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  1. www.forbes.com › sites › kellyphillipserbNew York Reports Gambling Revenues Are Up—And So ... - Forbes

    Oct 17, 2023 · According to the State of New York, state revenues from lottery sales and taxes on gaming increased by 69.5% over the past decade, growing from $2.8 billion to $4.8 billion. In the most recent ...

    • Kelly Phillips Erb

  2. www.covers.com › industry › new-yorks-2-billionNew York Eclipses $2 Billion in Sports Betting Handle in ...

    2 days ago · The New York sports betting newcomer got off to a better start in the first week of October, recording $1.1 million of revenue on a $9.1 million hande, thanks to a 12.6% hold.

  3. www.governor.ny.gov › news › governor-hochulGovernor Hochul Announces Mobile Sports Wagering Generated ...

    Jan 12, 2024 · State Senator Joseph P. Addabbo, Jr. said, "Mobile sports betting has proven to be a game-changer for New York, generating over $1.55 billion in tax revenue in just two years. This significant influx of funds will not only help to create new job opportunities, bolster our education system and improve the resources to assist individuals with an ...

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  5. www.sportsbookreview.com › news › new-york-revenuesNew York Online Sports Betting Revenues Drop Despite Increase ...

    3 days ago · The New York State Gaming Commission released online sports betting handle and revenue information for September, revealing that sportsbooks handled $1.8 billion. This total was an increase of 2.3 ...

  6. www.governor.ny.gov › news › governor-hochulGovernor Hochul Announces New York State's Record Setting ...

    Jul 8, 2022 · Governor Kathy Hochul today announced that in under six months of operation, New York's mobile sports wagering program has far surpassed every other state, as well as the Division of the Budget's FY 2022 revenue projections. According to New York State data, the State has generated more than $302 million in tax revenue from mobile sports ...

  7. www.amny.com › sports › new-york-740-million-taxesNew York State collects $740 million in taxes from online ...

    Nov 9, 2022 · Legalized online sports betting has been a major financial boost to New York, as the Empire State has collected over $740 million in revenue since the industry was green-lit in January. Governor ...

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  9. www.governor.ny.gov › news › governor-hochulGovernor Hochul Announces New York State's Record Setting ...

    May 31, 2022 · The added revenue from mobile sports betting will allow OASAS to further enhance prevention, treatment, recovery, and harm reduction services for individuals or their family members who experience harms from gambling." New York's mobile sports wagering tax revenue will be reinvested into elementary and secondary education and grants for youth ...