According to data from the New York State Gaming Commission, players wagered more online in October 2025 than in any previous month, surpassing the earlier record of $2.49 billion set in January by 6.02%. Total sportsbook revenue for the month reached $238.7 million, the highest in five months and up 35.4% year-on-year.
FanDuel maintained its dominant position, becoming the first operator to process over $1 billion in bets within a single month and generating $100.6 million in revenue with a 10% hold. DraftKings followed closely with $938 million in wagers and $82.9 million in revenue, while Fanatics, BetMGM, and Caesars completed the leading group of performers.
Among smaller operators, ESPN Bet, Bally Bet, and Resorts World Bet contributed modestly, with ESPN Bet soon expected to rebrand following the end of its partnership with Penn Entertainment.
This record-setting month not only highlights New York’s growing appetite for sports betting but also showcases the resilience and profitability of the regulated U.S. iGaming market. With continued momentum heading into Q4, New York stands firmly as America’s sports betting capital, shaping the next phase of nationwide market growth.
