Online Sports Gambling New York
With Legal-Gambling-USA.com, enjoy our selection of online sports betting websites legal in New York to bet online legally.
As home to a bevy of historic sports franchises, major media corporations, professional sports league headquarters, and a pool of thousands of new sports bettors, New York’s foray into legal sports gambling has been closely scrutinized. Online sports betting legalization could yield as much as $900m in annual revenue and $108m in tax revenue for the state of New York according to projections made by sports news betting portal NY Sports Day. It predicts that New York stands to become one of the largest US markets for legal online sports betting, pending. Part of the reason why New York online sports betting is taking a long time is that the governor of New York will not allow an expansion of the state’s gambling regulations within an amendment first. Luckily for poker fans, a bill has been introduced by New York State lawmakers to allow for online poker to be played using real money legally. As you can see, you have online gambling options in New York with fantasy sports, online horse and greyhound racing and seven skill games on reliable platforms. When it comes to online casino games things are still a bit murky but for online poker on the other hand, there’s a good chance that players could be betting online by 2020.
This ranking only list online sports betting websites authorized in the state of New York.
The sports betting situation in New York has proven itself to be somewhat complex. New York has passed sports betting legislation, but as of early 2020 it is only available at brick-and-mortar establishments in the state. There is a push in the state legislature to have mobile sports betting platforms approved and running by the end of 2020.
Governor Andrew Cuomo has hesitated to give online sports the go-ahead, but most of those close to the situation believe the Plan, Pass, and Prepare strategy proposed by some state lawmakers will make legal online sports betting in New York a reality by December 31, 2020.
In the meantime it is still possible for any adult in the state that is over the age of 21 to place bets in a live sportsbook. The sports offered include baseball, hockey, and boxing. Players are allowed to participate in parlay and teaser wagers as well as make bets on a single event.
Online Sports Gambling New York State
The sportsbooks in New York are all primarily located upstate. The addition of online betting will give many more people the opportunity to make wagers. Many lawmakers are eager to make mobile platforms legal because New Jersey and Pennsylvania have already done so. New York does not want to lose sports betting revenue to neighboring states.
A disappointment for New Yorkers
Fans of sports betting in New York are unlikely to be able to place online sports bets in 2020, judging by comments from Governor Andrew Cuomo in his budget proposal address.
Online Sports Gambling In New York
an existing 2018 ban on mobile sports wagering largely unaltered
Cuomo released his proposal for the annual budget for the fiscal year 2021 on Tuesday. It includes a small-scale expansion of the legal retail sports betting market currently operating in the state, but leaves an existing 2018 ban on mobile sports wagering largely unaltered.
Cuomo’s plan for retail sportsbooks
Governor Cuomo’s proposed budget would allow retail sports betting to take place outside the sportsbook lounges of the state’s commercial and tribal casinos. This would see the gambling facilities potentially able to open up external betting windows or self-service betting kiosks in different areas of their property.
The four upstate commercial casinos in New York have legal retail sportsbooks open. Some of the tribal gambling facilities in the state also run retail sportsbooks. Currently, these operators are not allowed to offer mobile or online wagering. New Yorkers looking to place a sports bet have to travel upstate or cross over the border into New Jersey.
The road to legal online sports betting
Governor Cuomo has remained insistent that a constitutional amendment would be needed to legalize online sports betting in the Empire State. This would see the issue go to a public vote for final approval.
legalization could generate $1bn in revenue annually for the state
One of the main proponents for legal online sports betting in New York is Senator Addabbo Jr. He believes no such constitutional amendment is required, and that legalization could generate $1bn in revenue annually for the state.
Addabbo had been hoping Cuomo would change his stance on the issue. However, the budget address on Tuesday shows this is not yet the case.
Despite having to deal with a budget deficit of $6bn, Cuomo believes that allowing online sports betting could be irresponsible. He said, “This is not the time to come up with creative although irresponsible revenue sources to solve a problem which doesn’t really exist.”
Is there any hope?
The budget proposal address certainly dampens the chances of legal online sports betting for New Yorkers in 2020.
However, the respective legislative chambers could still negotiate a compromise before April 1. This is the date by which the houses are to submit their own budget proposals and agree on a final version. It is also possible for online wagering legislation to be introduced and gain approval before the end of the legislative session on June 2.
Addabbo reacted, saying, “I am hopeful that mobile sports betting is on a similar road as some other issues, such as paid family leave and medical marijuana, which were initially rejected by the governor.”