Kathy Hocul announces New York has generated $302 million in tax revenue in the first since months of mobile sports betting. This is likely due to a slowdown in the sports calendar and should pick back up with the return of the NFL in September. 3, 2022: The New York State Gaming Commission announced online sports betting handle for the week ending July 24 was $149.7 million, down 18.6% from the previous seven days and an all-time low for weekly wagering in New York.

September 12, 2022: New York took in roughly $51 million in tax revenue in August, mostly from mobile sports betting ($872.2 million in revenue).

This would allow more operators into the market with the hopes of decreasing New York's inflated 51% tax rate for sportsbooks. Joe Addabbo and Pretlow plan to revisit NY’s sports betting licensing framework later this year. Latest New York Sports Betting Legislation Updates Nov 2023

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