No Profit, Big Losses by New York Sportsbooks

For all the cheering over sports betting records in New York, the quest to win customers came with a steep cost. Operators made no profits, and took major losses due to the state’s stratospheric tax rate. Now state Senator Joseph Addabbo is (l.) pushing online casinos.

No Profit, Big Losses by New York Sportsbooks

This article is available to Subscribers of GGB News.

Learn more and