The New York State Gaming Commission recently released the sports betting data for January 2026. The total betting amount was $2.44 billion, a slight decrease of 1.5% from January 2025, but an increase of 2.6% from December last year. In simple terms, it's a bit less than the same period last year, but it has warmed up compared to last month. The total revenue exceeded $250 million, with a year-on-year increase of 1.5%, and the statewide hold rate was 10.24%. Want to understand the monthly trends of the largest sports betting market in the US? PASA's official website continuously tracks key data from various states.
Market Overview: Slight decrease in betting amount, slight increase in revenue
The core data of the New York sports betting market in January is as follows:
Total betting amount: $2.44 billion (Year-on-year -1.5%, Month-on-month +2.6%)
Total revenue: $250.6 million (Year-on-year +1.5%, Month-on-month -3.5%)
Statewide hold rate: 10.24%
Although the betting amount has decreased year-on-year, due to a slight increase in the hold rate, the total revenue slightly exceeded that of January 2025.
Operator Rankings: FanDuel firmly holds the top spot
The performance of the 9 operators in the New York market in January 2026 is as follows (sorted by revenue from high to low):
FanDuel
Betting amount: $875 million
Revenue: $113.7 million
Hold rate: 12.99%
DraftKings
Betting amount: $818 million
Revenue: $79.7 million
Hold rate: 9.74%
Fanatics
Betting amount: $223 million
Revenue: $21.5 million
Hold rate: 9.63%
BetMGM
Betting amount: $242 million
Revenue: $13.4 million
Hold rate: 5.53%
Caesars
Betting amount: $161 million
Revenue: $11.5 million
Hold rate: 7.16%
Rush Street Interactive
Betting amount: $52.2 million
Revenue: $4.8 million
Hold rate: 9.20%
theScore Bet
Betting amount: $54.1 million
Revenue: $4.3 million
Hold rate: 7.95%
BallyBet
Betting amount: $17.3 million
Revenue: $1.7 million
Hold rate: 9.83%
Resorts World Bet
Betting amount: $2.8 million
Revenue: $229,000
Hold rate: 8.33%
Although FanDuel's revenue has dropped from the historical second high of $120 million in December last year, it still leads by a significant margin. BetMGM's betting amount is higher than Fanatics, but its significantly lower hold rate of 5.53% results in a lower revenue ranking.
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This article is from "PASA-Global iGaming Leader" gambling industry news channel: https://t.me/pasa_news
Original deep gambling channel: https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
