Resorts World New York City has projected that it will contribute around $2.5 billion to the Metropolitan Transportation Authority over the next four years.
The amount would...
New York sports betting market records September growth over August
New York’s mobile sports betting market continued its run in September, once again surpassing the $2 billion mark in total wagers.
This is now the sixth time in 2025 that the Empire State broke the $2 billion barrier. According to the latest figures, bettors in New York placed a combined $2.29 billion in wagers throughout the month, an 11.9% increase compared to August’s $2.04 billion.
The momentum wasn’t only month-to-month: in comparison to the same period last year, the state’s handle rose by 10.4% from $2.07 billion in September 2024.
In September, New York’s mobile sports betting operators generated a combined $193.8 million in revenue, recording an 8.7% increase from August’s $178.2 million. However, when compared to September 2024’s $204.7 million, revenue went down by 5.4%.
Looking at the revenues of operators, DraftKings took the lead in handle, taking in $870.6 million in bets, head of FanDuel’s $790.4 million. Despite that, FanDuel outperformed DraftKings with $77.6 million in earnings for the month, surpassing the latter’s $66.7 million.
New York’s race for new commercial casino licenses has taken a turn after MGM Yonkers, a subsidiary of MGM Resorts, withdrew its application.
The exit narrows the field to...
