Casino GGR Dips as Table Game Revenue Slows
New York’s land-based casino industry saw a modest decline in performance in June 2025, reporting $55.1 million in gross gaming revenue (GGR)—a 2.2% year-on-year drop, according to figures released by the New York State Gaming Commission (NYSGC). This marks the third-lowest GGR month of the year, with only January and February trailing.
While slot machine play held steady, generating $41.8 million in revenue on $526.7 million in credits, table games experienced a sharp downturn, dropping 16.8% to $11.8 million on $69.4 million in wagers. Poker added $862,000 to the total, and retail sportsbooks contributed a modest $677,400 on $3.8 million in bets.
In total, retail casinos contributed $13.9 million in gaming tax, netting the state $41.3 million in revenue, a 3% monthly decline, reflecting both lower visitor footfall and seasonal softening.
Online Sportsbooks Post Strong GGR Despite Seasonal Decline in Handle
While retail performance was muted, New York’s digital sports betting sector remained robust. June’s total online handle hit $1.6 billion, the lowest since August 2024, but still 12% higher year-on-year. Notably, GGR reached $206.5 million, up a striking 54.2% from June 2024, suggesting improved operator margins and efficient risk management.
FanDuel led the digital market, posting $86.3 million in GGR on $563.7 million in handle. DraftKings, while topping handle at $607 million, trailed in GGR with $69.8 million. Fanatics and Caesars also held notable shares, generating $17.3 million and $13.8 million in GGR, respectively.
From this, platform providers earned $101.2 million, while the state directed $105.3 million to education funds, continuing the strong fiscal benefit of legalized online wagering.
Market Outlook: Summer Trends, Legislation, and Expansion Debates
June’s dip follows a record-setting May 2025, when New York achieved $248.9 million in online GGR on a handle of $2.21 billion. The month’s performance underlines seasonal volatility, with summer months historically showing weaker activity across both physical and digital channels.
Looking ahead, several key regulatory developments may shape the second half of the year. These include a potential ban on sweepstakes casinos, legislative review of deposit limits, and progress toward the licensing of new land-based resort casinos.
A notable highlight in June was FanDuel’s opening of a new office in NYC’s Flatiron District, reinforcing its long-term commitment to the state, where it has been headquartered for over a decade.
Conclusion: Digital Growth Offsets Land-Based Weakness
New York’s June gaming revenue paints a mixed picture—retail casinos face seasonal challenges, while online sportsbooks continue to show resilience. With digital GGR growing faster than handle, operators are proving they can adapt to changing betting patterns.
The industry now turns its attention to Q3 trends, regulatory shifts, and broader macroeconomic conditions to assess whether online margins can hold, and if the state’s land-based casinos can rebound heading into the fall.
