Local News

New York's mobile sports betting brings in $302M in tax revenue in first six months

By CBS New York Team

/ CBS New York

New York state mobile sports wagering earns $302M in tax revenue

NEW YORK -- Gov. Kathy Hochul says New York's mobile sports betting continues to bring in record amounts of money.

Since betting started in January, New York has collected $302 million in tax revenue -- more than any other state.

All the money goes to education, grants for youth sports programming and prevention treatment, and recovery services for problem gambling.

Bally Bet, New York's ninth and final mobile wagering operator, started taking bets Thursday.

CBS New York Team

The CBS New York Team is a group of experienced journalists who bring you New York web coverage on cbsnews.com.

© 2022 CBS Broadcasting Inc. All Rights Reserved.

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.