Ny Legal Sports Betting
Posted By admin On 29/03/22- New York online sports betting and mobile betting As indicated, New York only authorizes retail sports betting at its commercial and tribal casinos. Obviously some lawmakers are looking to green-light regulated online wagering, which would help the state truly realize its billion-dollar revenue potential.
- Jan 06, 2021 “New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting we aim to keep millions of dollars in tax revenue here at home.
FanDuel CEO Matt King spoke about the booming growth of legal sports betting in the United States, particularly in + this photo to the FanDuel Sportsbook at Meadowlands Racecourse in New Jersey, the gold rush as it spreads to other states like New York, Super Bowl plans and his thoughts on setting stock exchange as a business.
A sports betting launch in New York would be huge. We all know that. New York has a massive population with over 18 million citizens inhabiting it. For perspective, New York is fourth in the entire country in total population according to the US Census Bureau.
The rumors come strongly fueled by Governor Andrew Cuomo saying in a recent press conference that the heavily indebted state could look to sports betting for tax dollars.
Senator Abbabbo spoke with our own Chris Gerlacher about the excitement of potentially adding mobile sports betting. The state is badly in need of revenue with the COVID-19 pandemic hitting the state extremely hard.
Companies Are Chomping At The Bit For New York Sports Betting
As 2021 kicks off, Penn National Gaming has received the highest target rating in its history. At a whopping $101 target, Bank of America is exceedingly optimistic that 2021 will be a big year for gambling. However, this might not be all that outlandish.
Currently sitting at $92 per share, rumors of impending legalization from other states (mainly New York) are changing the way analysts value these companies.
New York is not the only state that could look to legalize sports betting in the near future. Virginia, Michigan, Maryland, and Missouri are just a few states that plan to legalize or launch sports betting in 2021.
Company valuations will skyrocket if New York launched online sports betting in the near future. This is why companies must be prepared on a moment’s notice so they can get to the market quickly.
Sportsbooks Prepared To Launch First In New York
Here are some of the top sportsbook brands we anticipate would be the first to launch in New York if legalization comes to pass. This is because of their overall market share in the US, their ability to be the first to launch in other states, or their connection to New York.
BetMGM Sportsbook
- BetMGM owns Yonkers Raceway and Empire City Casino in New York. They have a rock-solid foundation in New York. The expectation is they would be one of the first companieses to operate a sportsbook in New York.
DraftKings Sportsbook
- DraftKings Sportsbook is perhaps the largest online sportsbooks in the country. They also operate a retail location at the del Lago Resort and Casino in Waterloo. They will use this as a clear partnership to obtain a license and prepare to launch in New York as soon as they are cleared.
FanDuel Sportsbook
- FanDuel has serious roots in New Jersey and New York. The at-the-time Attorney General Andrew Cuomo battled FanDuel and DraftKings over the legality of Daily Fantasy Sports in the state. They obviously won the case and are now operating a physical location in Tioga Downs Casino. Having a partnership in the state is the fast track to operating a mobile sportsbook in New York.
BetRivers Sportsbook
- BetRivers operates Rivers Sportsbook in Schenectady, New York. They have a history of launching first in states that they operate. They will be prepared when sports betting is available in New York.
Close, But Not Quite Ready
William Hill/Caesars Entertainment
- Caesars Entertainment is set to buy William Hill within the calendar year. Caesars is preparing for New York as they are attempting to build a casino resort in New York. The current proposal would be for Caesars to build a $750 million casino 55 miles away from New York City.
- If the proposal were to go through, Caesars would have a quick opportunity to get William Hill sportsbook operational. They are one of the largest sportsbooks in the country and backed by an international reputation for sports betting.
Not Quite Ready For New York Sports Betting Launch
These sportsbook brands are expanding rapidly across the US, but do not have a current presence in New York State. The rules are not set yet in New York as to whether these sportsbook brands would need to partner with a local retail casino, but that is a common requirement in almost every state with legal online sports betting.
