New York Sports Betting Is Here!
New York sports betting is totally live and legal! If you’re 21 years of age or older and located in New York, you can sign up for a wide variety of different sportsbooks. Some of the top sports betting operators in the Empire State include BetMGM NY, FanDuel NY, Caesars NY, DraftKings NY, and BetRivers NY. Each of these sportsbooks gives new users a major welcome bonus to start betting with. The most popular signup bonuses you’ll see when it comes to sportsbooks include both risk-free first bets and deposit match bonuses paid out in free betting credits. One of the biggest signup bonuses right now comes courtesy of the PointsBet NY Promo Code, which gives new users a total of $2,000 in risk-free wagers. DraftKings New York is another popular sportsbook in the state as it gives new users a maximum of $1,050 in bonus money. FanDuel New York and BetMGM New York, on the other hand, offer new users a $1,000 risk-free bet. No matter which sports betting operator you choose, you can get the maximum bonus when you sign up with the exclusive promo codes from LINEUPS.com. Check out this page to learn more about New York sports betting, from how to register for sportsbooks to the top welcome bonuses available.
New York Sports Betting May 2022 Update
Sports betting is totally available in the state of New York! On January 8th, 2022, the Empire State officially launched its legal online betting market. Now, as long as you’re at least 21 years of age, you can register for a new sportsbook and place bets on local teams like the New York Yankees and New York Rangers. A wide variety of different legal betting apps are now available in the area, with some of the most popular betting Caesars Sportsbook NY, FanDuel Sportsbook NY, BetMGM Sportsbook NY, DraftKings Sportsbook NY, and PointsBet Sportsbook NY.
And even more sportsbooks should be making their way to New York soon. Resorts World, Bally Bet, and WynnBET are all looking to expand to the NY betting market soon, with a target being the 2022 NFL season kickoff. Once those online sportsbooks are available, New York will have a total of nine options for sports bettors. The New York betting market has already been a major success thanks to its huge population and dedicated sports fans.
The Top 9 New York Sports Betting Sites
All in all, there are 9 sportsbooks that will be entering the New York sports betting space. However, four New York mobile sportsbooks have launched, PointsBet NY, DraftKings NY, Caesars NY, FanDuel NY, BetMGM NY, and BetRivers NY. All six of these sportsbooks are offering you huge new users bonuses with the LINEUPS’ exclusive links and codes. Make sure to check out these New York Sports Betting promotions to get the best offers.
DraftKings New York
DraftKings Sportsbook is one of the largest online betting platforms in the world and is clearly one of the top dogs in the North American market. DraftKings joined FanDuel’s winning bid to offer New York online sports betting.
DraftKings enters New York with a presence in both DFS and sports betting already. There is a DraftKings Sportsbook at del Lago Resort & Casino. This means that New York bettors should be rather familiar with DraftKings as a company.
DraftKings New York Promo Code
DraftKings Sportsbook has consistently offered $1,050 in bonuses to new users through LINEUPS’ exclusive links. You can click here or the banner down below to claim. The bonus breaks down into a $1,000 deposit match and $50 free following your first deposit. This is the best current offer for DraftKings New York.
DraftKings New York App Preview
DraftKings mobile sportsbook will remind you a lot of the daily fantasy application, and that is a good thing. DraftKings has a simple and effective design that allows you to find everything you need on the platform with ease.
The betting markets are clearly laid out and organized. This means that you will have no trouble finding your favorite bets and betting markets on DraftKings. The bet slip is seamlessly woven into the browsing side of the application, meaning that you do not need to go back and forth when adding bets to your bet slip. All in all, DraftKings offers a top-of-the-line experience when it comes to New York mobile wagering.
Caesars New York
Caesars was a late-arriver to the online sports betting scene in North America. Caesars took the approach of acquiring another platform instead of developing its own and did so by acquiring William Hill. The William Hill sportsbook was re-branded and re-designed into Caesars Sportsbook.
Caesars was one of the companies under the Kambi bid that won access to the New York market. Caesars Sportsbook has done a great job at branding and advertising its name. However, New York State will be another beast when it comes to solidifying market share. While many expect Caesars Sportsbook New York to be the top sports betting application in the state, the platform will have some fierce competition!
Caesars New York Promo Code
The best Caesars Sportsbook NY promo code is “LINEUPSCZR”. This is an exclusive offer that grants a $1,100 bonus. This is the largest bet insurance bonus in New York. Do not forget to use the Caesars Sportsbook New York promo code “LINEUPSCZR” to secure this staff verified max bonus.
