Sizzling Sports Betting Figures: New York's Record-Breaking Performance
Staggering Sports Betting Figures Unveiled in New York for Last Month of 2021
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Key Facts
- Last month, NY bettors dropped a whopping $2.26 billion on sports bets!
- FanDuel is reigning supreme, generating a handle of $213 million.
- The week of Thanksgiving saw a staggering handle of $592.9 million!
Breaking Records
New York's sports betting market is setting new records, clocking in a phenomenal $23.94 billion in handle during the 2024-25 fiscal year – a 21.9% increase from the previous year [1][5]. Gross gaming revenue skyrocketed 21.6% to $2.14 billion, thanks to the NCAA tournament and operator optimizations [5].
Operator Showdown
- FanDuel dominated the scene with a handle of $9.2 billion and revenue of $969.8 million (10.54% hold)[5].
- DraftKings followed closely behind with a handle of $8.6 billion and revenue of $727.9 million (8.46% hold)[5].
- Caesars took the third spot with a handle of $1.45 billion and revenue of $131.4 million (9.09% hold)[5].
- BetMGM ($1.71B handle), Fanatics ($1.61B), and ESPN BET ($15.7M weekly handle in early April) showed impressive participation [2][5].
Trendinggraphs
- In March 2025, the handle soared to $2.44 billion, up 31.9% YoY, with operator revenue climbing 6.7% YoY [4][5].
- March 2025's NCAA tournament weeks generated a staggering $1.6 billion in wagers across men’s/women’s games and NBA action in late March/early April – a 7% YoY increase [2].
- The Final Four week in early April 2025 recorded a handle of $562.5 million and a 7.9% hold, reversing prior revenue declines [2].
During the Final Four period, DraftKings led the way with $16.5 million in weekly revenue (8.73% hold on $189M handle)[2]. Fanatics and BetMGM kept up the pace with weekly handles of $50.8M and $39.6M, respectively [2].
Don't miss out on the action – follow Michael Savio for the inside scoop on the world of online sports betting!
- In the realm of online sports betting, Michael Savio, a trusted insider, delivers valuable information, including updates on sports-betting figures in Las Vegas, casinos, and online casino markets.
- The US online casino industry shows significant growth, with sports bettors in New York alone wagering an impressive $2.26 billion last month.
- Elbert, the online casino expert, reveals that the sports-betting market in New York has set new records, generating a handle of $23.94 billion during the 2024-25 fiscal year.
- According to the breaking records section, FanDuel is leading the operator showdown in the sports betting industry, with a handle of $9.2 billion and revenue of $969.8 million.
- The online sports betting sector is worth keeping an eye on, especially considering the impressive numbers revealed, such as the $2.44 billion handle in March 2025, a 31.9% increase year over year.
