the previous year.
iGaming Times
New York’s mobile sports betting market saw a significant increase in wagering handle and operator revenue during April 2025 compared to the previous year. According to official figures released by the New York State Gaming Commission, the market continues to demonstrate solid performance, although handle saw a dip from the previous month’s total.
Players across New York wagered a total of $2.15 billion on sports through online and mobile platforms in April. This figure represents a 9.1% rise compared to the $1.97 billion wagered in April of 2024. However, the monthly total fell by 12.2% compared to the record $2.45 billion bet in March of this year.
Operator revenue also saw positive movement in April, reaching $192.7 million. This amount was up by 4.7% year-on-year from April 2024 revenue. Notably, the April revenue total was also 18.9% ahead of March 2025 revenue, a strong performance considering the lower wagering handle compared to the previous month.
The statewide hold for April stood at 8.95%. Tax payments collected by the state from mobile sports betting during the month topped $98.3 million.
Operator Performance in April
Based on the figures from the New York State Gaming Commission, FanDuel regained the top spot in the market for April revenue, after having placed second behind DraftKings in March. The Flutter Entertainment-owned brand posted $84.8 million in revenue from an $822.5 million handle, resulting in a 10.31% hold for the month.
DraftKings secured the second position, reporting $66.8 million in revenue from a $727.3 million handle, with a hold of 9.18%. Fanatics completed the top three operators, generating $12.5 million in revenue from $175.7 million in bets, resulting in a 7.11% hold.
Elsewhere in the market, BetMGM took $11.2 million in revenue from $154.1 million in handle, posting a monthly hold of 7.27%. Caesars reported $9.7 million in revenue from $153.4 million wagered, resulting in a 6.32% hold. Rush Street Interactive posted $3.4 million in revenue after taking $43.2 million in bets, meaning a 7.87% hold for the month. ESPN Bet was the only other operator to report revenue exceeding $1 million in April, generating $3 million from a $56 million handle, resulting in a 5.36% hold.
Rounding out the New York mobile sports betting market, Resorts World Bet reported $769,845 in revenue from a $9.9 million handle, leaving a 7.81% hold. Bally Bet completed the market performance figures with $489,091 in revenue from $11.1 million wagered, posting a hold of 4.39%.
Overall, New York’s mobile sports betting market demonstrated continued year-on-year growth in April 2025 for both the total wagering handle and operator revenue. Revenue, in particular, saw a strong increase compared to the previous month despite a dip in overall betting volume. The competitive landscape saw FanDuel reclaim the leading position in terms of revenue generated during the month. The figures underscore the significant economic activity and tax contributions generated by the regulated mobile sports betting market in the state.
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