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    Home » New York’s Casino GGR Drops in June as Online Betting Maintains Strength

    New York’s Casino GGR Drops in June as Online Betting Maintains Strength

    This marked the third-lowest monthly GGR figure of the year, with only January and February reporting weaker numbers.
    David RandallJuly 15, 2025 Casinos
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    New York’s casino sector saw gross gaming revenue (GGR) decline to $55.1 million in June 2025, a 2.2% year-on-year dip, according to data released by the New York State Gaming Commission (NYSGC).

    This marked the third-lowest monthly GGR figure of the year, with only January and February reporting weaker numbers.

    Slot machine activity remained largely consistent compared to June 2024.

    Total slot credits reached $526.7 million, generating $41.8 million in GGR — a slight increase of $700,000.

    However, table games experienced a sharp drop.

    Revenue from table games declined 16.8% to $11.8 million on $69.4 million in wagers, reflecting a 9.1% fall in betting volume.

    Poker tables contributed an additional $862,000 in GGR.

    Retail sports betting generated $677,400 from a $3.8 million handle.

    In total, retail casino operations delivered $13.9 million in gaming taxes to the state and produced $41.3 million in net revenue for the month — down 3% from the previous year.

    Online Sports Betting Sees Mixed Trends

    Online sportsbooks in New York recorded a $1.6 billion handle in June, the lowest since August 2024.

    Yet, this figure still represented a 12% increase from the previous year.

    Online GGR reached $206.5 million — up 54.2% year-on-year — pointing to stronger operator margins despite a seasonal slowdown.

    FanDuel led the market with $86.3 million in GGR from a $563.7 million handle.

    DraftKings, while posting the highest handle at $607 million, generated a lower GGR of $69.8 million.

    Fanatics Betting and Gaming followed with $17.3 million in GGR on $151.7 million in bets, while Caesars came in with $13.8 million GGR on a $152.3 million handle.

    Platform providers earned $101.2 million during the month, with $105.3 million directed to the state’s education fund.

    June Follows Record-Breaking May

    June’s performance followed a record-setting May, during which the state saw $248.9 million in online GGR — the highest since mobile betting was legalized in 2022.

    That month’s total handle reached $2.21 billion.

    The contrast between May and June reflects typical seasonal trends, as wagering volumes usually decline during the summer months.

    Land-based casinos also experienced weaker performance in June, following May’s $176.4 million in combined casino revenue, when most properties had reported year-on-year growth.

    Industry Developments and Legislative Outlook

    FanDuel marked a significant milestone in June by opening its new office in New York City’s Flatiron District, underscoring its long-standing presence in the state.

    Legislators are currently reviewing proposals that could impact the sector’s future, including a ban on sweepstakes casinos and final approvals for a new land-based resort.

    With operators expecting a continued summer slowdown, the industry is watching closely to see if online sportsbooks can sustain their profit margins heading into the third quarter.

    Future performance may hinge on regulatory updates, including possible changes to deposit limits and casino expansion approvals.

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