New York
Joint highest operator tax in the US, which thins out promotions
Last reviewed October 2026- Status
- Live online betting
- Online betting
- Available
- Market opened
- Jan 2022
- Regulator
- NYSGC
- Legal age
- 21
- Operator tax
- 51%
- Operators live
- 8
The market
New York is the largest online sports betting market in the country by handle. Eight operators pay a 51% tax on gross gaming revenue, the highest rate of any major market, and that sets how much the books can spend on promotions. Huge volume, tight margins.
What this means for matched betting
The 51% tax is the thing to know here. The books protect their margin with smaller offers and tighter qualifying terms, so pick your spots. Eight operators is still plenty to hedge across, and you'll need them: New York has no licensed betting exchange, so every offer gets covered at another sportsbook.
