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New York sports betting handle tops $2.6bn again, GGR at $280.5m

New Yorkers wagered over $2.6bn in November - handle is marginally down on October's figures despite GGR exceeding the all-time record.

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new york sports betting revenue
Key Points
Sports betting handle was $2.6bn in November
Revenue of $280.5m is a record and 21% up year-over-year
FanDuel's handle was over $1bn for the second time in 2025

Mobile sports betting in the US broke multiple revenue records in November according to the latest report from the New York State Gaming Commission (NYSGC).

As in October, sports handle topped $2.6bn. The exact figure lags slightly behind October, but it is still the second biggest handle of all time in the state.

For the conversion of that handle into GGR however, November comes out well on top, with $280.5m representing the most revenue ever recorded by the NYSGC.

In November 2024 it was a similar story, with revenue hitting a record high for the month and handle coming second only to October.

This year, the shape is the same, but the scale has increased, with that $280.5m representing a 21% uptick year-over-year.

This revenue is automatically split between that which goes back to the specific platform provider and the money that goes towards education.

Record overall revenues meant that the $143,000 to education and $137,000 to operators also reflected highest ever yields.

Regarding the individual licensees, only Bally's, Caesars, Fanatics experienced their highest mobile sports wagering handles of the year, though for the second month in a row, FanDuel's exceeded $1bn on its own.

For the Flutter-owned sportsbook, November did still yield the highest GGR by some margin. At $132m, it was nearly half that of the rest of the licensees put together.

DraftKings were again close to hitting the $1bn mark, but ended up with a handle of $916m.

Thanksgiving falling in November often gives a boost to the sports betting market thanks to increased NFL engagement at this time of year.

Notably, ESPNBet, which announced its termination in November, experienced a month-on-month handle downturn of close to 6.3%.

From next month, that name won't be appearing on revenue reports, though Penn Entertainment, which operated the brand, will feature through its new theScore Bet.

Good to know

After six months with no fines, the NYSGC noted that $55,000 was returned via fines and penalties

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