PointsBet Sportsbook
- PointsBet does not have a clear route to a partnership in New York. The young sportsbook would need to reach an agreement with a casino in New York before they could launch. They have a partnership with NBC which could help them land a partnership with a casino.
Golden Nugget Online Sportsbook
- Golden Nugget does not operate any retail locations in New York. Furthermore, they are in the process of merging with Landcadia Holdings. Once this is complete, they will work to expanding their reach past just New Jersey and Nevada.
Barstool Sportsbook/Penn National Gaming
- PENN does not own or operate a casino in New York at this time. There does not appear to be any movement in this area yet. They could look to partner with any of the remaining casinos if given a green light.
Is Sports Betting Legal In New York?
New York sports betting has taken a turn in the right direction, but there’s still more work to do to catch up with its neighbors.
As of January 2019, New York State offers physical sportsbooks. The closest in-state option to New York City is Resorts World Catskills in Monticello, while most of the rest are located in Upstate New York toward Binghamton, Syracuse, and Albany.
Mobile Sports Betting In New York Update
While the state has yet to legalize online sports betting, it was discussed as part of an emergency revenue-raising strategy in 2020 during the COVID-19 pandemic. Nothing came of the measure, but a new glimmer of hope emerged in January of 2021. However, it came with a catch. New York Governor Andrew Cuomo voiced his intent to support mobile sports betting in the state. The catch? He wants a lottery-run sports betting monopoly.
It remains to be seen what form mobile sports betting could take in The Empire State, but the Governor’s change of stance on the topic certainly bodes well for New York sports betting.
According to State Senator Joseph Addabbo, the senator spearheading the campaign to bring mobile sports betting to New York, there is a possibility that mobile sports betting could become legal. In October 2020, NY Sports Day interviewed Sen. Addabbo about the chances and he seemed positive. It’s likely that Sen. Addabbo will be bringing legislation forward in January 2021 in order to see mobile sports betting added to the New York State budget before an April 1, 2021 deadline.
Addabbo clearly recognizes the importance of mobile betting to the New York economy. New York online sports betting could help plug a multi-billion dollar budget deficit that was exacerbated during 2020. Mobile sports betting could bring in $900 million annually in state revenue.
Governor Cuomo, thus far, has stood in the way of progress on this front, finding any movement on gambling in New York State would require an amendment to the state Constitution. He seems to have changed his tune as of June 2020. The mobile sports betting bill passed the state senate by a vote of 57-5, so at this point, Governor Cuomo’s signature is the final hurdle.
On January 20, 2021, State Senator Addabbo and Assemblyman Gary Pretlow’s bill is making progress. The legislation was voted out of committee, indicating strong support from the Assembly and State Senate. Cuomo still supports the lottery-run model, however, so it remains to be seen how far this bill will progress before New York lawmakers must decide between the two formats.
On January 26, 2021, Spectrum Gaming Group released a study in conjunction with the Ney York Gaming Commission. The study outlined possible reasons for bringing mobile sports betting to the Empire State along with recommendations for adding new casinos to the downstate region.
Current NY Online Sportsbook App Options
While waiting for mobile sports betting in New York, it is possible to sign up at these online sportsbooks in New York and bet in New Jersey or Pennsylvania.
If you would like to place wagers online or via a sportsbook app, your best choice is to sign-up and deposit while in New York and cross the border into New Jersey or Pennsylvania to place your bets. New users at DraftKings get a 20% deposit bonus up to $1000. This is likely a faster option than going to any of the physical New York sportsbooks which are listed below.
A great option for NY players that are willing to travel to New Jersey to place bets. New users at Sugarhouse sportsbook get 100% up to $250 dollars with a 1x wager requirement. This is a great bonus for players looking for a solid sportsbook with an easy to get bonus.
