New York’s Gaming Landscape: A June 2025 Performance Review
The New York State Gaming Commission (NYSGC) reported a slight downturn in the state’s casino industry performance for June 2025. Gross gaming revenue (GGR) totaled $55.1 million, representing a 2.2% year-over-year decrease. This figure marks the third-lowest monthly GGR of the year, surpassing only January and February’s totals.
While slot machine activity remained relatively stable year-over-year, with $526.7 million in slot credits generating $41.8 million in GGR (a modest $700,000 increase), table game performance experienced a significant decline. Table game GGR plummeted by 16.8%, reaching $11.8 million on $69.4 million in wagers—a 9.1% decrease. Poker tables contributed $862,000 to the overall GGR, and retail sports betting added $677,400 from a $3.8 million handle. Retail casinos generated $13.9 million in gaming taxes for the state, resulting in a net revenue of $41.3 million—a 3% decrease compared to the previous year.
Online Betting: Growth Persists Despite Seasonal Slowdown
Despite a seasonal dip, the online sports betting sector continued to demonstrate growth. The June 2025 online sports betting handle reached $1.6 billion, marking the lowest monthly figure since August 2024, yet still representing a 12% increase compared to the same period the previous year. This lower handle was offset by stronger operator win rates, leading to a substantial 54.2% surge in online GGR, reaching $206.5 million.
Market leaders FanDuel generated $86.3 million in GGR on a $563.7 million handle, while DraftKings, despite having the highest handle at $607 million, produced $69.8 million in GGR. Fanatics Betting and Gaming followed with $17.3 million in GGR on a $151.7 million handle, and Caesars reported $13.8 million in GGR from $152.3 million in wagers. Platform providers earned $101.2 million in June, with $105.3 million directed to the state’s education fund.
Comparative Performance and Future Outlook
June’s figures contrast sharply with the record-breaking performance of May 2025, which saw $248.9 million in online GGR—the highest monthly total since the launch of mobile betting in 2022. May’s handle reached $2.21 billion, highlighting the impact of seasonal trends and reduced wagering activity in June. Similarly, retail casino revenue in June ($13.9 million) fell significantly short of May’s $176.4 million total. May saw nearly all properties experience annual growth, while June’s decline suggests a more widespread softening across both physical and digital sectors.
FanDuel’s recent opening of a new New York City office further solidifies its commitment to the state’s market. However, ongoing legislative discussions concerning a potential sweepstakes casino ban and the approval of a new land-based resort continue to shape the industry’s trajectory. The summer slowdown, coupled with pending legislative measures, has operators and analysts closely monitoring the online sportsbook sector’s ability to sustain margin growth into the third quarter of 2025. Regulatory developments, such as potential adjustments to deposit limits and casino expansion approvals, will significantly influence the industry’s performance in the latter half of the year.
