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New registrants to the sportsbook can place a $250 risk-free guess on a fixed-odds wager. According to the 2023 proposed price range from Governor Kathy Hochul, $249 million in cellular sports activities betting tax revenue is projected for the opening 12 months. This projection was reached by the week ending on May 15 with over $251 million estimated to be collected in tax revenue. Here is the newest monetary data for online sports betting in New York.

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