After weeks of New York sportsbooks dominating the market, bettors finally held operators to a modest 7.9% win rate during the week that ended July 26.
- New York operators’ gross revenue dipped 56.1% last week.
- The latest handle figure also fell below $400 million for the second consecutive week.
- BetMGM was the only operator to produce a double-digit hold figure during the week.
The New York State Gaming Commission reported on Friday that the eight mobile sportsbooks generated $27.9 million in gross revenue from a $354.1 million handle. The latest week ended a two-period stretch of holds reaching 14.2% and 16%, the second-highest win rate ever recorded in the Empire State.
Week-over-week gross revenue declined 56.1%, while the latest week’s receipts were also down nearly $7 million from the same week in 2025. No online operator experienced a week-over-week revenue increase. It was also the first gross revenue under $30 million produced in a week since the Knicks’ NBA title left operators $48.5 million in the red last month.
With the World Cup complete and MLB the primary sport to wager on, handle for online sports betting in New York during the week ending July 26 was the second consecutive under $400 million, which was still up 8% year-over-year.
Tough sledding
FanDuel led all online operators during the week ending July 26 with a $123.1 million handle. The sportsbook used an 8.5% hold to generate $10.5 million in gross revenue.
Aside from that June week when FanDuel won $22.6 million, this latest period is the lowest since late March 2025, when March Madness bettors won big on a lack of upsets.
DraftKings won back 7.4% on a $121.6 million handle. The $9 million in gross revenue was the operator’s worst week in the black since the end of May, and week-over-week income dipped 61%.
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The single-double
BetMGM was the only online sportsbook to generate a double-digit hold, reaching an impressive 11.6% on a $24.3 million handle. That was during a week in which no other operator recorded a win rate of at least 9%.
Fanatics produced the third-best handle of the week at $45.1 million, but the operator won back just 6.3%.
Caesars managed an 8.3% win rate on a $22.4 million handle, while Bally Bet won back 8.8% on just $2.4 million in wagers. BetRivers held onto 6.2% of a $7.6 million handle, while theScore Bet produced the lowest win rate of 3.1% on $7.5 million in wagers.
