New York Approaching Historic $2 Billion Monthly Record in Sports Betting
In the bustling world of New York's mobile sports betting, WynnBET finds itself in a competitive landscape, struggling to match the strides made by market leaders. The Empire State's sports betting market is currently experiencing unprecedented growth, with projections indicating that the total state handle could surpass $24 billion and gross revenue potentially reaching $2.5 billion in 2025, if current trends continue [1].
WynnBET, one of the nine approved sportsbook apps in New York, shares the stage with heavyweights like FanDuel, DraftKings, Caesars, and BetMGM [4]. The market is dominated by these large operators, who collectively hold a significant portion of the handle and revenue. For instance, FanDuel alone reported an impressive $803 million handle and $108.9 million revenue in May 2025 [2].
Smaller operators, such as Resorts World Bet, have faced challenges in gaining traction, with under 0.5% market share in handle and minimal revenue, leading to some market exits [2]. WynnBET, despite being part of the top sportsbooks in New York, likely holds a comparatively smaller but meaningful share in the market. The competitive landscape places a heavy emphasis on mobile innovation, promotional offerings, and user experience [1][4].
Regarding WynnBET's specific performance in New York's mobile sports betting market, recent reports do not provide up-to-date figures for the handle, revenue, and win rate as of mid-2025. However, based on the broader market overview and existing competitive context, it can be inferred that WynnBET's win rate (the percentage of handle retained as revenue after payouts) likely falls within the market, albeit on the lower end [1].
The New York State Gaming Commission's reports do not break down wagering on a daily basis, but they have reported a sports wagering handle of over $344.8 million for the week ending Jan. 29, 2022 [3]. Operators such as FanDuel, DraftKings, Caesars Sportsbook, and BetMGM continue to hold down the top spots, with Caesars and BetMGM in third and fourth places, respectively, boasting a combined handle of $67.2 million and revenue of over $6.4 million [5].
Meanwhile, WynnBET's struggles versus the public continue, with a weekly handle of $2.25 million and revenue of $2,957 for the week ending Jan. 29, 2022 [6]. It's worth noting that WynnBET has posted three weekly losses over the last 13 weeks, with a 2.2% hold in that span, claiming less than $700,000 in winnings from a total handle of $31.2 million [7]. The company has failed to post a win rate above the 7% industry standard for 13 weeks running.
In conclusion, WynnBET is an active and licensed sportsbook in New York's rapidly growing mobile sports betting market, although it is not among the market leaders like FanDuel or DraftKings. The overall state market is highly competitive, with a projected handle surpassing $24 billion and gross revenue growing strongly in 2025. Precise figures on WynnBET’s handle, revenue, and win rate in New York are not publicly detailed in recent reports, but it likely holds a modest market share within a market dominated by a few large operators [1][2][4].
WynnBET, though not amongst the leaders like FanDuel or DraftKings in New York's thriving sports-betting market, continues to vie for a share in the rapidly growing industry, with a sports-betting handle and revenue yet to be detailed in current reports. However, given the competitive landscape, it can be inferred that WynnBET's sports-betting wagers are likely part of the smaller, yet significant portion of the market.
