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New York’s eight online sportsbooks generated $46.5 million in gross revenue for the week ending Aug. 2, a 66.7% jump from the prior week despite handle staying below $400 million for a third straight reporting period.
According to figures reported by the New York Gaming Commission, statewide online sports betting handle reached $384.8 million, up 8.7% week over week and $45.8 million higher than the comparable period in 2025. The market’s overall hold came in at 8.3%, slightly above the 7.9% posted for the week ending July 26.
That combination of modestly higher betting volume and improved hold helped drive the sharp revenue increase after operators combined for $27.9 million in gross revenue the previous week.
FanDuel and DraftKings drove most of the weekly revenue
FanDuel and DraftKings again led the New York market by both handle and revenue.
FanDuel took $136.9 million in wagers and posted a 13.3% hold, resulting in $18.2 million in gross revenue. DraftKings handled $130.2 million and held 12.4%, good for $16.2 million in gross revenue.
Together, the two operators accounted for more than $267 million of the weekly handle and more than $34 million in revenue.
Fanatics also posted a notable rebound. The operator recorded a 12.6% hold on $43.4 million in handle and nearly doubled its gross revenue from the prior week, rising 96% week over week.
The broader market also showed stronger operator results. Four online sportsbooks finished the week with double-digit win rates, up from just one a week earlier.
Several smaller operators posted strong hold percentages
Outside the top three brands, BetMGM reported an 8.1% win rate on $33.1 million in handle, down from 11.6% the previous week. Caesars posted a 9.9% hold on $24.8 million in wagers.
Among smaller books, BetRivers held 12.8% on $8.3 million in handle, while Bally Bet posted a 9.8% hold on $2.3 million in wagers. theScore Bet trailed the group with a 3.2% hold on $5.7 million in wagers.
The latest results continue a quieter stretch for New York betting volume. The $384.8 million handle marked the state’s third consecutive week below $400 million, even with the week-over-week increase.
The next New York weekly report will show whether revenue remains elevated as the market moves beyond another sub-$400 million handle week.