Caesars New York App Preview
William Hill Sportsbook was already solid, but Caesars Sportsbook takes the application to another level. The design and feel of the mobile app and desktop site are both fantastic. The interface, in general, is on par with all of the other major sportsbooks.
Where Caesars Sportsbook really thrives is its odds pricing and support. The odds pricing, especially combined with the many promotions and boosted odds, is at an elite level value. When it comes to support, Caesars offers four options, including a phone line, something not many other online sportsbooks can boast.
FanDuel New York
FanDuel led one of the New York mobile sports betting bids and came out victorious. It earned the right to offer online sports betting throughout the state, alongside the other companies in its bid. However, FanDuel New York was already present at Tioga Downs Casino in Upstate New York. FanDuel was also already offering its DFS platform. This means that New York residents and bettors should be familiar with FanDuel as it enters one of the largest markets in the entire United States.
FanDuel New York Promo Code
The best FanDuel NY promo code earns you a $1,000 risk-free bet. To claim this large new user bonus the only thing you need to do is click the exclusive link here or the banner below. After doing so, the only thing you need to do is create your account, deposit cash, and you will be awarded a big $1,000 risk-free bet to start wagering with. The risk-free bet means that you cannot lose on your first wager, the bet slip is insured by FanDuel, up to $1,000.
FanDuel New York App Preview
The FanDuel Sportsbook application and betting site are some of the best-designed betting products in the world. FanDuel had spent its entire life as a company online, starting out with daily fantasy sports. It was an easy transition to mobile sports betting for FanDuel, and it has shown through the app. The user experience and user interface are second to none, making it one of the best sportsbooks for new users.
Another place in which FanDuel shines is same-game parlays. This has been a staple of FanDuel Sportsbook for quite some time, offering a wide selection of bets to parlay together, even when those bets stem from the same game or event.
You can also count on FanDuel to create a smooth connection between daily fantasy and sports betting, allowing you to link your accounts. This means you do not have to keep signing in when flipping between your DFS competitions and your sports wagers.
BetMGM New York
MGM Resorts International and Entain are the two gambling powerhouses behind BetMGM. The sportsbook has climbed to the top of the market in recent years and is now live in New York.
BetMGM was under the FanDuel Sportsbook winning bid, buddying up with its two biggest rivals, DraftKings and FanDuel. With no previous products offered in New York, BetMGM faces the battle of getting its platform and brand out to the 18+ million people that reside in the state.
BetMGM New York Bonus Code
The best BetMGM bonus code is “LINEUPS” in all states where the sportsbook is currently being offered. The BetMGM New York bonus is a $1,000 risk-free bet, the same offer being extended to users in New Jersey and other states. This is a competitive new-user promotion that can help enlarge your bankroll from day one.
BetMGM New York App Preview
BetMGM Sportsbook shines in its ability to offer solid odds pricing and lucrative promotions. The promotions tab on the sportsbook is updated daily with new offerings and fantastic bonuses. This makes BetMGM one of the best values when it comes to online sports wagering.
The app itself can feel cluttered at times with all the promotions of bets being offered. However, it is easy to navigate and use. The betting offerings are well organized, and the bet slip is simple. The only downside can be longer load times on both the app and betting website.
BetRivers New York
Rush Street Interactive, the owner of the BetRivers brand, has won the right to enter the online and mobile New York sports betting market. Rush Street Interactive will look to see similar results to that of Michigan, a state where it has seen loads of success.
It is no guarantee that Rush Street chooses the BetRivers brand over the SugarHouse brand in New York; however, BetRivers has been the primary brand in states as of late. The one thing that may sway Rush Street to choose SugarHouse is its name value in neighboring New Jersey & Connecticut.
BetRivers New YorkPromo Code
The BetRivers New York promo code is “LINEUPS”. Currently, BetRivers New York is offering the smallest new user bonus at a $250 deposit match. However, if you want to bet with the sportsbook make sure to use the code “LINEUPS” when signing up in the affiliate box to secure the max $250 bonus!
BetRivers New York App Preview
The BetRivers New York app’s best feature is the promotions. BetRivers has promotions for every day of the week, on top of daily odds boosts. You combine this with a new-user bonus, and you are getting a ton of free value when you go with BetRivers Sportsbook.
