New York Sports Betting Tax Revenue Exceeds $300 Million

Last month, mobile bettors in New York spent $1.05 billion across the eight operating sportsbooks. Despite June being its lowest monthly handle since the launch of the regulated market (the total of which was $350 million shy of New Jersey’s highest month on record), Governor Kathy Hochul recently announced that the state generated $302.2 million in tax revenue in its first six months of operation.