Download In New York And Bet In New Jersey
Here are all of the mobile sportsbooks that licensed in New Jersey and available to New Yorkers once they are inside of New Jersey state lines:
- DraftKings Sportsbook
- PointsBet
- SugarHouse Sportsbook
- BetMGM Sportsbook
- William Hill
- 888 Sport
- Caesars Sportsbook
- FOX Bet
- Hard Rock Sportsbook
- Golden Nugget Sportsbook
- BetAmerica
- Bet365 NJ
- theScore Bet
- Borgata Sports
- Unibet Sport
Live New York Sportsbook Locations
For the time being, New York sports betting locations are limited to land-based casinos. Legally, New Yorkers cannot yet place a bet online or at an off-track betting (OTB) facility.
Here are all the casino locations currently accepting NY sports bets. We’ve also included whether there’s a New Jersey sportsbook app for those who find themselves in the Garden State.
Casino Sportsbook | Location | Distance From Manhattan | NJ App? |
---|---|---|---|
Resorts World Catskills | Monticello | 90.8 Miles | Bet365 |
Rivers Casino | Schenectady | 161 Miles | BetRivers Sportsbook |
Tioga Downs Casino | Nichols | 216 Miles | FanDuel Sportsbook |
Turning Stone | Verona | 254 Miles | Caesars Sportsbook |
Yellow Brick Road | Chittenango | 265 Miles | Caesars Sportsbook |
del Lago Resort | Waterloo | 276 Miles | DraftKings Sportsbook |
Point Place Casino | Bridgeport | 268 Miles | Caesars Sportsbook |
Akwesasne Mohawk Casino | Hogansburg | 370 Miles | FOX Bet |
Top 3 Best Sportsbooks In New York State
DraftKings Sportsbook
There is simply no avoiding the two most successful mobile sportsbook apps, FanDuel and DraftKings. They’re producing successful results in both New Jersey and Pennsylvania that hit too close to home for New York to ignore.
In fact, DraftKings currently operates a sportsbook app in seven of the legal online betting states. Now, success in other states notwithstanding, DraftKings has an affiliation on their side. DraftKings sportsbook app in New Jersey is under the sports betting license of Resorts World.
This is the same Resorts World that operates three casinos in New York. One of their locations is the Resorts World Catskills, and it’s one of the legal sportsbook venues in New York.
Due to DraftKings’s massive customer base, proven track record, and ties to current New York sportsbook operations, they’re at the top of any list of candidates for New York mobile sportsbook app providers.
Plus, the DraftKings app in other states is currently pushing $1,000 worth of new accounts and first deposit incentives, so it can’t come soon enough.
FanDuel Sportsbook
FanDuel has just as strong a chance of gaining access to New York’s mobile sports betting market as its daily fantasy sports (DFS) rival DraftKings. They’re currently operating successful mobile sportsbook apps in five states, with bordering New Jersey and Pennsylvania being two of them.
One of the current physical FanDuel sportsbook locations in New York is at the Tioga Downs Casino Resort. FanDuel provides all sportsbook operations at this venue.
Already having skin in the New York sports betting game should certainly bode well for FanDuel. And the fact that they have overwhelmed their competition right across the border in New Jersey will be a huge factor as well.
FanDuel and DraftKings have a huge sportsbook app presence already established across the country. One or both operate in nearly every state where online betting is legal, and their DFS platforms are the far and wide leaders. They also provide the logistic platform for a number of brick-and-mortar sportsbook facilities, including at a couple of New York sportsbooks.
When FanDuel does launch its sportsbook app, FanDuel will almost certainly pass along the same $500 risk-free first bet opportunity it offers in other states.
Rivers Sportsbook
BetRivers doesn’t have the kind of name recognition as FanDuel and DraftKings. But their mobile app is offered in New Jersey, Pennsylvania, Illinois, Indiana, and Colorado.
Legal Sports Betting Delaware
So whenever New York decides to allow online sports betting, you can expect the BetRivers app to be one of the choices.
In the meantime, you can head to Schenectady, NY; Philadelphia, PA; or Pittsburgh, PA to experience the Rivers Sportsbook in person. It’s the same odds you’ll find on their highly popular sports betting website. And you can use the odds picker to make your selection ahead of time.
