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New York Online Sports Betting Tax Revenues Well Ahead of ExpectationsWritten by: Steve Bittenbender

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In less than five months, New York has generated more than a quarter of a billion dollars in taxes from online sports betting. That’s according to a statement released Tuesday by Gov. Kathy Hochul. Thanks to the 51 percent tax rate on online sportsbook revenues, the state has received $263 million since the first apps
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