New York could bring in nearly USD100M in annual online Sports Betting Tax revenue.

New York could bring in nearly USD100M in annual online Sports Betting Tax revenue.

New York Governor Andrew Cuomo

A long-awaited New York gaming study says the state could bring in nearly $100 million in annual online sports betting tax revenue — assuming it doesn’t follow Gov. Andrew Cuomo’s proposal.

The study from Spectrum Gaming estimated the state’s four commercial casinos and three Native American gaming tribes could take in more than $1 billion in online sports betting bets, which would lead to roughly $100 million in taxes for the state government.

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