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Mobile sports wagering rakes in record amounts of tax revenue for NY

 A large stack of $100 bills.
New York State Department of Taxation and Finance

/
tax.ny.gov
New York State is racking in millions in tax revenue from mobile sports wagering.

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.

Scott Willis covers politics, local government, transportation, and arts and culture for WAER. He came to Syracuse from Detroit in 2001, where he began his career in radio as an intern and freelance reporter. Scott is honored and privileged to bring the day’s news and in-depth feature reporting to WAER’s dedicated and generous listeners. You can find him on twitter @swillisWAER and email him at srwillis@syr.edu.