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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Prince J. Grimes

If FanDuel and DraftKings want lower tax rates in New York, they need more than empty threats

Fanduel DraftKings New York

The greedy overlords of the sports betting industry have descended upon New York, and they’ve decided they want more.

In what was supposed to be a review Tuesday of how things went in the state’s first year of legal betting — and they went quite well — online sports betting behemoths FanDuel and DraftKings argued to the Committee on Racing, Gaming and Wagering that New York’s 51% tax rate on online betting was too high.

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