When it comes to betting markets, the best feature of BetRivers is live betting. The live betting markets are plentiful. This means that when choosing a platform to use, after a game or event has already started, BetRivers needs to be near the top of the list. The odds pricing during live games is some of the best in North America.
PointsBet New York
PointsBet gained access to the New York sports betting market, landing on one of two winning bids in the state. PointsBet has seen mixed success in the United States, leading some markets like Michigan while falling behind in others. Now launched in NY, PointsBet will look to bring in a large market share in the United States’ biggest betting market.
PointsBet is a unique sportsbook offering loads of different ways to wager, like PointsBetting. The sportsbook is backed by NBC Sports, giving it big-time name-value throughout the United States.
PointsBet New York Promo Code
The best PointsBet NY promo code is “LINEUPS” and it earns you $2,000 in risk-free bets when applied. This is one of the largest promos extended to New York bettors. The risk-free bet breaks down into two parts. One is a $1,500 risk-free wager using the PointsBetting system. The second is a $500 risk-free wager on any fixed or normal betting market. Make sure to take advantage of the PointsBet Bonus NY!
PointsBet New York App Preview
PointsBet Sportsbook is wonderfully designed. The app and desktop site are both sleek and easy to use. The only complaint one could have from a user-experience point of view is the organization of the betting categories. However, the bet slip, account settings, bet management, etc., are all wonderfully built.
One way PointsBet stands out from the crowd is with PointsBetting, a betting style that is very high risk but can be very rewarding. This style of betting sees your stake multiplied in or out of the money depending on how correct or incorrect you were about a wager.
WynnBET New York
WynnBET was a new player in the sports betting world in 2020 and has since expanded its product to several states. The owners of WynnBET, Wynn Interactive, have pushed the chips into the middle of the table, when it comes to its online sports betting platform. Spending millions on promoting and developing the product.
WynnBET was one of the major players in the Kambi-led bid. This means that WynnBET will have the availability to the New York market that it needs to launch its online betting product. New York bettors may already be familiar with WynnBet, as the platform’s first venture was New Jersey.
WynnBet New York App Preview
The WynnBET app struggles when it comes to design and functionality. The application is a bit harder to use than its competitors’. However, the actual sports betting product is there. The odds pricing is competitive, and the bet slip is a joy to use.
WynnBET does offer customer support in multiple forms, including a live chat to talk to real live agents. This is a massive plus as it allows you to get your issues solved much quicker. However, you can use the FAQ page if you have general questions that need answering.
WynnBet New York Projected Promo Code
The projected WynnBET New York promo code will be worth a $1,000 risk-free bet. This is the offer that WynnBET extends to all other users that it currently services. Once WynnBET New York goes online, we will have more details regarding its potential new-user bonus.
Bally Bet New York
Bally Bet is a newer sportsbook that is looking to make a name for its brand in New York. At the moment, Bally’s is pushing the marketing side of its sportsbook heavily, investing millions into partnerships. Bally’s was the surprise fourth company on the DK, MGM, and FD side of the two winning bids for New York sports betting market access.
Bally Bet New York App Preview
The Bally Bet Sportsbook app and desktop site are solid. While Bally Bet did nothing to really revolutionize sports betting when it came on to the scene, it built a good app that is reliable and provides solid odds pricing. This is a good sportsbook for both new and experienced users.
The deposits, support, betting markets, and more are all up to industry standard. This is the definition of a sportsbook that you want to add to make sure you are getting the best odds and values when wagering. For a fairly new platform, Bally Bet comes off like an experienced veteran in the online sports betting world.
Resorts World New York
Resorts World currently offers sports betting in a few states. However, we project that Resorts World New York will resemble the Nevada online platform that the company offers in Vegas. This means that Resorts World’s New York sportsbook will most likely be specific to New York State.
With Kambi leading the bid, Resorts World hopped on and has gained access to the giant New York sports betting market.
Resorts World App Preview
Resorts World’s New York app is not yet known. However, if we base the application on the products that Resorts World currently offers in Las Vegas, you can expect a very solid sportsbook with nothing fancy attached. The odds are solid, and betting is the priority.
There are not many gimmicks, just betting markets, your bet slip, and odds. This is great for old-school sports bettors who just want a platform to give them the odds pricing, their bets and need nothing more.
