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Add New York’s Sports Betting Operators Produce 11.5% Weekly Hold in Late June

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Karin Eng 2026-04-28 13:56:54 +08:00
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New-York%E2%80%99s-Sports-Betting-Operators-Produce-11.5%25-Weekly-Hold-in-Late-June.md 100644

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<br>[Weekly holds](https://inpalava.com/author-profile/glorymattes400/) under 10% don’t usually last long for Empire State online sportsbooks, and they usually bounce back well when they do catch a [single digit](https://www.wilco.com.vu/blog?journal_blog_post_id=14).<br>
<br>Such was the case for the week ending June 23, when the win rate went from 8.9% to 11.5%.<br>
<br>That led to revenue of $38.2 million, the highest of any week in June so far, and helped offset an 8.2% week-over-week drop in the handle.<br>
<br>The New York Gaming [Commission](http://117.157.65.4313000/brendapaling18/the-bet-9ja-promo-code-2026-is-yohaig/wiki/The+BET+9Ja+promo+code+2026+is+YOHAIG) reported that $333.1 million was wagered in the week ending June 23. With just one [NBA Finals](https://git.sortug.com/frederickrnf55) game during the week and that series coming to a close with the Boston Celtics winning the title in five games, some handle drop was expected. However, the nine online sports betting operators still fared well behind a Stanley Cup Final between the Edmonton Oilers and [Florida](https://worldaid.eu.org/discussion/profile.php?id=1384206) Panthers that [showcased](http://mrmodel.store/en/smartblog/4_blog-post-4.html) two games during the period.<br>
<br>Revenue reached $30 million for the seventh consecutive week and the ninth time in the last 10 periods.<br>
<br>The handle, meanwhile, hasn’ to $400 million since the week ending May 19.<br>
<br>Big dogs eat<br>
<br>The trend of FanDuel winning New York continued.<br>
<br>The online sportsbook accounted for $19.6 million of the total profit in the Empire State, thanks to a 15% hold. [FanDuel](https://gogs.mneme.dedyn.io/dongcairns6692) also led all operators for the fourth consecutive week in the amount wagered with a handle of $131.1 million.<br>
<br>DraftKings was second at $118 million and the only other mobile sportsbook to reach $10 million in revenue, meaning the two [market leaders](https://www.adalyatobacco.co.uk/blog/best-beauty-products) [combined](https://www.garagesale.es/author/hattiegatli/) for nearly 80% of all money made by operators for the week.<br>
<br>Bouncing back<br>
<br>Caesars finished third for the week ending June 23 with a handle of $31.3 million. The online sportsbook also bounced back from its third week of revenue under $2 million since April last week with a $2.5 million haul in the latest period.<br>
<br>BetMGM was fourth with a handle of $22.8 million and went over $2 million in weekly profits for the first time in a month.<br>
<br>[Fanatics](https://remont-pk-simf.ru/blog/journal-blog) kept its spot among the top five with a [weekly handle](https://gitlab.1337.at/delilafacy771) of $16.6 million and enjoyed a nearly 19% increase in revenue.<br>
<br>Since a New [York sports](http://www.god123.xyz/home.php?mod=space&uid=1311223&do=profile) betting run of at least $10 million handles 34 times in 36 weeks dating back to September 2023, [BetRivers](http://www.jejuyr.co.kr/bbs/board.php?bo_table=br_03&wr_id=8) has gone under that mark in three of the last five weeks. The online operator also couldn’t build off an impressive $24.9 million in the previous week as wagers fell to $9.7 million in the latest period.<br>