New York State has collected more than $1.55 billion in taxes on mobile sports wagering over the last two years. Governor Kathy Hochul said most of those taxes will be used for education. Last year’s $862 million, when added to $693 million as … [Read more...]
Mobile Sports Wagering Generates $909 Million in 1st Year in NYS
Mobile sports wagering generated over $909 million in revenue in its first year for New York State. Governor Kathy Hochul said the State has collected more than $709.2 million in taxes on such bets, a figure that leads the nation. An additional … [Read more...]
NYS Has Collected Over a Half Billion Dollars in Mobile Sports Betting Taxes Since January
New York State has collected over half a billion dollars in mobile sports wagering taxes since the beginning of the year. Governor Kathy Hochul announced that the $542 million collected far surpasses every other state in the nation. An … [Read more...]
NYS Mobile Sports Wagering Generates Record-Breaking Tax Revenue
New York's recently launched mobile sports wagering has generated a record-breaking amount of tax revenue in less than six months, surpassing states that have offered sports wagering for years. According to New York State data, the state has … [Read more...]