FanDuel-led bid proposes 50% tax rate for NY mobile betting

| By Daniel O'Boyle
The New York State Gaming Commission has published details on the six bids to operate mobile sports betting in the state, with one bid from four of the country’s largest operators proposing a 50% tax rate.

Under New York’s mobile betting rules, the state must select two platform providers, which together must offer at least four skins. Players, however, may only have one account per platform provider.

Last week, the state published the applicants involved in the six bids that had been accepted.

One of the bids is led by FanDuel – which will also see Bally’s, BetMGM and DraftKings enter the market. While FanDuel had been listed as the platform provider and the other parties as operators, the bid documents clarified that all four would use their own platform.

Read the full story on iGB North America

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