• New York State Sports Betting Legislation
• New York State Sports Betting Bill
• New York State Gaming Commission Sports Betting
• New York State Online Sports Gambling

Yes, sports betting in New York is legal.

Sports betting in New York

Wagering on sports games is legal in New York on a rather limited basis, but it could be expanded in the coming months. Currently, four commercial casinos and five tribal casinos are permitted to allow on-site wagering, but a wider audience could enjoy mobile sports wagering all across the state if bill S17 is expanded.

New York already has sports betting at physical casinos, but no statewide online betting. Cuomo put forth two possibilities in the address: Doing a budget in the coming days, or to wait till the spring when New York might know if it will be getting funds from the federal government to help with its revenue shortfall. New York Governor Andrew Cuomo is finally on board with legalizing mobile sports betting in the Empire State. Cuomo released a statement last Tuesday night that he is willing to move forward with. When New York passed a law in 2013 to allow sports betting at four land-casinos, it looked as though there was hope for expanded sports betting in the near future. But when federal law blocked this from progressing, the state was put in a limbo when it came to legal sports betting and now, only four physical casinos as well as seven reservation. New York sports betting is legal and launched, but the state has fallen well short of expectations for the industry. Sports betting in New York is limited to just retail at this time, but that could change by the end of 2021. Jan 07, 2021 Under the proposal, the New York State Gaming Commission would issue a license to a sports operator or platform to offer mobile sports betting. According to Cuomo, this is different than in some.

Online sportsbooks in New York

None. Democrat Governor Andrew Cuomo, a staunch opponent of legalization, recently stated it will not be part of his final budget for 2021.

Retail sportsbooks in New York

Akwesasne Mohawk Casino – HogansburgDel Lago Resort & Casino – WaterlooPoint Place Casino – BridgeportResorts World Catskills Casino – MonticelloRivers Casino and Resort – SchenectadySeneca Allegany Resort & Casino – SalamancaSeneca Buffalo Creek Casino – BuffaloSeneca Niagara Resort & Casino – Niagara FallsTioga Downs Casino Resort – NicholsTurning Stone Casino – VeronaYellow Brick Road Casino – Chittenango

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New York Gov. Andrew Cuomo suggested sports betting could be a way to help NY raise new revenue as the state faces a shortfall of funds for its budget.

New York State Sports Betting Legislation

“Are there other ways to get revenue? How about marijuana? How about sports betting?” Cuomo said in a televised briefing that also talked about the COVID-19 pandemic.

You can watch the briefing here; Cuomo mentions sports betting just before the 27-minute mark.

It was far from a full-throated endorsement of online betting. But Cuomo has said in the past that he opposed the legalization of NY online sports betting because he believed it would require a constitutional amendment. The mention of sports betting in this setting might indicate that Cuomo has relaxed that stance.

New York already has sports betting at physical casinos, but no statewide online betting.

Cuomo put forth two possibilities in the address: Doing a budget in the coming days, or to wait till the spring when New York might know if it will be getting funds from the federal government to help with its revenue shortfall.

He said the latter was his preference. But that still might presage sports betting being included in a budget package in 2021.

New York State Sports Betting Bill

New York has a big deficit

New York State is more than $50 billion in debt between state and local governments, Cuomo said in October.

And there may be no relief for states from the federal government via stimulus, according to a report today from Politico.

That may force Cuomo’s hand on sports betting.

New York State Gaming Commission Sports Betting

The governor has long been the biggest roadblock to NY mobile sports betting, despite several lawmakers supporting the industry.

Following Cumo’s comments, Sen. Joseph Addabbo Jr. told LSRthat Q1 2021 was the most likely time to get any legislation done.

“We’re running out of time for this year so now we look at next year but I can’t see us waiting until the April budget,” Addabbo said.

“I’d love for something to happen before the 31st. I’m just not so optimistic about it.”

New York State Online Sports Gambling

Sports betting is an easy source of revenue

The financial case is clear. Neighboring New Jersey just made $50.6 million in sports betting revenue in November alone.

That shook out to $6.2 million in taxes paid to the state. And analysts think close to 20% of New Jersey’s betting handle comes from New Yorkers crossing the border to bet.

Eilers & Krejcik Gaming estimate New York bettors wagered$837 million in New Jersey last year.