New York hits record sports betting high in October
New York mobile sportsbooks recorded an all-time high of $2.79 billion in bets during October, as reported by the New York State Gaming Commission.
Revenue reached $258.1 million, marking the third-highest monthly total since the market debuted in January 2022.
The October handle of $2,787,474,078 increased by 5.5% from the previous record of $2.64 billion in October 2025 and up 16.1% from $2.40 billion in September, according to the commission’s monthly mobile sports wagering report. Gross gaming revenue showed an 8.1% rise from $238.7 million a year prior, resulting in a hold of approximately 9.3%, which is an increase from 6.6% in September.
Only November 2025, with revenue of $280.6 million, and December 2025, at $259.7 million, surpassed October’s revenue. New York imposes a tax of 51% on mobile sports wagering revenue, and October’s figures contributed $131.7 million for education, up from $121.8 million in October 2025.
FanDuel led the market with $1.02 billion in handle and $113.9 million in revenue, as per the operators’ monthly reports. DraftKings followed with a handle of $948.7 million and revenue of $81.9 million. Fanatics received $321.4 million in bets, a 56% increase from the previous year, winning $24.0 million.
BetMGM handled $218.2 million and earned $15.6 million, while Caesars took in $175.6 million, winning $13.1 million. Additionally, Rush Street Interactive’s BetRivers managed $50.5 million with winnings of $4.5 million, theScore Bet took $35.9 million and won $3.6 million, and Bally Bet handled $14.5 million, securing $1.5 million in winnings.
In the first seven months of the state’s fiscal year, which commenced in April, mobile sportsbooks have recorded $15.35 billion in bets and won $1.37 billion, yielding $696.5 million for education.