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

§ 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.\n