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New York online sports betting revenue plummets in May

Monday, June 8, 2026 3:22 PM
Photo: Shutterstock
  • David McKee, COMPLETE iGAMING

Winnings for New York State’s online sports books plunged 18% in May, as hold slipped to 9.6%. Books won $204.2 million on handle of $2.1 billion, down 8% from 2025.

FanDuel led in handle and win. It realized revenue of $88.7 million off handle of $767.8 million, holding at an 11.6% clip, also a state-leading figure.

DraftKings was close behind at $706.5 million in handle, with win of $66.5 million. It held at 9.4%. BetMGM realized $13.4 million in win, holding at 8.1%. Its handle share was $166.2 million. Next was Caesars Sportsbook with $9.8 million in revenue. Holding at 6.9%, its handle share was $142.4 million.

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