Legal Sports Betting New York

Jan 19, 2021 Legal sports betting in New York dates back to 2013 when the state passed the upstate New York Gaming Economic Development Act. The measure amended the New York state constitution and authorized four unbuilt casinos to eventually accept sports wagering. Sports betting is legal in New York due to a referendum approved by voters in 2013 permitting the state’s four upstate commercial casinos to operate retail sportsbooks pending a change in federal law. The Supreme Court took care of that with its landmark ruling against PASPA in 2018. Sports betting is legal in New York due to a referendum approved by voters in 2013 permitting the state’s four upstate commercial casinos to operate retail sportsbooks pending a change in federal law. The Supreme Court took care of that with its landmark ruling against PASPA in 2018. New York Legal Sports Betting Could Make $1.14bn a Year, New Study Reveals. The New York State Gaming Commission initiated the study in September 2019; The study predicts annual sports betting revenue of $816m to $1.14bn in the market’s sixth year; Spectrum also anticipates sports betting tax revenue between $74m and $104m in year six; Mobile sports betting bills are progressing, but lawmakers disagree over the preferred model.

New York now has legal sports betting, although it’s not online yet. Just under a dozen upstate casinos can operate brick-and-mortar sportsbooks at the moment.

Daily fantasy sportsand horse racing are also legal — and regulated — in New York.

Read on for more information about all of the sports gaming options in the state.

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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, 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.

Legal Sports Betting New York

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

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