Mobile sports wagering rakes in record amounts of tax revenue for NY
New York State continues to collect record amounts of tax revenue from mobile sports wagering, with most of the revenue set to be used for education.
As of Oct. 30, the state has hauled in $542M since the wagering became available in early January. An additional $200M in licensing fees has also been collected.
New York has surpassed every other state in the nation in revenue collection, including those those accepting mobile sports wagers for several years.