New York Governor Kathy Hochul announced that since early January, when mobile sports wagering became available, the state has collected $542 million in taxes. An additional $200 million in licensing fees has also been collected, generating a total of more than $740 million in revenue, most of it to be used for education. This far outperforms every other state in the nation. "By bringing sports wagering to New York," said Hochul in a statement, "we have not only opened the door to responsible entertainment for millions of sports fans, but we have also brought in significant revenue to support schools, as well as youth sports" New York State set a record of $73 million in mobile sports wagering tax revenue in September 2022, the most generated by any state to date, breaking its own record of $63 million set in January 2022.
Sports BettingNew York StateKathy HochulMobile Gambling

References

  1. Governor Hochul Announces New York State Has Surpassed Half a Billion Dollars in Mobile Sports Wagering Tax Revenue
    governor.ny.gov

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