New York online sports betting revenue sets new record in November
Revenue surpassed the previous high reported by 21.2 per cent.
US.- New York online sports betting revenue reached a record $280.6m in November, surpassing the previous high set in May by 12.7 per cent. The monthly total was up 21.2 per cent year-over-year and 17.6 per cent from October 2025.
According to the New York State Gaming Commission, the sports betting handle totalled $2.61bn, up 15 per cent year-over-year but down 1.1 per cent from October 2025’s record $2.64bn. The sportsbooks combined for a monthly hold of 10.78 per cent.
FanDuel led the market with a revenue record of $131.9m and a $1bn handle. DraftKings posted $89.1m in revenue and a $916.3m handle, and Fanatics $23m from $209.1m, Caesars $14m from $186.2m, BetMGM $13.5m from $171.6m, and Rush Street Interactive (RSI) $4.1m from $49.9m.
In its last month before being rebranded as theScore Bet, Penn Entertainment’s ESPN Bet reported $3.9m in revenue from a $56.5 handle. Bally Bet posted $1.1m from $16.8m.
New York governor signs bill to ban online sweepstakes casinos
New York Governor Kathy Hochul recently signed Senate Bill 5935, a proposal that bans online sweepstakes casinos using dual-currency payment systems. The bill passed through the state Assembly and Senate in June.
It will ban operating, conducting, promoting, or supporting online sweepstakes casinos. It defines an “online sweepstakes game” as any Internet or mobile game that uses a dual-currency system and offers players a chance to win cash prizes while simulating casino-style gameplay, such as slots, table games, poker, bingo, lottery formats, or sports wagering.
