Online Sports Betting in New York Now Legal – Wagers Flow in the Big Apple

| January 10, 2022 7:40 am PDT
  • Legal online sports betting launched in New York on January 8.
  • New Yorkers can now bet freely from anywhere inside state lines. 
  • Betting online in New York began on Saturday with four sportsbooks opened to the public.

It’s been a long time coming, but legal online sports betting in New York is finally here.

With a population of over 20 million inhabitants, New York is set to become the largest online sports betting market in the United States. It is estimated that online sports betting in the state could account for 90% of its gambling handle. 

Following months of uncertainty, bettors took to their phones and online devices to place bets on sports over the weekend.

Mobile Betting in New York Now Legal Via Four Operators

Legal online betting in New York went live on Saturday, January 8, much to the delight of bettors in the city.

Residents of the Big Apple that were forced to travel over the George Washington Bridge to place their bets can now gamble on football, baseball, and every other sport or event offered by legal sportsbooks in the jurisdiction. 

The New York State Gaming Commission announced that four operators were good to go over the weekend. Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive were given the go-ahead to take bets following the satisfaction of appropriate regulatory requirements.

The following statement was released by the Commission on January 6, 2022.

“The NYS Gaming Commission announced today that four licensed Mobile Sports Wagering Operators – Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive – have satisfied all statutory and regulatory requirements necessary to accept and process mobile sports wagering activity and have been approved to commence operations with launch effective no earlier than Saturday, January 8, 2022, at 9 a.m. Eastern Standard Time.”

Will More Legal Online Sportsbooks Open in New York?

Including the four sportsbooks above, a total of nine operators were approved for licenses by the NYS Gaming Commission.

Of the remaining five operators — which includes Kambi, WynnBet, and PointsBet — Bally Sports and BetMGM are not ready to take bets, according to the commission.

“The remaining five conditionally licensed Mobile Sports Wagering Operators continue to work towards satisfying statutory and regulatory requirements necessary to launch and will be approved on a rolling basis when requirements are met.”

All nine operators have been granted ten-year licenses to provided legal online sports betting in New York. According to comptroller Thomas DiNapoli, the city is expecting state tax revenue from online sports betting in New York to hit circa $500 million by 2025.

Fanatics, Penn National, Fox Bet, and bet365 had license applications rejected on the initial run. It is uncertain at this point if they will reapply when submissions are open for review.

What Was the First Legal Online Sports Bet This Weekend?

According to DraftKings, one punter placed a $15 six-team football parlay on the first day of betting.

This wager was registered at 9:01 a.m. on Saturday, just one minute after sports betting was legalized in the state.

Caesars published a tweet confirming that one of its first significant wagers was a $20 parlay on five soccer matches. The other two sportsbooks also provided details of the bets they took as New Yorkers scrambled to get in on the action. 

There is a wide variety of wagers that can now be placed in New York. From betting on the Super Bowl to gambling on President Biden’s approval rating, there should be something for everyone.

Adam Haynes
Adam Haynes

Adam is a sports writer and tipster with a strong background in MMA, boxing, and combat sports.

When Adam isn't writing about those, as well as politics, rugby, and Gaelic Games, he can be found working on methods and strategies to beat the bookies.

For his troubles, Adam is a fan of Leinster Rugby, Glasgow Celtic, and trusting the process.

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