{"id":138,"date":"2026-10-01T13:23:03","date_gmt":"2026-10-01T13:23:03","guid":{"rendered":"https:\/\/powercraft.site\/new-yorks-monthly-betting-handle-dips-below-1bn-for-first-time-due-to-seasonality\/"},"modified":"2026-10-01T13:23:03","modified_gmt":"2026-10-01T13:23:03","slug":"new-yorks-monthly-betting-handle-dips-below-1bn-for-first-time-due-to-seasonality","status":"publish","type":"post","link":"https:\/\/webcrate.site\/index.php\/2026\/10\/01\/new-yorks-monthly-betting-handle-dips-below-1bn-for-first-time-due-to-seasonality\/","title":{"rendered":"New York\u2019s monthly betting handle dips below $1bn for first time due to seasonality"},"content":{"rendered":"<h6><strong>New Yorkers placed a total of $800.8m in online sports wagers during July \u2013 a record monthly low since the regulated sports betting market opened in January.<\/strong><\/h6>\n<p>This represents a drop-off of 23.8% from the $1.05bn wagered in June and cements July as the first month with handle below $1bn, according to data from the New York State Gaming Commission.<\/p>\n<p>                      Meanwhile, gross gaming revenue (GGR) from mobile sports betting climbed marginally by 1.2% from $72.4m in June to $73.3m in July.<\/p>\n<p>However, the reduced handle should not be seen as a sign that punters have lost their appetite for mobile sports betting. The dip in handle is simply due to seasonality, US iGaming experts confirmed to <em>iGaming NEXT<\/em>.<\/p>\n<p>Both spring and summer are traditionally quieter months in the US sports wagering calendar due to a lack of major sporting events as bettors await the start of both college football and the NFL.<\/p>\n<p>Breaking down July performance by operator, Flutter Entertainment-owned FanDuel retained top spot, reporting $39m in revenue from monthly handle of $347.7m.<\/p>\n<p>DraftKings came in second with $15.8m in revenue from $213.5m in handle, while the Caesars Sportsbook followed in third place with $8.7m and a $118.2m handle.<\/p>\n<p>BetMGM generated $6.3m in revenue and processed $73.2m in total wagers during July. Elsewhere, PointsBet posted $1.7m in revenue and a $16.5m handle while Rush Street Interactive was next with $1.2m in revenue of $20.3m in total player wagers.<\/p>\n<p>Wynn Interactive posted $431,990 in revenue and a $6m handle, while Resorts World followed with $262,309 in revenue from $4.7m in wagers.<\/p>\n<p>Bally Bet, which went live in New York in July, recorded revenue of $40,080 and a $640,397 handle.<\/p>\n<p>      <span class=\"btn__text\"><\/span><br \/>\n      <span class=\"btn__icon icon icon--share\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Yorkers placed a total of $800.8m in online sports wagers during July \u2013 a record monthly low since the regulated sports betting market opened in January. This represents a drop-off of 23.8% from the $1.05bn wagered in June and cements July as the first month with handle below $1bn, according to data from the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":54,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[14,38,16,17,51,52,53,54],"class_list":["post-138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-webcrate","tag-betmgm","tag-caesars","tag-draftkings","tag-fanduel","tag-pointsbet","tag-resorts-world","tag-rush-street-interactive","tag-wynn-interactive"],"_links":{"self":[{"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/posts\/138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/comments?post=138"}],"version-history":[{"count":0,"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/posts\/138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/media\/54"}],"wp:attachment":[{"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/media?parent=138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/categories?post=138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webcrate.site\/index.php\/wp-json\/wp\/v2\/tags?post=138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}