According to the New York State Gaming Commission, July’s online sports betting handle reached $1.4 billion, the lowest monthly total since July 2024. This figure was 15.2% down from June’s $1.65 billion, although it still reflected year-on-year growth of 10.6% in revenue. Gross gaming revenue for July came in at $155.8 million, with a monthly hold of 11.1%.
FanDuel led in revenue with $61.4 million from a $476.9 million handle, while DraftKings topped the handle charts with $509.4 million but earned $52.5 million in revenue. Fanatics, BetMGM, and Caesars rounded out the top five, while ESPN Bet and Rush Street Interactive maintained strong mid-tier positions.
The results show a seasonal slowdown combined with ongoing operator competition an important market shift for analysts and stakeholders to monitor.