How To Bet on Sports in New York
Online Sports betting has arrived in New York! This means that it is easier than ever to wager on sports in the State of New York. Follow the steps below to wager with one of the many available legal online sports betting options in the Empire State.
Download a Legal New York Sportsbook
There are currently four legal and launched online sports betting apps in the Empire State. Those are DraftKings NY, Caesars NY, FanDuel NY, BetMGM NY and BetRivers NY. The first thing you will need to do is head over to the desktop site or download the mobile sports betting app. To guarantee the best new user bonus, remember to use LINEUPS’ exclusive sports betting links. Between the four sportsbooks LINEUPS’ is providing you with over $5,000 of bonuses as a new user.
Use Promo Code & Create Account
The next step is to create your account with the sportsbook. You will need some personal information during this process like your name, date of birth, email, and last four digits of your social security number. This is so that the Sportsbook can verify your identity and the fact that you are a legal New York bettor. This is standard practice in the United State online sports betting scene.
During this process, some sportsbooks will require you to input your promo or bonus code to receive the new user offer. The Caesars New York promo code is “LINEUPSCZR”, the BetMGM NY bonus code is “LINEUPS”, and the BetRivers affiliate code is “LINEUPS”. For DraftKings and FanDuel simply make sure to use the exclusive LINEUPS links on this page before signing up, to secure those new user bonuses!
Make a Deposit
Once your account is created and your identification has been verified it is now time to make a deposit! Each sportsbook has specific deposit methods. However, most sportsbooks accept debit cards, credit cards, PayPal, eCheck, and more! There are plenty of options to get the money into your account, and deposits are almost instant.
Keep in mind that your first deposit may come with a match, depending on the promo or bonus. You will want to take full advantage of this first-time deposit bonus, so make sure to look up the terms and services of your new-user bonus before completing it!
Now that you have created your New York sports betting account, and deposited some money, it is time to place some wagers. Placing wagers with a mobile NY sportsbook is rather straightforward. To place a bet in your bet slip, simply click on it.
In your bet slip is where you will actually be completing the bet. You can type in the amount you would like to place at stake, and the sportsbook will display your possible profit. You then click confirm bet, to place it!
New York Sports Betting Guide Video
New York Sports Betting Promo Codes
With the exclusive New York Sportsbook promo codes from LINEUPS.com, you get the maximum bonus from the top sports betting operators in the state. Right now, you can take advantage of major offers from FanDuel New York, BetMGM New York, DraftKings New York, BetRivers New York, PointsBet New York, and Caesars Sportsbook New York.
Both FanDuel Sportsbook NY and BetMGM Sportsbook NY are offering $1,000 risk-free bets on your first wager. BetMGM requires you to enter the Bonus Code “LINEUPS” while with FanDuel you can click through this link to activate the FanDuel Sportsbook NY Promo Code. Similarly, Caesars Sportsbook NY is offering $1,100 in first bet insurance when you sign up with the Promo Code “LINEUPSCZR”.
PointsBet Sportsbook NY is offering one of the biggest signup bonuses, with $2,000 total in risk-free bets when you register with the Promo Code “LINEUPS”. DraftKings Sportsbook NY is giving new users a major $1,050 bonus in free betting credits. Just use this link and you’ll activate the DraftKings NY Promo Code. BetRivers Sportsbook NY offers $250 in deposit match credits to new users that enter the Bonus Code “LINEUPS”.
|New York Sportsbooks||NY Sportsbook Promo Code||NY Promo Details|
|DraftKings NY||No Code - Click Through||$1,000 Deposit Match|
$50 Free on Deposit
|Caesars NY||LINEUPSCZR||$1,100 First Bet Insurance|
|FanDuel NY||No Code - Click Through||1,000 Risk-Free Bet|
|BetMGM NY||LINEUPS||$1,000 Risk-free Bet|
|PointsBet NY||LINEUPS||$2,000 Risk-free Bets|
|BetRivers NY||LINEUPS||$250 Risk-Free Bet|
How To Bet in New York on March Madness
March Madness bets are already on the board, and whether you’re using BetMGM New York, DraftKings New York, FanDuel New York, or any other popular platform, you’ll want to check out some of the available bets. Different promotions and odds boosts will come and go before kickoff, so you’ll want to keep an eye on the platforms before the start of the tournament. The most popular bets will be your standard point spread and total wagers, although the props are where many bettors look for the tournament.
