New York sports betting is certainly feeling the effects of the 2026 FIFA World Cup.
Key Takeaways
- Driven by the World Cup, New York’s online sportsbooks surpassed $500 million in wagers for the third consecutive week.
- Operators made 22% more revenue than in the previous week.
- FanDuel and DraftKings both produced high holds on big handles.
The Empire State’s eight online operators generated a $512.5-million handle during the week ending June 28, a 46.6% increase from the same period in 2025, according to the New York State Gaming Commission’s report. The week was fueled by 33 group-stage matches, including USA-Turkiye, and one round-of-32 game between Canada and South Africa.
The latest reported week did experience a 7% week-over-week dip in dollars wagered, but it’s still the third consecutive week that online wagering has eclipsed $500 million in the most lucrative sports betting state in the U.S. Last summer, only one June week produced a $400-million handle.
Multiple sportsbooks have reported record-setting soccer wagering involving U.S. matches, and for the most part, the public has done well. That was not the case in the latest reported week.
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Major profits
With the help of the highly bet U.S. team losing 3-2 to Turkiye on June 25 and the squad’s two most popular goalscorers failing to find the net, New York sports betting operators produced a 12.1% hold that led to $61.8 million in gross revenue, the single most-profitable week in New York in nearly two months.
Profits were up 22% compared to the previous week. Operators have hauled in more than $112 million over the last two weeks, making up for the $48.5-million loss they suffered the week the New York Knicks clinched the NBA title.
FanDuel, DraftKings shine
DraftKings was a major beneficiary of the big-wagering week, generating a state-best $187.3 million. The online operator’s 11.1% win rate produced $20.8 million in gross revenue, a $5 million improvement from the previous week and the most profitable period since the week ending May 10.
FanDuel had an even bigger revenue week, thanks to a whopping 14.4% hold that produced $25.7 million in profits on a $178.4-million handle. FanDuel’s revenue was up $1 million from the previous week, despite generating nearly $20 million less in wagers.
BetMGM, Caesars reach double digits
BetMGM turned in the second-best win rate for the week ending June 28 in New York, reaching 13.3% on a $34.3-million handle. Caesars won back 11.1% on $29.6 million in wagers, while BetRivers was the last operator to get to 10%.
Fanatics nearly generated $60 million in bets, the third-highest, and finished the week with an 8.8% hold, while both theScore Bet and Bally recorded win rates of at least 9.5%.
