FanDuel, DraftKings and other online gambling apps are displayed on a phone in San Francisco, Sept. 26, 2022. In two years, New York has raised $1.75 billion in revenue from taxes and licensing fees on mobile sports betting, Gov. Kathy Hochul said. (Jeff Chiu | AP)AP
It’s looking more and more like New York got mobile sports betting right. Wish we could say the same for the rollout of recreational cannabis.
Gov. Kathy Hochul announced last week that New York state raked in $862 million in taxes on mobile sports wagers last year, in only its second year of operation.
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