3/23/2022

New York Sports Gambling Legal

  1. Will New York Legalize Sports Gambling
  2. Legal Sports Gambling New York

New York became a legal sports betting state in July 2019.

Will New York Legalize Sports Gambling

New York will either enact a mobile sports betting law or begin the two-year process of amending the state constitution to extend beyond the upstate casinos. In 2019, New Jersey did $4.5 billion in sports bets, some of those dollars undoubtedly came from New Yorkers, whose state doesn’t currently offer mobile sports betting. New York actually passed a law back in 2013 to allow sports betting at a number of on-site locations, pending the removal of the federal ban on sports betting by the Supreme Court. That decision arrived in May 2018, and it paved the way for legalized sports betting in New York which is expected to start sometime in 2019/2020. New York lawmakers have been feeling almost constant pressure to legalize sports betting since PASPA was overturned, as New Jersey became one of the first states to launch legal sports betting. The Garden State made sports betting legal in on June 14, 2018, and accepted its first sports bet at Monmouth Park and later at the Borgata in Atlantic. Sports betting is legal in New York state now and each sport has specific rules for what you can wager on. Below are the bets you can place on football: If applicable all wager options approved.

In a spectacular launch, politicians and athletes gathered at the Rivers Casino in Schenectady. The city’s Mayor Gary McCarthy placed the first bet.

Since then, seven more land-based casinos in New York have opened sportsbooks. The four commercial casinos in the state are joined by four tribal casinos.

Online sports betting has yet to launch in New York, but there are rumblings that mobile wagering may not be too far in the future. PlayNY will keep you informed about all the latest launches, news and updates surrounding sports betting in New York.

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Sports betting legalized in New York, with limitations

The delay of over a year between decision and sports betting launch was mainly political. Various attempts to get specific sports betting legislation through the legislature stalled out.

Finally in January, the New York State Gaming Commission (NYSGC) approved regulations to allow sports betting to take place.

Those regulations restricted sports betting to the four Upstate casinos plus the state’s tribal casinos. No online or mobile sports betting is allowed per the regulations.

The last attempt to legislate for a more up-to-date legal framework failed in June. State Sen. Joseph Addabbo Jr managed to get his S17-D bill through the Senate by a vote of 57-5. Unfortunately, Governor Andrew Cuomo did not support it, and even though the votes were probably there in the Assembly, it was not put to a vote

ContentsOf all the 38 states that have introduced a sports betting bill, New York’s situation is perhaps the messiest. New York lawmakers failed to include sports betting revenue as part of their most recent state budget on April 1, 2019. State lawmakers are having trouble finding a consensus on how they want to implement sports betting in New York. New York is losing revenue to neighboring states with each passing day. Decisions need to be made quickly. Otherwise, New York will get caught waiting another year before being able to bring online and mobile sports betting to New Yorkers. A mistake that will cost the state millions in revenue.

Sports betting is currently legal at the four upstate commercial casinos. Land-based sports wagering was approved in 2013. However, there are currently no legal New York sportsbooks open. While the four commercial casinos in New York are the only ones who can currently apply for a sports betting license, lawmakers are looking to expand the option to tribal casinos and off-track betting facilities.

Back in 2013, New York voters passed a referendum that allowed for gambling expansion in the state. The New York Gaming Economic Development Act allowed for the construction of four commercial casinos in upstate New York. As part of that Act, those casinos were permitted to allow sports betting, so long as each casino got approval from the state’s gaming commission.

The Supreme Court ruling in May of 2018 to remove the federal ban on sports betting has allowed for the state of New York to make steps towards launching sports betting at those casinos.

Gambling

New York’s Four Commerical Casinos

Tioga Downs Casino Resort

Tioga Downs Casino was the first of the commercial casinos to open its doors in December 2016. A $134 million expansion turned this former horse track into a full-fledged casino. Tioga Downs Casino is owned by Jeff Gural, who also owns Meadowlands Racetrack in New Jersey. Meadowlands Racetrack is home to FanDuel Sportsbook. We can logically expect to see Tioga Downs with a FanDuel New York sportsbook and potentially PointsBet Sportsbook as well.


Del Lago Resort & Casino

Del Lago Resort & Casino was the second commercial casino to open in New York in February 2017. del Lago is the largest of the four upstate commercial casinos, with 94,000 square feet of gaming area. del Lago has already formed a partnership with DraftKings Sportsbook to operate its sportsbook.

Rivers Casino & Resort Schenectady

Rivers Casino & Resort Schenectady opened a week after del Lago in February 2017. This $330 million property is owned by Rush Street Interactive, the same as Pennsylvania’s Rivers Casino in Pittsburgh. You can expect a similar betting platform at Rivers Casino & Resort Schenectady as the one at Rivers Casino in Pittsburgh. Mobile betting applications should be identical as well.

Resort World Catskills

Resort World Catskills is the newest of the four commercial casinos. This whopping $1.2 billion property opened its doors in February of 2018. They have already made their sports betting partnership as well, teaming up with European company Bet365.

Mobile Betting In New York

It was believed that an amendment to the New York State Constitution would be necessary to allow for mobile wagering. However, a number of top law firms in New York have said that no amendment is needed to allow for mobile sports betting. Once legislation passes, we will see how far DraftKings & FanDuel will push this theory. We have seen both companies be aggressive in New York City in the past.

For the state of New York to make the most out of sports betting, mobile betting is a must. It is estimated that 25 percent of the revenue generated in New Jersey from sports betting comes from New York residents.

Mobile sports betting has recently taken a step towards legalization. Earlier this month the New York Senate Racing, Gaming and Wagering Committee advanced a sports betting bill unanimously. The bill, S 17, will now head to the Senate Finance Committee. These are the easy hurdles for the bill, as the Senate has already included sports betting in their budget. The difficult hurdles for S 17 will be passing through the Assembly and eventually getting Governor Cuomo’s signature.

Senator Joseph Addabbo, chairman of the Senate Racing, Wagering and Gaming Committee introduced sports betting bill S 17. The bill would allow for mobile sports betting at commercial and tribal casinos. Under the bill, anyone over the age of 21 will be eligible to place a legal sports wager in New York.

Future of New York Sports Betting

With neighboring New Jersey, and soon enough Pennsylvania sports betting going live, mobile sports betting is a must. New York City, which has a population of 8.17 million is too far from the state’s commercial casinos. Residents of New York City won’t travel four hours to place a bet when they can simply cross into New Jersey and bet on their phones. With nearly 43 percent of the state’s population in New York City, it is crucial for New York sports betting to include mobile wagering. If not, those residents will continue to travel out-of-state to place their bets.

The current legislative session ends on June 19. Therefore, S 17 may be the state’s last chance to get legal sports betting this year. The clock is ticking in New York.

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