N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 1407: State tax

§ 1407. State tax. For the privilege of conducting interactive fantasy

sports contests in the state, registrants shall pay a tax equivalent to

fifteen percent of their interactive fantasy sports gross revenue

generated within the state; in addition, registrants shall pay a tax

equal to one-half of one percent, but not to exceed fifty thousand

dollars annually.