New York Collects $267 Million in Revenue From Sports Betting

New York State has collected $267 million in tax revenue from mobile sports betting since January, topping the other 49 states’ returns.

Governor Kathy Hochul said New York has become a prominent player in online sports wagering just five months after legalizing the practice, according to an announcement Tuesday.

“In less than half a year, New York has become a leader among states in implementing successful gaming policies, with hundreds of millions of dollars going to important programs that will improve the lives of all New Yorkers,” Hochul said in a release.

On Jan. 8, New York legalized online sports ...