Overview of Legal Sports Betting in New York
New York legalized mobile and online sports betting in January 2022, expanding beyond its earlier in-person sportsbook offerings located in upstate casinos. This development allowed licensed operators to offer betting services to residents and visitors throughout the state. The New York State Gaming Commission (NYSGC) oversees and regulates all sports betting activities, ensuring compliance with state laws and consumer protection standards.
Licensing and Regulatory Authority
The NYSGC is the sole licensing authority responsible for approving operators and monitoring sportsbook operations. All licensed sportsbooks must meet strict requirements, including financial stability, responsible gambling measures, data security standards, and transparent odds presentation. The state imposes a high tax rate on sportsbook revenue, contributing significantly to New York’s education and public programs.
Approved Online Sportsbooks
As of the most recent licensing round, the following online sportsbooks are authorized to operate in New York:
- FanDuel Sportsbook – Known for its intuitive platform, competitive odds, and extensive betting markets.
- DraftKings Sportsbook – Offers a broad range of sports and promotions, with seamless integration between daily fantasy and sports betting.
- Caesars Sportsbook – Features strong promotional offers, a user-friendly mobile app, and ties to the Caesars Rewards program.
- BetMGM Sportsbook – Backed by MGM Resorts, it offers comprehensive betting options and integrated rewards.
- PointsBet – Recognized for its unique “PointsBetting” system and frequent promotions.
- BetRivers – Provides a straightforward betting experience, reliable payouts, and strong customer service.
- WynnBET – Offers solid market coverage and a simple, functional betting interface.
- Resorts WorldBET – Associated with Resorts World properties, focusing on straightforward betting and promotions.
- Bally Bet – Delivers competitive odds and integration with Bally’s casino network.
Retail Sportsbooks
In addition to online platforms, New York permits retail sportsbooks at certain upstate commercial and tribal casinos, such as:
- Resorts World Catskills
- Rivers Casino & Resort Schenectady
- del Lago Resort & Casino
- Tioga Downs Casino Resort
These physical locations often feature full-service betting lounges, large-screen viewing areas, and in-person betting windows.
Eligible Betting Activities
Licensed sportsbooks in New York may offer betting on professional sports, certain collegiate events, and international competitions. However, wagers on in-state college teams or college events taking place in New York are prohibited, even if the teams are from other states. Betting options include moneylines, point spreads, totals, futures, parlays, and live betting.
Responsible Gambling Measures
All licensed sportsbooks must implement responsible gambling initiatives, including deposit limits, self-exclusion programs, and clear access to help resources. The NYSGC actively promotes awareness campaigns to mitigate gambling-related harm.
Summary
New York’s legal sports betting market is regulated by the New York State Gaming Commission, with multiple licensed operators offering both online and in-person betting. Approved sportsbooks include FanDuel, DraftKings, Caesars, BetMGM, PointsBet, BetRivers, WynnBET, Resorts WorldBET, and Bally Bet. The market provides a diverse range of betting options while upholding strict responsible gambling standards.
