Finally, after years of debate in the legislature, New York online sportsbooks are now available for real-money wagering. Register now to claim our exclusive offers at these NY sportsbooks.
New York online sportsbooks launched in 2019 at a handful of upstate casinos. However, it took until the beginning of 2022 for the first NY online sports betting apps to become playable. The nine licensed online sportsbooks in NY includes a combination of heavy hitters and some newcomers.
They are:
- DraftKings Sportsbook
- FanDuel Sportsbook
- Caesars Sportsbook
- BetRivers
- BetMGM Sports
- Resorts World Bet
NY Sportsbook App | Welcome Bonus | Get The Bonus |
---|---|---|
BetMGM Sports | Exclusive Offer: Get a 20% Deposit Match up to $1,600 in Sports Bonus! | Get Bonus |
BetRivers | 2nd Chance Bet up to $500! | Get Bonus |
FanDuel Sportsbook | Bet $5 Get $150 in Bonus Bets if Your Bet Wins + Boost/Bonus Every Day! | Get Bonus |
DraftKings Sportsbook | Bet and Get up to $300 in Bonus Bets – Instantly! | Get Bonus |
Caesars Sportsbook | Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn’t Win! | Get Bonus |
The only sportsbook that has a license but has yet to make its debut in the Empire State is Bally Bet, which we expect to join the party sometime in spring 2022.
In previous years, the lack of New York online sportsbook options kept the handle and revenue numbers down as other states, like Colorado sportsbooks, throughout the US saw tremendous growth.
However, faced with an increasing budget deficit, the movement to offer online sports betting picked up some serious momentum in 2021, and now it’s finally possible for someone in New York to place a bet online without having to go to a neighboring NJ online sportsbook.
With the retail betting locations hours away from New York City, most bettors were not willing to travel that far. Instead, these bettors went across the border to New Jersey, where online betting is available. Now that mobile wagering is finally from within NY borders, this lost tax revenue will stay in the state where it will benefit its residents.
The allowance of NY online sports betting is a huge boost to the state. It took long a long time for the passing of legal online sports betting, but at last it came in early 2022.
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New York Sportsbooks September 2024
There are currently four non-tribal retail sportsbooks and 7 tribal sportsbooks in New York, all of which are located upstate. New York City has a casino in Yonkers but is not home to any retail betting options, and that has hurt the market in terms of growth.
Retail Sportsbook | Location | Retail Launch |
---|---|---|
Del Lago Resort & Casino | Waterloo | August 23rd, 2019 |
Resorts World Catskills | Monticello | September 5th, 2019 |
Rivers Casino Schenectady | Schenectady | July 16th, 2019 |
Tioga Downs | Nichols | July 19th, 2019 |
Turning Stone Resort Casino | Verona | August 1st, 2019 |
Empire City Casino | Yonkers | TBA |
Point Place Casino | Bridgeport | August 1, 2019 |
Akwesasne Mohawk Casino Resort | Hogansburg | January 22, 2020 |
Yellow Brick Road Casino | Chittenango | September 4, 2019 |
Seneca Buffalo Creek Casino | Buffalo | December 13, 2019 |
Seneca Niagara Casino | Niagara Falls | December 27, 2019 |
Seneca Allegany Resort & Casino | Salamanca | December 17, 2019 |
The FanDuel Sportsbook at Tioga Downs and DraftKings Sportsbook at del Lago Resort Casino are two of the most popular retail sportsbooks in the state. Rivers Casino and Resorts World Catskills are the two other commercial casinos in New York that offer sports wagering.
These commercial New York casinos are among the 9 online books selected to be issued licenses.
Now, in addition to visiting one of these physical establishments to place a wager, people in New York can open an account of one of the nine online sportsbooks that we highlight in this article.
NY Sports Betting Rules
The two major restrictions in New York are:
- Betting on NY college teams or events in the state is not allowed
- Betting is limited to sporting events
Current New York sports betting rules are pretty clear for both retail and online betting. There are just two major restrictions which are highlighted above. Sportsbooks here do have plenty of freedom when choosing available betting markets, with all of the top professional sports in the US being offered.
