![]() ![]() Gambling ProblemsĪ portion of revenues from mobile sports betting are earmarked for problem gambling services in New York. However, there are only a few of those in a year. Specifically, mega jackpots-those over $500 million-have boosted increased lottery participation. That honor belongs to lottery receipts, which have increased by $544 million over the past 12 years, a growth of 25.3%. Highest Sources of RevenueĪlthough mobile sports betting is growing quickly in New York, it doesn’t represent the largest source of gaming revenues. According to the state, Tioga Downs in the Southern Tier saw the steepest fall off of in-person wagering, tumbling 58.7%. It’s worth noting that as mobile sports wagering has increased, gross gaming revenue from in-person sports wagering at the state’s commercial casinos has declined-down 45% in the last fiscal year. Mobile Sports Betting Tax Rates, NY and neighboring states Kelly Phillips Erb ![]()
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