As of today, April 10, 2026, the New York State Gaming Commission has released its fiscal year-end report, confirming that mobile sports betting has generated a staggering $2.5 billion in tax revenue. Despite maintaining the nation’s highest tax rate of 51%, the state continues to see record-breaking handle volumes. Analysts suggest that the “NY Model” is now being closely studied by other high-population states looking to plug budget deficits through digital gambling expansion.
