New York Weekly Mobile Sports Betting Handle Hits Record $692M

The New York State Gaming Commission reported a record $692.3 million in mobile sports betting handle for the week ending Nov. 8, furthering an unprecedented run of action in the Empire State.

The weekly handle bested the previous high of $661.6 million established the week ending Nov. 2, 2025. It is the first time weekly mobile sports betting wagering has topped $600 million in four consecutive weeks, and those four most recent totals rank eighth, fourth, third, and first, respectively, all-time.

Additionally, six of the top 10 weekly handles have occurred over the last eight weeks. The record weekly handle follows New York setting a U.S. record for monthly wagering in October at $2.79 billion.

Despite all the action, New York's eight mobile sportsbooks were held in check by the public for a second straight week thanks to an overwhelming number of NFL favorites winning both straight up and against the spread. The group finished with a collective hold of 3.6%, the 12th-lowest in 253 weeks of mobile sports betting in the state, and totaled $24.7 million in revenue. All eight operators did finish in the black, resulting in estimated tax receipts totaling $12.6 million.

Who Were Bettors Placing Bets With?

FanDuel, DraftKings, and Fanatics fueled the record handle, with all three posting top-six or higher weekly all-time totals. FanDuel crested $250 million for just the fifth time, reaching a year-best $253.6 million. DraftKings posted its sixth-highest weekly handle at $223.7 million, also a high for 2026.

Fanatics' $88.7 million in accepted wagers ranks fourth in its annals, but it is also the sportsbook's highest weekly total when excluding the likely whale-impacted three-week run of August 2025, when it generated $506 million in handle.

BetMGM posted its fourth consecutive week of $50 million-plus handle at $53.9 million, and the $45.8 million wagered through Caesars was its highest weekly amount since totaling $48.2 million the week ending March 24, 2024.

Caesars also joined FanDuel and DraftKings as the only operators in New York to cross $10 billion all-time handle. That is a legacy milestone of sorts, since Caesars' aggressive promotional offers for initial sign-ups in 2022 contributed to nearly $2.8 billion in handle in its first year of operations.

Big Handle Totals, Not-so-Big Revenue Amounts

The tough week for operators was not surprising, as NFL favorites went a whopping 13-1 straight up and 10-3-1 against the spread in Week 9, excluding Buffalo's 23-6 win over Minnesota on Monday. It was the first time the collective hold was below 5% in back-to-back weeks since Oct. 13-20, 2024, and only the third time overall.

BetRivers was the lone operator to top 7% hold for the week, reaching 8.5% as it captured $1.2 million of the $14.7 million in wagers accepted. TheScore Bet (6.5%), BetMGM (6.3%), and Bally Bet (6.2%) were the only other sportsbooks to post a 6% win rate or better.

Fanatics and Caesars had the roughest weeks as both operators were held below $1 million in revenue. Fanatics had a 0.9% hold, keeping $761,875 in revenue, and Caesars was not much better at 1.2% in retaining $560,080. Those were the lowest win rates for both operators since the historic record losses incurred June 14.

FanDuel led all operators in revenue with $9.4 million while posting a 3.7% hold, the second time in nine weeks it failed to reach 4%. DraftKings checked in at 3.8% in claiming $8.5 million in winnings, but the digital titan was held below 4% in back-to-back weeks for the first time since Oct. 13-20, 2024.

BetMGM was the only other operator with seven-figure revenue, landing at $3.4 million.