New York April sports betting handle reaches $2.2bn; FanDuel leads
New York sports betting figures for April 2025 have been revealed.
Key Points
- New York’s mobile sports betting market recorded $2.2bn in handle for April 2025
- FanDuel and DraftKings led the market, with a large portion of the revenue allocated to state education funding
New York’s mobile sports betting industry recorded high activity levels in April 2025, with wagering and revenue figures reported across all licensed operators. The data, published by the New York State Gaming Commission, details total handle, gross gaming revenue and education-directed tax contributions for that month.
Statewide overview
New York State’s total mobile sports wagering handle for April 2025 reached $2.2bn, generating $192.7m in gross gaming revenue (GGR). After deducting $94.4m in payments to platform providers, the net revenue allocated to education totaled $98.3m. A prior period adjustment of -$7,065 was recorded during the month, the only such adjustment among all operators. These statewide figures reflect the combined performance of all licensed mobile sports betting operators in New York, as reported by the New York State Gaming Commission. Further data for the remainder of the fiscal year will be released in subsequent monthly reports.
Operator performance
Bally Bet’s mobile sports wagering operations in New York for the fiscal year 2024-2025 reported a total handle of $110.5m. This generated a GGR of $7.6m. After platform provider fees and fines, the net revenue allocated to education amounted to $4m.
BetMGM’s mobile sports wagering handle for April 2025 reached $154.1m, with GGR totaling $11.2m. Net revenue after platform provider fees amounted to $5.5m, with $5.7m allocated for education-related taxes. BetMGM is expected to release further details for the remaining months of the fiscal year in subsequent reports.
Caesars reported a mobile sports wagering handle of $153.4m for April 2025, generating $9.7m in GGR. After platform provider fees, the net revenue directed toward education totaled $5m.
DraftKings had a mobile sports wagering handle of $727.4m for April 2025, with GGR amounting to $66.8m. After platform provider fees were deducted, the net revenue allocated to education amounted to $34.1m.
Good to know: The New York State Gaming Commission, established in 2013, oversees all forms of gambling in the state, including mobile sports wagering.
For ESPN, mobile sports wagering handle was $56.1m for April 2025, with GGR amounting to $3.0m. Post platform provider fee deductions, the net revenue allocated to education stood at $1.5m. A prior period adjustment of -$7,065 was noted, likely reflecting an earlier discrepancy or fine.
For April 2025, Fanatics recorded a mobile sports wagering handle of $175.7m, generating $12.5m in GGR. After platform provider fees, the net revenue allocated to education amounted to $6.4m.
Leading all operators in April 2025, FanDuel reported a mobile sports wagering handle of $822.5m. This generated $84.8m in GGR, with $41.5m paid to platform providers. The net revenue directed to education was $43.2m.
A mobile sports wagering handle of $9.9m was reported by Resorts World Bet for April 2025, producing $769,845 in GGR. After platform provider fees of $377,224, the net revenue allocated to education totaled $392,621.
Rush Street Interactive’s mobile sports wagering handle reached $43.2m in April 2025, resulting in GGR of $3.4m. After deducting $1.7m in platform provider fees, the net revenue allocated to education stood at $1.7m.
Future outlook
New York’s sports betting market is expected to continue generating revenue, contributing to the state’s education funding. Future reports will provide further insights into operator performance and the impact of regulatory changes on market dynamics.
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