There are also international betting markets available in NY sports betting, but these options vary by sportsbooks. Each book will choose what sports or leagues to feature, but there is a long list available to them.
Several states in the US have limitations when it comes to collegiate sporting events, and NY is no different. This does hurt the betting market as NY has some popular local college sports teams.
Betting on esports is also illegal in New York as it is not deemed a sporting event. This restriction also applies to betting on awards shows such as the Grammys or Oscars.
NY Sports Betting Regulations
NY sports betting actually dates all the way back to 2013 when voters in the state passed a referendum to expand gambling in the state. Sportsbooks were included in that referendum, but the state has to wait for the federal ban on sports betting to be lifted, which didn’t happen until 2018.
The New York State Gaming Commission approved sports wagering rules and regulations in January 2019 even though legislation was not signed. There were some attempts during that year to allow for online sports betting as well, but those bills died out quickly.
Senator Joseph Addabbo has long been the state’s leading proponent of legalization, and introduced several bills to regulate online sports betting. He had trouble getting the bills out of the state Senate until 2021 when there was finally a breakthrough due to the state’s revenues significantly decreasing due to COVID. In spring 2021, the state budget that included language to legalize sports betting was passed by the legislature and signed into law by Governor Cuomo.
Governor Andrew Cuomo was originally an opponent of NY online sports betting, claiming that a constitutional amendment was needed to add that form of betting. Cuomo changed his stance and became a supporter of legal online sportsbooks in the state.
NY Online Betting Gets Passed
After the state budget was signed into law in spring 2021, state regulators got to work developing rules and guidelines for regulated online sports wagering, including setting a tax rate at an unheard of 51 percent. At the end of 2021, after accepting applications from sportsbooks wanting to do business in the state, nine sportsbook operators were selected to offer online sports betting through mobile betting apps.
This list included a consortium of FanDuel, DraftKings, BetMGM, and Bally Bet. Another group of operators is made up of Caesars, Wynn Interactive, Resorts, PointsBet, and Rush Street Interactive.
The third group of operators that did not get access to the licenses consisted of Fanatics, Penn National’s Barstool Sportsbook, and celebrity music mogul Jay-Z.
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The holy grail-moment for the Empire State came in early 2022 when the first 4 out of 9 total mobile wagering platforms became downloadable for people in NY. Online sports betting was finally legal in New York! Since then bettors have flocked to the sportsbook apps, quickly making New York the state with the most revenue generated from sports wagering.
Summary
New York can catch up to the lost tax revenue now that it has finally permitted the launch of online sportsbooks in 2022. NY sportsbook apps have immediately boosted the state’s revenue.
New York is loaded with professional sports teams to help drive the industry, and now they are taking back bettors lost to neighboring states. There are some big-name platforms in NY taking bets, both online and retail.
After just a few months New York online sportsbooks became the biggest sportsbook market in the country. Online sports betting in New York will continue to drive the way; however, retail books will continue to add a significant portion of revenue to the industry.
New York Sportsbooks FAQs
Yes! As of January 2022, you can open an online account at BetMGM Sports, PointsBet, DraftKings Sportsbooks, FanDuel Sportsbook, Caesars Sportsbook, and BetRivers Sports, Resorts World Bet, and WynnBET. Bally Bet will be live sometime later in 2022.
– Del Lago Resort & Casino in Waterloo
– Resorts World Catskills in Monticello
– Rivers Casino in Schenectady
– Tioga Downs in Nichols
– And several other tribal casinos located upstate
All operating sportsbooks in the state are going to be taxed on 51% of their gross gambling revenue. This is quite high for industry standards, but NY is expected to be an extremely valuable state so many operators are happy to pay this “entry fee.”
You will also receive free bets, bet credits, and bonus bets as prizes or awards for making a certain number of bets or meeting a dollar amount of wagers.
Yes, this counts as income and you are expected to declare winnings from gambling on your taxes. Make sure you enter the correct number in the appropriate field when you submit your taxes annually.