Recently, DraftKings CEO Jason Robins and FanDuel President Christian Genetski testified at a Senate Standing Committee on Racing, Gaming, and Wagering in favor of lowering the current online sports betting tax rate of 51%. The bill would allow all nine current online sports betting license holders to hold an iGaming license. Sports Betting Operators Hoping for iGaming I think more, but I’ll say conservatively we can do $1 billion annually,” Addabbo Jr. “I’ll say with confidence we can do at least $1 billion with iGaming. Most states average between 15% to 18% for their iGaming tax rates. The bill includes a 30.5% iGaming tax rate. Gary Pretlow introduced a poker bill in late January). ![]() Poker is not included in the bill (though Assemblyman J. introduced bill S4856, which seeks to legalize online casino gaming, including slots, table games, and live dealer games. While the fight for New York’s online sports betting tax rate rages on, another bill has been introduced to legalize iGaming in the Empire State that may help mollify operator frustration.
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