New York Online Sports Betting April Revenue Hits $2.15B

New York’s online sportsbooks reached a new milestone in April 2025, generating $2.15 billion in revenue. Moreover, monthly betting handle rose 9.6% for April, but dipped 11.8% from March’s near-record handle.

According to the New York State Gaming Commission, the surge in betting volume reflects strong interest in NBA and MLB events. Online sportsbooks benefited from a packed sports calendar and increased promotional activity.

FanDuel led the market with over $822.5M in handle and 84.8M in GGR. Meanwhile, DraftKings finished second with $727.3M handle and $66.8M in GGR. In third place, Caesars Sportsbook posted $15.1M from a $189.6M handle. BetMGM recorded $11.6M in revenue from $160.4M in wagers.

Industry analysts attribute the growth to several key factors. First, mobile accessibility has made online sportsbooks more convenient for casual and serious bettors. Second, aggressive marketing campaigns by major operators helped attract new users.

In addition, the NBA playoffs and early MLB season generated significant betting interest. Sports fans placed millions of wagers on games, prop bets, and live betting options.

April’s record comes after a steady rise in monthly revenue throughout early 2025. In March, New York online sportsbooks reported $2.44B in handle, already a notable figure at the time.

New York Online Sports Betting Looking Up

State officials are optimistic about the continued growth of the market. Tax revenue from online sports betting contributes to education and youth sports programs. April alone produced an estimated $107 million in tax revenue for New York.

April’s results came after a broader fiscal report from the Gaming Commission highlighted strong annual performance. In 2024, total mobile sports wagering revenue in New York hit $2.14 billion, showing consistent market growth.

During the same period, mobile sports betting contributed over $1.1 billion to the state’s education fund, boosting public programs.

Looking ahead, experts predict continued growth as more states consider similar models. New York’s success could influence national trends in online gambling regulation.

As the sports calendar moves into summer, online sportsbooks are preparing for continued high demand. With new features and betting options launching, April’s record may soon be surpassed.