At the Schenectady location, you can bet via 14 self-serve kiosks or six betting windows. They have close to two dozen TVs, luxury seating, and food and drink service.
Not too shabby, but we’re holding out for the online version. In New Jersey, the BetRivers app will double your first deposit up to $250.
The Recent History Of New York State’s Sports Betting Legislation
Brick-And-Mortar Sportsbooks
New York’s legislators approved regulations for sports betting at physical locations in January 2019.
After watching New Jersey’s success, lawmakers realized that revenue was simply walking across the proverbial state line. When Pennsylvania legalized sportsbooks, the problem compounded. The idea that New York would hand over much-needed financial revenue seemed senseless to all residents and sports fans alike.
Nevertheless, it took roughly a year to open the first sportsbook. But in October 2019, folks in Upstate New York could finally place legal sports bets.
Even though New York was the 14th state to permit sports betting, it restricted sportsbook venues to four upstate casinos. They included no provisions in the legislation for mobile betting. Many were scratching their heads at this development.
Online Sportsbooks Apps
While lawmakers saw the success of other states that came before them, they seemed to ignore the numbers. In June 2019, Senator Joseph Addabbo Jr. attempted to amend the sports betting bill to include online wagering.
The bill passed the New York Senate by a 57 to 5 vote. However, Governor Cuomo vetoed the bill. There was overwhelming support for an online amendment to the final sports betting legislation, but Cuomo publicly said he would not approve it.
To date, there seems to be little progress toward opening up New York to mobile sports bettors. New Jersey specifically showed tremendous promise from each licensed sportsbook app operating in the state. Eighty percent of the betting revenue was generated online.
Why So Much Resistance From The Governor?
The path to legal sports betting in New York was bumpy. Clearly, the process of including mobile sportsbook apps is proving even more difficult. Nearly all the resistance comes from the governor’s office. Most who hope to change his mind are at a loss for any actual reason.
Governor Cuomo’s black eye in a battle with two prominent sportsbook players, FanDuel and DraftKings, may be part of the issue. Cuomo lost that battle to have each of these daily fantasy sports (DFS) companies ruled illegal in his state, and both offer DFS in NYS today.
While there is no direct evidence pointing to any personal animosity, it would seem his resistance to online sports betting is a reality. And some assume it stems from his administration’s legal defeat.
As New York faces extreme financial hardship due to COVID-19 and other factors, it would seem like a time to put petty differences aside. And there is some hope from the final outcome of the New York vs. DFS legal squabble.
The governor ultimately did sign the law in August 2016, which ruled that daily DFS contests are not a form of gambling. There were rumors that Cuomo was going to veto that bill, but he didn’t.
Regardless, since The United States Supreme Court overturned the federal ban on sports betting in 2013, New York’s highest office has displayed reluctance toward welcoming mobile sportsbook operations with open arms. In fact, it’s been essentially a no-go proposition.
In his defense, Cuomo insists that legal mobile sports betting would require amending the New York State Constitution. Despite a collective bipartisan disagreement on that being legal truth, that’s really the only bonafide reason the governor presented.
The governor also floated the idea that he had reservations about everyone being able to bet from their phone. During a radio interview, Cuomo wasn’t pressed on his reasoning behind that substance-lacking excuse.
Problem gambling in his state seemed to be the impetus behind his concerns. However, lawmakers have already visited this problem inside the legislation. The bill to amend the legal sports betting law included 14 points to deal with problem gambling issues.
While lawmakers have apparently tried to dot all their i’s and cross all their t’s, Cuomo still voices resistance to mobile sportsbooks. However, the staff at the New York Treasurer’s Office may be whispering to him that a new wind of change needs to be in the air.
Could Change Be In The Air?
New York was in bad financial straits before the coronavirus pandemic. Now, the state is staring down the face of bankruptcy after COVID-19 has devastated its already bleak monetary outlook.
