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FanDuel approaches $1 billion in New York sports betting tax payments

Regulation

FanDuel was estimated to have exceeded $1 billion in mobile sports betting tax payments to New York after a reported $6.5 million was due for the week ending 30 June 2024, based on figures from the New York State Gaming Commission. The report said the estimate depended on the timing of collections from the first week of June and that the state agency’s full-month figures were still to come.

FanDuel’s estimated tax payments indicate its reported contribution to New York mobile sports betting receipts, pending full-month figures.

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New York sports betting handle exceeds $2.4bn in September

New York sports bettors wagered more than $2.4bn in September, up 5% from September 2025, according to the New York State Gaming Commission. Handle for the first six months of the state's 2026/2027 fiscal year reached nearly $12.6bn, up 6.9% year on year, while sportsbook revenue fell 5.8% to $1.1bn. Prediction-market platforms dispute the gaming industry's claim that their trading diverts business from state-regulated sportsbooks.

New York sports bettors wagered more than $2.4bn in September, the New York State Gaming Commission reported. That was 5% more than in September 2025, an increase of nearly $114m in wagers.

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