{"data":{"id":"us-ny/n.y.-racing-pari-mutuel-wagering-and-breeding-law-1407","jurisdiction":"us-ny","citation":"N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 1407","heading":"State tax","body":"§ 1407. State tax. For the privilege of conducting interactive fantasy\nsports contests in the state, registrants shall pay a tax equivalent to\nfifteen percent of their interactive fantasy sports gross revenue\ngenerated within the state; in addition, registrants shall pay a tax\nequal to one-half of one percent, but not to exceed fifty thousand\ndollars annually.","path":["Racing, Pari-Mutuel Wagering and Breeding Law","Article 14. Interactive Fantasy Sports"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PML/1407","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"f13120d1a03f030c850debd3156d9caa55a66a2d2f7190a3c47c5a313681cf36","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-racing-pari-mutuel-wagering-and-breeding-law-1406","next":"us-ny/n.y.-racing-pari-mutuel-wagering-and-breeding-law-1408"},"notice":"GroundRules: Original legal text. Not legal advice."}