Mobile betting companies based in New York reported strong earnings in July
Top Mobile Betting Operators Dominate New York Market
New York's gambling scene is thriving, with the state's top mobile betting operators leading the charge. According to the New York State Gaming Commission, as of August 2025, FanDuel, DraftKings, Caesars, BetMGM, and BetRivers are the leading operators in the state by betting handle and gross gaming revenue (GGR).
FanDuel Takes the Lead
FanDuel, a clear market leader, holds the largest share in the sportsbook GGR at 41%, and leads the iGaming segment with a 27% GGR market share. The company's strong performance and user engagement have solidified its position at the top.
DraftKings and Caesars Follow Close Behind
DraftKings and Caesars are not far behind, offering strong mobile app experiences, high ratings, and competitive promotions. They are among the top operators in New York, according to recent rankings of betting apps.
BetMGM and BetRivers Round Out the Top Five
BetMGM is noted for its broad market presence, excellent parlay and live betting options, and ranks among the top sportsbooks in New York. BetRivers, on the other hand, is best known for its contests and has a strong presence in the state.
Robust Growth in the New York Sports Betting Market
The New York sports betting market has seen robust growth, with the overall national sports betting handle up 15.5% year-over-year as of mid-2025. This growth is driven by increased player activity and better pricing and risk management from operators like FanDuel.
FanDuel's sportsbook revenue growth was supported by increased player frequency and improved revenue margin, despite less favorable sports results compared to the prior year. Promotional spending remained steady at around 4%, supporting consistent user acquisition and retention efforts.
New York: The Nation's Most Lucrative Sports Betting Market
New York represents the nation’s most lucrative sports betting market, with top operators continuing to innovate and expand their mobile offerings, reflected in strong app ratings and growing market shares. In July alone, the total mobile betting handle hit $1.40bn, with a GGR of $155.6m.
Summary of Top Operators in New York
| Operator | Approximate Market Position | Notable Features | App Ratings (iOS/Android) | |-----------|-----------------------------|-----------------------------------------|---------------------------| | FanDuel | #1 in GGR (41%) | Market leader, iGaming leader | 4.8 / 4.7 | | DraftKings| Top 3 | Best for odds boosts, strong app | 4.8 / 4.6 | | Caesars | Top 3 | Best bonuses, rewards program | 4.6 / 4.4 (Bookies.com), 4.7/4.5(Covers)| | BetMGM | Top 4 | Excellent live/parlay betting | 4.8 / 4.3 | | BetRivers | Top 5 | Best for contests | 3.8 / 4.3 |
This ranking and performance picture is current as of August 2025. Notably, FanDuel posted the highest mobile sports betting GGR in July with $61.4m, followed closely by DraftKings with $54.6m. Licensed operators collected $76.2m in net revenue in July, and the proceeds to education were $79.3m.
In conclusion, New York's mobile betting market is thriving, with top operators continuing to innovate and offer competitive services to attract and retain customers. The state's lucrative market is expected to continue growing, making it a key player in the North American sports betting landscape.
FanDuel's strong performance in the sports betting market, demonstrated by its leading position in both sportsbook and iGaming segments, indicates a significant overlap between sports betting, gambling, and finance.
The robust growth in New York's sports betting market, driven by increased player activity and competitive promotions from operators like FanDuel, underscores the connection between sports betting, gambling, and finance, as operators leverage their services to generate revenue.
