New York Legal Sports Betting
The history of all major sports run through New York.
From the most decorated MLB franchise in the New York Yankees to storied organizations such as the New York Knicks of the NBA, the Empire State takes claim to 10 teams across the four major professional leagues in North America.
Now, we’ve got an idea of what could be in store, as Legal Sports Report says Senator Joe Addabbo Jr. And Assemblyman Gary Pretlow have unveiled an updated version of a proposal that was previously shot down that outlines a vision for how mobile betting could be instituted. Under the law, up to 14 different companies would be allowed to pay.
New York Legal Sports Betting Sites
Now, folks in New York can legally bet on those franchises — at retail sportsbooks, at least.
As it has been since 2019, when regulated brick-and-mortars began cropping up in New York, legal wagering in the state is limited to physical sportsbooks located at four commercial casinos and seven tribal casinos.
- New York's four brick-and-mortar casinos didn’t reopen until Sept. 9, and its lack of online sports betting has left the state a handle far behind New Jersey's. AP Photo/John Locher New Jersey reported record sports wagering volume for a second consecutive month in September ($749 million, +12% MoM), with operators retaining $45.1 million.
- Feb 03, 2020 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.
Lawmakers and stakeholders have long fought for the addition of online sports betting in New York. To this point, though, each attempt has been rebuffed, thus creating quite the restriction on the industry.
Not all is lost for bettors in the state, however. Nearby New Jersey boasts a host of betting apps that New Yorkers can download at home before using to place wagers while physically located in the Garden State.
Certainly, though, the fight to integrate NY online sports betting will continue — hopefully with a happy ending.
Sign up at these online sportsbooks in NY and bet in NJ
