New York Sports Betting Wraps up 2026 with 4th Consecutive $2B Handle Month New York sports bettors made the final month of 2024 one to remember. The Empire State’s nine online sportsbooks reached $2 billion in wagers for the fourth consecutive month for the first time since online sportsbooks launched in January 2022, surpassing a previous run made from October to December 2023. A December filled with NFL, college football’s postseason, NBA, college basketball, and NHL produced a handle of $2.28 billion, the second-highest month ever reported by the New York Gaming Commission and $40 million away from the all-time high set in October. The amount wagered in December increased 11.8% year-over-year and less than 1% month-over-month. However, the 6.6% hold was lower than the customer-friendly October that plagued New York operators during an unprecedented run by NFL favorites. December was even worse as revenue reached $150.4 million, the lowest ever recorded on a $2 billion handle. Revenue also fell 23% compared to December 2023 and 35% month-over-month. It’s the second-lowest win rate recorded behind the 5.4% in February 2022. The Empire State hauled in $76.9 million from the 51% tax rate on online operators. New York online sports betting, the most lucrative market in the U.S., generated $22.7 billion in wagers during 2024. The nine sportsbooks also hauled in a little over $2 billion in revenue. Both are the most produced in a single year by the Empire State. December brought the yearly hold down to 8.9%, but it’s still the highest win rate yet recorded in New York. The Empire State filled its coffers in 2024 with more than $1 billion in tax revenue, also the most ever. Over the last three years, online sports betting has generated nearly $2.6 billion in tax revenue for the state. FanDuel sets new mark FanDuel set a single-operator record in New York with a monthly handle of $925.