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New York nets more than $1.55 billion in mobile sports betting tax

16th January 2024 9:39 am GMT

New York’s regulated mobile sports betting market has generated more than $1.55 billion in taxes since launch on January 8, 2022.

Commenting on the second anniversary of the launch of the regulated market, New York Governor Kathy Hochul commended the state's record-shattering revenue contribution from sports betting.

New Yorkers wagered $19.1 billion on sports in 2023, up from $16.6 billion in the first year of the market, delivering $1.55 billion in tax revenue over the two years [...]

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