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Education Funding

Politics
Heated New York Race Most Expensive Congressional Primary Ever With $25M Spent Heated New York Race Most Expensive Congressional Primary Ever With $25M Spent
Heated New York Race Most Expensive Congressional Primary Ever With $25M Spent The closely-watched Democratic race between Westchester County Executive George Latimer and incumbent Rep. Jamaal Bowman for New York's 16th District seat is about to come to a close as the most expensive congressional primary in history, according to reports. CBS News says nearly $25 million has been raised and spent during the race, which will be decided on Primary Election Day on Tuesday, June 25. Over half of this amount, $16 million, has been put toward anti-Bowman attack ads and was largely spent by United Democracy Project, a super PAC of the pro-Israel group American Israel Public…

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by Ben Crnic
Sports
Here's How Much Mobile Sports Betting Has Generated For NY In 1st Year, Where It's Going Here's How Much Mobile Sports Betting Has Generated For NY In 1st Year, Where It's Going
Here's How Much Mobile Sports Betting Has Generated For NY In 1st Year, Where It's Going New York State has raked in some serious cash since mobile sports betting was legalized one year ago. In all, the Empire State has collected more than $709.2 million in tax revenue on such betting, the highest in the nation, according to Gov. Kathy Hochul’s office. Another $200 million was collected from licensing fees. That revenue came from the more than $16 billion that was wagered on sports since betting was first allowed in January 2022. So, where is all that tax revenue going? The overwhelming majority, nearly $700 million, goes toward education funding, the governor’s office said. …

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by Michael Mashburn