New York Sports Betting Hold Drove A 67% Tax Jump

New York Sports Betting Hold Drove A 67% Tax Jump

New York’s mobile sportsbooks kept 12.09% of the $384,761,040 wagered in the week ending Aug. 2. Gross gaming revenue rose 66.7% week over week while handle rose 8.67%, a tax swing near $9.5 million. The fiscal year’s largest handle week, ending June 14, posted negative revenue of $48,515,979 and no tax. Handle across 19 weeks…

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New York Could Soon Be Home To Online Poker With Casinos Opening

Poker Question

New York is opening a Resorts World casino in the Newburgh Mall, with rumors of a casino opening in Manhattan. New York is surrounded by states with online poker such as Pennsylvania and New Jersey. The Empire State is currently working on launching mobile sportsbooks. NEW YORK – New York’s gambling landscape has been evolving…

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