New York’s sports betting market ended 2025 with one of its biggest months ever. In December, sportsbooks in the state made $259.7 million in gross gaming revenue, the second-highest total on record after November’s $280.6 million.

Revenue was up 72.7% compared to December 2024, showing how quickly the market is growing even after several years. The data was released by the New York State Gaming Commission.

Player Spending Remains Strong

Along with high revenue, New Yorkers continued to place a huge number of bets. The total online handle for December reached $2.38 billion. This was 4.4% higher than the same month last year, but still below November’s $2.61 billion and October’s record $2.64 billion.

With $259.7 million in revenue from $2.38 billion in bets, sportsbooks finished December with an online hold of 10.9%. This means operators kept just under 11 cents from every dollar wagered.

FanDuel Stays on Top

FanDuel stayed the top operator in New York. The Flutter Entertainment-owned company made $120.1 million in revenue in December from $853.6 million in bets. This was its second-highest month and followed two months where its total bets were over $1 billion.

From these figures, FanDuel had a strong hold of 14.07%, meaning it kept a higher share of money from bets than most competitors. This shows the company not only attracts the most players but also earns more from each dollar wagered. Its strong performance highlights its dominance and loyal customer base in the New York market.

DraftKings was close behind, earning $84.1 million from $801.6 million in bets, with a hold of 10.49%. Fanatics stayed in third place, making $18.7 million from $205.5 million in bets for a 9.1% hold.

Mixed Results for the Rest of the Market

Other sports betting operators in New York had smaller results in December. Caesars made $14.7 million from $152.8 million in bets, giving it a 9.62% hold. BetMGM earned $13.2 million from a record $259.1 million in bets, but its hold was lower at 5.09%.

TheScore Bet, formerly ESPN Bet, posted $3.6 million in revenue from $42.6 million in bets, with an 8.45% hold. Bally Bet had a tough month, making just $1.2 million from $13.2 million in bets, a tiny hold of 0.09%. Resorts World Bet ended the month with $229,357 in revenue from $2.8 million, giving it an 8.33% hold.

Overall, December showed that New York remains the largest and most competitive sports betting market in the US, with operators still fighting hard to attract and keep players.