Sports betting revenue in New York surged again in December, delivering the state’s second-highest monthly total on record and reinforcing the market’s position as the largest in the United States.
Gross gaming revenue from online sports wagering reached $259.7 million for the month, representing a sharp 72.7% increase compared with December last year.
The figure was surpassed only by November’s all-time high of $280.6 million, which remains the state’s strongest monthly performance to date.
Player Spending Shows Year-on-Year Growth
Total online betting handle for December came in at $2.38 billion, reflecting a 4.4% increase compared with the same month in 2024.
However, spending eased from November’s $2.61 billion total and remained below October’s record handle of $2.64 billion.
Based on the revenue and handle figures, sportsbooks across New York posted a combined online hold of 10.9% for the month.
The data was published by the New York State Gaming Commission as part of its regular monthly reporting.
FanDuel Maintains Clear Market Lead
FanDuel once again dominated the New York market, extending its lead over rivals during the busy December betting period.
The Flutter Entertainment-owned operator generated $120.1 million in revenue from $853.6 million in bets, marking its second-highest monthly revenue total in the state.
FanDuel’s hold stood at a robust 14.07%, following two consecutive months in which its betting handle exceeded $1 billion.
DraftKings remained the closest challenger, reporting $84.1 million in revenue from $801.6 million wagered, resulting in a 10.49% hold.
Mid-Tier Operators Jostle for Position
Fanatics continued to hold third place, posting $18.7 million in revenue from $205.5 million in bets and a 9.1% hold.
Caesars followed with $14.7 million in revenue off a $152.8 million handle, translating to a hold of 9.62%.
BetMGM was close behind, generating $13.2 million in revenue from a record $259.1 million handle, though its hold was lower at 5.09%.
TheScore Bet reported $3.6 million in revenue from $42.6 million wagered, while Bally Bet posted $1.2 million from $13.2 million in bets.
Resorts World Bet rounded out the market with $229,357 in revenue from a $2.8 million handle.
