#Jeremy Kudon

New York Sports Betting Handle Dips in September, Tax Rate to Blame?

New York Sports Betting Handle Dips in September, Tax Rate to Blame?

The entire sports betting industry was anticipating the surge of action that September brings thanks to the start of the NFL season and the windup to the MLB postseason, but in New York that sports gambling market seemed to slow down during the course of that month. According to the New York State Gaming Commission's most recent update, that state…
MLB
Is Online NY Sports Betting 'Broken' While Revenue Pours In?

Is Online NY Sports Betting 'Broken' While Revenue Pours In?

The jockeying around the online NY sports betting tax rate discussion at next year's legislature already is underway. New York online sports betting handle fell $33 million from Week 1 of the NFL season to Week 2. Operators combined for $297 million in NY online sports betting handle from Sept. 12-18 after combing for $330 million from Sept.…
NFL
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