New York Sports Betting Produces Second $600 Million Handle in Four Weeks

Brad Senkiw - Contributor at Covers.com
Brad Senkiw • News Editor 16+ years betting experience
Updated: Oct 12, 2026 , 12:49 PM ET • 4 min read

NFL Week 4 helped generate $619.4 million in wagers during the period ending Oct. 4.

Photo By - Reuters Connect.

New York sports betting got off to a great October start, producing the second $600 million handle in the first four weeks of the 2026 NFL season. 

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Key Takeaways
  • New York sports betting produced its second $600 million handle this NFL season.
  • Week 4 helped generate $619.4 million in wagers during the period ending Oct. 4.
  • FanDuel's streak continued, generating $200 million in handles each week this NFL season.

The National Football League’s Week 4 helped generate $619.4 million in wagers during the period ending Oct. 4, the fourth-largest handle in New York’s gaming history and an 8% week-over-week wagering increase.

Sportsbooks are ahead of last year, when it took until late October to generate a $600 million handle. Wagering during the NFL’s Week 4 increased 12.5% compared to the same period in 2025.  

The New York State Gaming Commission reported on Thursday that eight online operators won back $49.2 million, a 7.9% hold, from that massive handle. Even though New York sportsbooks haven’t been able to produce a double-digit hold since mid-August, Week 4 of the NFL season still led to the largest gross revenue week since football began.

The gross revenue from the week ending Oct. 4 is a slight week-over-week increase and is also the Empire State’s largest since the World Cup ended in July.

FanDuel is streaking

FanDuel has generated $200 million in handles each week this NFL season, with the $228.2 million in amount wagered finishing as the second-highest during that stretch. FanDuel was the lone New York online sports betting operator to produce a hold above 10% as the sportsbook kept $23.6 million, its largest gross revenue haul in 11 weeks. 

DraftKings generated over $200 million in wagers for the third time in the last three weeks, but the sportsbook only won back 6.4%. The operator’s $13.8 million in gross revenue was down from the previous week’s $18.1 million. 

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Modest returns

Fanatics generated $70 million in wagers for the fourth time in 2026, but the online operator’s 7% hold kept gross revenue below $5 million. It’s still the best week Fanatics has had since the end of August. 

Caesars won back just 4.9% on an impressive $44.6 million handle, while BetMGM got to 7% on $38.1 million in wagers. TheScore Bet fell just shy of double digits with a 9.9% hold on a $7.7 million handle. BetRivers finished at 7.8% on a $13.6 million handle, while Bally Bet reached 7.3% on $3.2 million in wagers. 

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Brad Senkiw - Covers
News Editor

Brad has been covering sports betting and iGaming industry news for Covers since 2023. He writes about a wide range of topics, including sportsbook insights, proposed legislation, regulator decision-making, state revenue reports, and online sports betting launches. Brad reported heavily on North Carolina’s legal push for and creation of online sportsbooks, appearing on numerous Tar Heel State radio and TV news shows for his insights.

Before joining Covers, Brad spent over 15 years as a reporter and editor, covering college sports for newspapers and websites while also hosting a radio show for seven years.

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