News

New York’s mobile sports betting handle falls 15.3% to $1.73bn for August

FanDuel led all mobile operators in New York with nearly $64m of revenue during August, equating to a decrease of 4.4%, while DraftKings finished second with $56.3m and fell 9.7%.

· 2 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
NY Betting August 2026
Key Points
Overall, mobile sports betting revenue in New York reached $168.5m during August, representing a decrease of 5.5%
Fanatics Sportsbook managed to produce $18.8m of GGR for August, increasing 16.9% year-over-year
BetMGM and Caesars reported August GGRs of $12.6m and $10.2m, respectively, equating to decreases of 8.7% and 4.5%

The New York State Gaming Commission (NYSGC) has reported the state’s mobile sports wagering activity for August 2026, as operators produced $168.5m of gross gaming revenue (GGR), representing a decrease of 5.5%. 

During the monthly period, New York’s online sports betting handle also decreased year-over-year, falling 15.3% to $1.73bn. 

August continued a downward trend for online sports betting in New York, as the monthly total equates to the lowest figure recorded since July 2025 and follows the first sub-$2bn handle of  2026 during June. 

FanDuel led all mobile operators currently licensed in New York with nearly $64m of revenue for August – equating to a decrease of 4.4% – while DraftKings finished second with $56.3m and fell 9.7%.

Unlike the two sports betting goliaths, Fanatics Sportsbook managed to increase its New York GGR during August, rising 16.9% to $18.8m. BetMGM and Caesars reported August GGRs of $12.6m and $10.2m, respectively, representing decreases of 8.7% and 4.5%

New York Online Sports Betting Handle History

How did the state fall back to sub-$2bn handles?

Rush Street Interactive (RSI) accounted for nearly $3.7m of New York’s total online sports betting revenue for August and decreased 7.4%. August GGR reported by theScore Bet followed RSI, which totaled $2m and fell 45.5%. 

Bringing up the rear was Bally Bet, which recorded just $984,687 of online sports betting GGR for August but actually managed to increase by 17.3% year-over-year. 

Regarding additional online verticals in New York, VGW reached an $8m settlement with the Attorney General's office over its former sweepstakes casino operations in the state on September 10, bringing the regulator's investigation to an official close. 

The investigation concerned VGW's Chumba Casino, Global Poker and Luckyland Slots platforms, which allowed players to use virtual Sweeps Coins that could ultimately be redeemed for cash or prizes.

New York authorities maintained that the model constituted unlawful online gambling because players were risking something of value.

Good to know

NBA star LeBron James partnered with Polymarket for the latest professional athlete-prediction market collaboration on September 8, helping to promote the operator’s headquarters in New York

Reaction Board

News Analysis

View All
Jack Analysis Brazil 2

What's next for Brazil? The legal view on Lula's betting ban

Lula has won another term. Brazil’s betting ban still has to survive Congress and the courts. For operators, the fight now centers on whether prohibition becomes permanent – and what, if anything, can be salvaged…

4 min read • • By Jack Found
neil-lula

Neil Montgomery evaluates Brazil's election and the market's "unpredictable" future

Brazilian legal expert, Global Gaming Insider contributor and Montgomery Founding Partner Neil Montgomery explores the outlook for Brazilian gaming in the wake of Lula's re-election...

7 min read • • By Will Underwood
lula-react

Lula's re-election spells bleak betting outlook for Brazil...

Today is a big day for Brazil. But Lula's re-election as the nation's President is bad news for the industry... which has just under a month to launch a full-scale opposition to the online betting ban before congressional deliberation.

4 min read • • By Will Underwood

In The News

View All