There isn’t a single state currently allowing legal sports bets that hasn’t benefited financially from the decision. New York lawmakers realized that when they agreed to open physical locations.
Nevertheless, there is no disputing the massive amount of betting handle that is wagered using mobile devices. Reports surfaced last year that Senator Addabbo was pushing his mobile app legislation, and 84 lawmakers supported the idea.
Can New Yorkers Bet Using New Jersey Sports Betting Apps?
New Jersey is one of the most liberal states when it comes to online gambling. They currently offer online sportsbooks, online casinos, and poker sites, which covers all the bases.
On the online sports betting front, New Jersey has at least 17 different sportsbook options. The state also does not require you to register in-person, which means you can download the app and sign up for an account from New York State (or anywhere else in the country).
However, you do need to be physically located in New Jersey to place a bet through the online sportsbooks.
Physical New York Sportsbooks Are Online In New Jersey
As painful as that fact may be, all the top sportsbooks in New York State are available to bettors in the Garden State – and they don’t need to leave home to wager. But there’s good news.
If you’re willing to enter New Jersey to bet, you can participate in the welcome bonuses, place bets, and withdraw your winnings despite being an NYS resident. The only requirements are that you’re at least 21 years old and you’re within New Jersey state lines.
Is It Legal For New Yorkers To Bet In New Jersey?
Yes, it is completely legal for you to travel to New Jersey and bet online. You don’t even need to leave your car. Just make sure location tracking is turned on in the app, pull over somewhere safe, place your bet, then head on home.
If you’re closer to the New Jersey border than you are to a New York sportsbook, this is likely the easiest way to place a legal bet. The same is true for New York State residents who live close to the Pennsylvania border.
New York Sports Betting: Everything You Can And Can’t Bet On
Sports You Can Bet On In New York
You can bet on all forms of professional and out-of-state collegiate sporting events listed at the sportsbook. You can also bet on international competitions, from Korean baseball to French soccer.
The most popular sporting events for folks in New York include:
- Super Bowl
- World Series
- NCAA March Madness
- The World Cup
The professional New York and New Jersey teams that inspire the most betting are:
- New York Knicks
- Brooklyn Nets
- New York City FC
- New York Mets
- New York Rangers
- Buffalo Bills
- Buffalo Sabres
- New York Islanders
- New Jersey Devils
Sports Wagers Not Offered In New York By Law
You cannot bet on in-state college athletics in New York State. That means powerhouses like Syracuse, Buffalo, and Army are strictly off-limits.
You also can’t bet on high school sports or any sport with participants under the age of 18 (like esports).
What Are The Types Of Sports Bets Available In New York?
As long as you’re not betting on in-state colleges and universities, everything else is fair game. You can bet as much as the sportsbook is willing to accept as well. And you should be able to wager for as little as $1.00 or less.
The specific types of bets might depend on the sportsbook. But all of the sports betting outlets in New York State offer the following options:
- Moneyline
- Points Spread
- Totals (Over/Under)
- Futures
- Prop Bets
- Parlays/Accumulators
All New York sportsbooks also offer in-game (AKA live) betting, where you can place a bet on a game after it’s begun.
Beyond those options, things get a bit more nuanced. Specific sports have specific types of bets. For example, the Grand Salami for hockey. Some sportsbooks will offer teasers and pleasers, others won’t.
You can call ahead to see what’s on offer before driving to a casino. Many sportsbooks also have a “bet builder” tool on their website so you can determine your bets ahead of time.
Are There Bonuses At Physical Sportsbooks In New York?
No, not in the same sense as an online sportsbook bonus. The casino may have some promotional offers, such as a spin for a prize when you sign up for their reward program.
But the “first deposit” and “risk-free” bet offered by Caesars, DraftKings, FanDuel, and BetRivers are not offered at the physical location. When online sports betting comes to New York, you’ll have your pick of numerous bonus offers.
