From 4d5a2f2c6360cf805f7416380dfcdd6c7c61439e Mon Sep 17 00:00:00 2001 From: sharyneleanor Date: Wed, 29 Apr 2026 07:21:16 +0200 Subject: [PATCH] Add New York Sports Betting Jumps 6%, but Profits Slip in February --- ...g-Jumps-6%25%2C-but-Profits-Slip-in-February.md | 14 ++++++++++++++ 1 file changed, 14 insertions(+) create mode 100644 New-York-Sports-Betting-Jumps-6%25%2C-but-Profits-Slip-in-February.md diff --git a/New-York-Sports-Betting-Jumps-6%25%2C-but-Profits-Slip-in-February.md b/New-York-Sports-Betting-Jumps-6%25%2C-but-Profits-Slip-in-February.md new file mode 100644 index 0000000..c7ea3e9 --- /dev/null +++ b/New-York-Sports-Betting-Jumps-6%25%2C-but-Profits-Slip-in-February.md @@ -0,0 +1,14 @@ +
Despite a nearly 9% [year-over-year dip](https://git.ddproxy.net/kathlenecrosby) in Super Bowl betting, New York’s overall February handle still spiked 6% and led to another $2 billion in monthly wagers.
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- New Yorkers bet more than $2 billion with online sportsbooks for the seventh consecutive month.
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- Online operator revenue was down from the previous February total of $184.8 million.
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- FanDuel was the only [sportsbook](http://47.86.29.43000/jacquettaepste) to produce a double-digit hold.
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The New York State Gaming Commission recently reported that the Empire State’s eight online sportsbooks generated a $2.09-billion handle, making February the seventh consecutive month to surpass that [massive mark](http://aoiffekerrigan.com/biopic-theme-launched/).
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Only the week of the Super Bowl produced $500 million during the month. The Big Game itself generated $126.3 million in online wagers.
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The year-over-year increase in wagering was likely aided by the Winter Olympics despite the NHL's break to allow [players](https://affiliateincome.top/mypayingsites/member.php?action=viewpro&member=GeorgiaBad) to participate in Italy.
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New York sports betting operators won back $177.5 million in February, down 4% from the $184.8 million during the same month in 2025. It was also the mobile sportsbooks’ lowest gross [revenue](http://choosy.com.au/blog/21_9-decorating-tips-to-create-a-stylish-monochr) amount since July 2025 and the first under $200 million since August 2025.
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Profits from the Super Bowl, not including future markets, accounted for $39.7 million of the New York revenue total, and $23.6 million of the Empire State’s $90.5-million February tax haul came from the Big Game.
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The 8.5% hold was down from the previous February’s 9.3%, and it was the first win rate under 10% since October 2025.
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Bringing up the hold
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FanDuel led all online operators with a $726.8-million handle, edging DraftKings by $21.5 million for top honor. FanDuel’s streak of $100[-million](https://streamz.network/@felicitashaywo?page=about) gross revenue hauls, however, ended at four months, as the online sportsbook made $80 million from an 11% hold, the highest of any New York operator in February.
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[DraftKings](https://fricavideo.com/@rhondaschauer0?page=about) produced an 8.7% hold much closer to the state’s February average, leading to $61.3 million, nearly $18 million less than January’s [profits](https://webtarskereso.hu/@shawntruesdale). Fanatics regained its third-place spot after losing in January to BetMGM. Fanatics won back just 6.7% of its nearly $230-million handle to [produce](https://daterondetjolie.fr/@lilapreece046) $14.4 million.
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BetMGM had its least profitable month in two years behind a 2.3% hold, claiming $4.2 million in gross revenue on a $176.8-million handle. Caesars saw a $2.5-million month-over-month revenue decrease, finishing February with $9 million in profits on a $137-million handle. BetRivers won back 8.3% on a $50.1-million handle, while theScore Bet produced a 6.6% hold on $47.7 million in wagers. Bally Bet nearly won 8% from a $14-million handle.
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