In-Person New York Sportsbooks
Like many of the states that have passed legislation for state-regulated sports betting, New York will most likely look to existing casino facilities. Many of these are tribal operations.
There are a handful of commercial casinos in the state of New York that will also push for a physical sportsbook. New York is currently moving into the fourth year of legal casinos. Many of the commercial and tribal operations have underperformed expectations. Here are the top contenders to open their doors to sports bettors. Retail Sportsbooks run by DraftKings and FanDuel can be found inside casinos in Upstate New York.
Resorts World CatSkills
Resorts World is the largest major commercial casinos currently operating in New York. They already have a full slate of table games and slots. Resorts World CatSkills hasn’t quite hit the projected target revenue expected, but it is further along than most. The size, location, and reputation make it highly-probable to become a licensed sportsbook facility.
Address: 888 Resorts World Dr, Monticello, NY 12701
Resorts World New York City
While not as large as the CatSkills operation, Resorts World in New York City has a prime location on its side. Being in the heart of a city home to multiple professional sports franchises gives this casino a clear advantage when sportsbook locations are being handed out.
Address: 110-00 Rockaway Blvd, Jamaica, NY 11420
Del Lago Resort and Casino
This is the second largest of the non-tribal casinos. While revenue from strictly casino operations was off as well, traffic through Del Lago was high. Del Lago has dozens of alluring attractions. Fine dining and exquisite accommodations make it a clear favorite to land a sportsbook. They already have a lounge in place, clearly anticipating a license when they are awarded.
Address: 1133 NY-414, Waterloo, NY 13165
Tioga Downs and Casino
When you’re already accepting racetrack bets, you have the experience the state gaming commission may be looking for when awarding sportsbook locations. Tioga Downs and Casino most certainly has that. They are the third of the big-three commercial casinos currently in operation. Name and recognition give it an advantage in the race to land New York’s retail sportsbook locations.
Address: 2384 W River Rd, Nichols, NY 13812
Turning Stone Resort and Casino
This is the first of the possible tribal casinos that may lead the way in adding physical sportsbooks in New York. The number of possible casinos attached to Native American tribes is short because of lukewarm interest in sports betting thus far by tribal casinos across the nation.
The Oneida Nation is one of those tribal groups showing an interest. This may be the first tribal casino to open up a sportsbook since they already have a lounge that provides the perfect place for taking sports bets.
Address: 5218 Patrick Rd, Verona, NY 13478
Seneca Buffalo Creek Casino
There are six physical casino locations of importance that are operated by the Seneca Nation. The Seneca Nation is the second tribal casino operation voicing an interest in sports betting. Buffalo Creek has the advantage of being proximal to a professional sports franchise, plus a large metropolitan population.
The Niagara Falls location is another prominent facility and would logically be an excellent venue to house a physical sportsbook. The three Seneca Game and Entertainment locations are also current casino locations that would prove viable spots to easily add sports betting.
Address: 1 Fulton St, Buffalo, NY 14204
Empire City Casino at Yonkers Raceway
With horse racing already on the books, the Empire City Casino has one iron in the fire, so to speak. The facility is located at the corner of Central Park Avenue and Yonkers Avenue, another perk.
Now, add to that the fact MGM Resorts International owns it, and you have the kicker. MGM has been and will continue to be a huge player in the US sports betting movement.
Address: 810 Yonkers Ave, Yonkers, NY 10704
New York Sports Betting FAQ
- Is New York sports betting legal?
- What is the largest sportsbook new-user bonus in New York?
- Is mobile sports betting allowed in New York?
- What is the legal sports betting age in New York?
- Can I place a wager in New York City?
- Are there online casinos in New York?
- Can I play online real-money poker in New York?
- Can I bet on collegiate sports in New York?
- Is online sports betting taxed in New York?
- What is the closest state to New York with online mobile sports betting?
Is New York sports betting legal?
Yes, New York legalized sports betting in 2018. Online Sports betting officially launched in January of 2021. You can now wager from anywhere in the state using mobile sports betting! There are also physical sportsbooks at Upstate New Your casinos.
What is the largest sportsbook new-user bonus in New York?
The largest New York sports betting bonus is with the Caesars NY promo code “LINEUPSCZR” granting $1,100 in bonuses. You will receive a $1,100 first bet insurance bonus. This is one of the biggest first bet insurance in North American sports betting.
Is mobile sports betting allowed in New York?