However, it’s still worthwhile to sign up for the rewards programs. You can earn points that can be used toward hotel stays, tickets to shows, free meals, and other special offers.
Is It Worth It To Use Illegal Sports Betting Sites?
No. Some people will beg to differ with us on that, but it’s just not.
Offshore betting sites are breaking New York State law. In fact, their lack of oversight allows them to offer their services practically anywhere. The question is: What else can these websites do with impunity? When a bettor doesn’t have any real recourse if there’s a dispute, that’s an unsafe betting site, period.
What’s to say your personal information is safe? Will you be paid out your winnings? Are the bonus terms and conditions reasonable, or are they designed to rip you off?
You can do research, read reviews, and weigh the risks. But at the end of the day, isn’t gambling risky enough? Do you really want to add potentially joining an illegitimate website into the mix?
It’s understandable that someone might consider offshore alternatives. If you just want to put ten bucks on the game you’re watching, it’s probably not worth it to get in the car and drive to Chittenango, NY, or the New Jersey border.
But the safest answer isn’t to join an illegal site. The safest choice is to not bet on the game.
Remember to Gamble Responsibly. Call 1-800-GAMBLER if you think you have a gambling problem.
Sports Betting In NY – Common Questions
Yes. In January 2019, New York State legalized sports betting, and the first locations opened in October 2019. New York currently prohibits online sports betting in every form except for Daily Fantasy Sports (DFS). But New York residents can travel to New Jersey or Pennsylvania to legally place online sports bets.
Technically, yes. But no casino in New York City offers sports betting, and OTB facilities cannot host sports betting.
In fact, the state’s largest casino, Resorts World at JFK Airport, does not host a sportsbook.
That means New Yorkers need to travel upstate or into neighboring states to place a legal sports bet.
If you are physically located within New Jersey, you are able to place online bets via any of the New Jersey sportsbook apps. You are allowed to sign-up and deposit while in New York but sports betting apps check your location (via GPS) when placing a bet.
We estimate that NY online sports betting would bring $900 million dollars in annual revenue and up to $1.3 billion if skins are allowed. New York would quickly become one of the largest online sports betting markets in the United States.
Between 18 and 21. At New York State tribal casinos, the gambling age is 18. At commercial casinos, the gambling age is 21. You’ll still need to be 21 at the tribal casinos to purchase alcohol or gain access to some events.
Yes. But not if any of the competitors are under the age of 18, which may be why you rarely find esport contests listed at American sportsbooks.
The most prominent professional teams employ the best players in the world, many of which are under 18. But it is possible to see bets on the highest profile tournaments, such as the League of Legends World Championship.
All professional and collegiate level sports except for in-state schools. You can bet on all major leagues in the US and internationally. All NCAA contests are also fair game unless they involve schools like Syracuse, Buffalo, and so on. You cannot bet on amateur or high school sports, the weather, TV, or politics either.
Yes, as long as no in-state schools are playing. That means most Division 1 NCAA schools are fair game. And if you are betting on out-of-state schools, you should be able to place all the same bets as you would on a professional sport, including in-game betting.
But betting on college football games that feature Syracuse, Buffalo, Army, or any other in-state school are explicitly not allowed.
Yes. You’ll need to pay the 24% federal income tax as well as New York income tax on net gambling winnings. This includes anything won at the casino, sportsbook, or lottery. You also may need to pay an additional city tax depending on where you live in the New York Metropolitan Area.
Yes, the physical DraftKings Sportsbook has a presence in New York. You can find the DraftKings sportsbook at del Lago Resort, which is located in the Finger Lakes region.
DraftKings does not yet have an app available in New York. They’ll need to wait until the state greenlights online sports betting.
Yes. The FanDuel Sportsbook is available in Tioga Downs Casino in Nichols, New York, a racino that offers both casino games and sports betting as well as on-site horse racing.
New York Sports Wagering
However, the FanDuel Sportsbook app can only be used if you travel to Pennsylvania or New Jersey, where online sports betting is legal.