New York collected a combined $909 million in taxes and licensing fees from mobile sports betting during the first year of operation, Gov. Kathy Hochul's office on Friday announced.
The revenue makes New York one of the largest markets for bets taken on mobile devices, with more than $16 billion wagered in New York over the last 12 months.
Mobile sports betting was launched 12 months ago, just as the lucrative football playoffs began.
"In just one year, New York has become a national leader in providing responsible entertainment for millions while bringing in record-shattering revenue for education, youth sports, and problem gambling prevention," Governor Hochul said. "I look forward to another year of delivering top-tier mobile sports wagering experiences that generate revenue to enrich the lives of New Yorkers across the state."
Money to New York state includes $200 million in licensing paid by the companies allowed to operate in New York as well as $709.2 million in taxes on bets, a nation-leading amount.
Some of the money will be put into addiction services, state officials said.
"The additional revenue generated will help to ensure that we have a robust system of programs and services to address the needs of individuals, families, and communities across the state," Office of Addiction Services and Supports Commissioner Chinazo Cunningham said.