July 14, 2025 3 min read

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NY Casino Revenue Dips in June as Online Betting Shines

New York casinos recorded a slight 2.2% decrease in gross gaming revenue last month, but online sportsbooks surged 54% year-on-year, led by FanDuel and DraftKings

According to figures from the body that regulates all legal gaming activity in the Empire State, the New York State Gaming Commission, casinos were responsible for generating $55.1 million in gross gaming revenue (GGR) in June

The figure marks a slight 2.2% drop from the same month last year, turning June 2025 into the third-weakest month of the year so far, ahead of January and February.

Retail Casinos Generated $13.9M in Taxes

Slots remained the bright spot for casinos, holding steady despite the seasonal slowdown. Slot machines accounted for $526.7 million in total wagers, with GGR climbing slightly by $700,000 year-on-year to reach $41.8 million

Table games, on the other hand, struggled. Revenue from table play fell 16.8% to $11.8 million, with overall wagers in the segment down 9.1% at $69.4 million

Poker brought in $862,000, while retail sports betting contributed another $677,400 on a $3.8 million handle.

All told, retail casinos sent $13.9 million in gaming taxes to Albany in June, with total net revenue dropping 3% to $41.3 million.

Online Betting Still Growing

While brick-and-mortar numbers cooled, online sportsbooks continued their upward trend, even as the overall handle dipped from May’s record highs. Mobile operators handled $1.6 billion in bets in June, their smallest monthly total since last August, yet still managed to beat last June by 12%.

Higher win rates for operators pushed online GGR to $206.5 million, a staggering 54.2% year-on-year increase.

FanDuel, which recently hired two experienced public policy pros amid rule changes, kept its grip on the top spot, pulling in $86.3 million in GGR on $563.7 million in bets. DraftKings led all operators in handle with $607 million but lagged slightly in revenue, earning $69.8 million. Fanatics and Caesars rounded out the top four with $17.3 million and $13.8 million in GGR, respectively.

Platform providers brought in $101.2 million for the month, and the state education fund received $105.3 million from online operations.

Seasonal Dip After Record May

The softer June numbers follow an all-time record in May, when online GGR reached $248.9 million and retail casinos reported $176.4 million in combined revenue. Industry insiders attribute June’s slower pace to normal seasonal trends and lighter summer betting.

On the retail side, only a handful of properties posted growth in June, reversing gains seen in May.

In other industry news, FanDuel opened its new Manhattan office in the Flatiron District on June 23, marking over a decade of its presence in New York.

As lawmakers continue to debate a proposed ban on sweepstakes casinos and finalize approvals for a long-awaited land-based resort license, all eyes are now on Q3 to see if online sportsbooks can sustain strong margins despite summer’s lull. 

Regulatory decisions on deposit limits and expansion plans could shape the second half of the year.

After finishing her master's in publishing and writing, Melanie began her career as an online editor for a large gaming blog and has now transitioned over towards the iGaming industry. She helps to ensure that our news pieces are written to the highest standard possible under the guidance of senior management.

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