Please ensure Javascript is enabled for purposes of website accessibility
Search
Accessibility Menu

Sports Betting Tax Revenue by State

Since 2018, states have taken in $8.4 billion in sports betting tax revenue.

By Jack Caporal – Updated Jul 14, 2025 at 3:37PM

Key Points

  • States have collected $8.2 billion in taxes from sports betting since June 2018.
  • New York has generated the most tax revenue from sports betting ($2.9 billion) since the state legalized it in June 2019.
  • Sports betting is currently legal in 38 U.S. states and the District of Columbia.

Our Research

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.