Yes, you can now bet on sports anywhere in the state with any one of the legal mobile sports betting options. DraftKings, Caesars Sportsbook, FanDuel, BetMGM, PointsBet, and BetRivers have all launched in New York. You can bet on your phone, tablet, or computer.
What is the legal sports betting age in New York?
The legal betting age in New York is 21. This means that online sports betting is limited to those 21 years of age or older. You will not be able to wager, deposit, claim bonuses, or create accounts if you are under 21 in New York State.
Can I place a wager in New York City?
Now that state-wide mobile and online wagering has launched in New York, you can place an online sports bet anywhere within state borders. This includes New York City. With New Jersey and Connecticut already having online wagering, the entire Tri-State Area will have online sports betting.
Are there online casinos in New York?
No, online casinos were not approved by New York, and the bids won by the nine sportsbooks are limited to online sports betting only. This means that online casinos will not be offered throughout New York State. Both New Jersey and Connecticut offer online casinos.
Can I play online real-money poker in New York?
No, online poker is not regulated and licensed in New York. Only online sports betting was approved by the Gaming Commission. This means that to enjoy online real-money poker, you will need to visit neighboring Pennsylvania or New Jersey.
Can I bet on collegiate sports in New York?
Yes, you can bet on collegiate sports in New York State. However, you cannot bet on in-state colleges teams or events. This means that schools like Army, Syracuse, and St. Johns are all off-limits for bets placed within New York State.
Is online sports betting taxed in New York?
Yes, both the sportsbooks and bettors are taxed on sports betting revenue. The sportsbooks will be taxed at a whopping 51% rate, the highest in any multi-book state. Bettors will also face a normal tax on gambling winnings, even if won online.
What is the closest state to New York with online mobile sports betting?
Pennsylvania, New Jersey, and Connecticut all offer online sports betting. New York was the last one to the party; however, with over 18 million people, it is still seen as a massive betting market opportunity for sportsbooks. New York sports betting should launch in Q1 of 2022.
New York Sports Betting Market
With NY going live with mobile sports betting, the state figures to be one of the largest in the country, it’s unclear how much of the current New Jersey handle is coming from NY users, but there is definitely some % coming from NY residents. With NJ pulling in billions in total handle in 2021, the total for NY must be higher. Some experts think that a $2 billion handle for New York Sports Betting is possible in 2022, with a giant 51% tax rate on the sportsbooks, this would mean hundreds of millions in revenue for New York State.
New York Sports Market
|New York Population||19,440,500 (2020)|
|Estimated NY Market Size||$5+ billion|
|Largest New York Betting City Populations||New York City (8,601,186)|
|New York Profesional Sports Teams||Buffalo Bills|
New York Dragons
New York Giants
New York Islanders
New York Jets
New York Knicks
New York Liberty
New York Mets
New York Rangers
New York Yankees
|New York College Sports Teams (Major)||Army Black Knights|
St. John's Red Storm
|New York Last Bill Proposed||Summer 2021|
|Launch Date||Q1 2022|
|New York Sportsbook Apps||DraftKings, FanDuel, Caesars, BetMGM, BetRivers, WynnBET, PointsBet, Bally Bet, Resorts World|
|Sports Available for Wagering in Upstate NY||All major sports leagues. No In-state college wagering is allowed.|
New York Sports Betting Revenue (May, 2022 Update)
New York online sports betting is now underway and on its way to becoming the leader in the sport betting market in the U.S. Their Jan. 8 launch was the most successful opening weekend of any sports betting launch to date, led by four licensed operators: DraftKings Sportsbook, FanDuel Sportsbook, Caesars Sportsbook, and BetRivers Sportsbook.
The moment we have all been waiting for came on Jan. 8 and it was as exciting as it was expected to be. In the first 12 hours of its launch, New York’s online sports betting launch recorded 5.8 million transactions. This is the largest launch by number of transactions by 64%, topping the second-biggest launch, which was in Pennsylvania, by 2.5 million. By the end of the opening weekend, the city that never sleeps tallied 17.2 million transactions, the biggest opening by any state by far. In the 5 New York boroughs alone (Queens, Bronx, Manhattan, Brooklyn, Staten Island) there were over 8 million transactions. New York is also now the most populated state in the U.S. with an open sports betting market, which lends itself to the record-breaking start.
