New York saw $1.7 billion in wagers placed in January, a new monthly handle record for a state, thanks to the legalization of mobile sports betting.
Nearly 99% of those wagers were placed using mobile sportsbooks, according to The Citizen.
New York takes a 51% tax on mobile sportsbooks’ revenue. The sportsbooks reported $124.1 million in gross gaming revenue for January, meaning they paid $63.3 million in taxes.
Mobile sportsbooks were allowed to start operating in New York on January 8, 2022, right before the start of NFL playoffs and about a month before the Super Bowl, which likely gave them an extra boost.
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