Nine operators got approved for operation and four of them were live this past weekend – FanDuel, DraftKings, Caesars, and BetRivers. Bandwidth issues seem to present themselves for each operator, most notably, Caesars who took almost 1 million individual bets over the opening weekend. At one point on Sunday, Caesars was down for three hours because of the huge influx of betting that incurred. Meanwhile, BetRivers recorded under $1 million of betting revenue in their first day, the smallest opening of the four operators. This is in part because Caesars was offering $3,300 in free betting money through the use of their promotional codes while BetRivers offered just $250.
New Jersey, which has been the leader in the sports betting market in the U.S., is on its way to the No. 2 spot after the emergence of the New York market. On population alone, New York is more than double New Jersey’s, so it’s only a matter of time.
Top New York Sports Teams
New York Yankees
It’s impossible to discuss New York sports without mentioning the Yankees. The team is extremely popular throughout the area and is one of the most lucrative franchises in not just the MLB, but all of sports.
The New York Yankees have the distinction of having the most total championships in professional sports, with 27 total World Series titles. The team most recently won the league in 2009 after a 4-2 series win over the Philadelphia Phillies.
New York Knicks
The New York Knicks are one of the most popular teams in the New York area. The team plays at Madison Square Garden in Midtown Manhattan, one of the most notorious venues in pro sports.
Despite being one of the most valuable franchises in the NBA, the New York Knicks haven’t been on top of the league in quite some time. In fact, the last time the Knicks were NBA champions was in 1973.
New York Mets
The New York Mets have a loyal fanbase in the New York area. While the team had a disappointing end to the 2021 season, with their division rival Atlanta Braves winning the World Series, they’re hoping for a big 2022 comeback.
Although partially due to the fact the franchise hasn’t been around as long, the New York Mets haven’t had nearly as much success as the Yankees, with two titles to the team’s name.
The Brooklyn Nets are currently one of the hottest teams in the NBA. Thanks to players like James Harden and Kevin Durant, the team has the offensive firepower for major postseason runs.
While the Nets have yet to win an NBA championship, the team made a couple of Finals appearances in the early 2000s. Diehard Brooklyn fans are crossing their fingers for the team’s first championship during the 2021-2022 season.
With the New York Jets and Giants playing in New Jersey, the Buffalo Bills are the sole NFL team located in New York. The Bills might be most well known for their four consecutive Super Bowl appearances with QB Jim Kelly.
While the team had some tough times since those appearances, things are looking up for the Bills. With QB Josh Allen and head coach Sean McDermott, the team is built to compete long into the postseason.
When you think of Syracuse sports, the college’s men’s basketball squad likely comes to mind. The school has provided some major NBA stars, such as Derrick Coleman and Carmelo Anthony.
The Syracuse Orange basketball team won an NCAA championship in 2003, and has made six total Final Four appearances. The team currently plays in the Carrier Dome in Syracuse, New York, the same home of the Syracuse football team. Syracuse football itself won a national championship in 1959.
Army Black Knights
The Army Black Knights football team had some major success in the past, with five national championships between 1914 and 1946. Unlike Syracuse, who plays in the ACC conference, the Army Black Knights are not affiliated with any conference.
The Black Knights currently play at Michie Stadium in West Point, New York. The team appeared in the 2020 Liberty Bowl, narrowly losing to the West Virginia Mountaineers.
The Buffalo Sabres are another popular New York NHL team, albeit without as much success as the Rangers or Islanders. The team is currently in a bit of a playoff drought, with their last appearance coming in 2011.
Still, Buffalo has a strong fanbase and looks for a bright future in chilly Buffalo. The Sabres currently play in the KeyBank Center in Buffalo, New York.
New York Rangers
The New York Rangers have been around since 1927, so they’ve amassed quite a fanbase over the years. Throughout the team’s long history, the Rangers have made the playoffs 59 times with four Stanley Cup championships.
The New York Rangers narrowly missed the playoffs for the 2021 season, but the team’s hoping for a big comeback this season. Like the Knicks, the New York Rangers host visiting teams at Madison Square Garden in Manhattan.
New York Islanders
The Islanders are another popular option for hockey fans in the New York area. After two straight years of losing in the Conference Finals to the Tampa Bay Lightning, the Islanders are out for revenge this season.
Since an incredible four-year Stanley Cup run from 1979 to 1983, the New York Islanders have gone without a championship win. The Islanders are adjusting to a new home stadium with a 2021-2022 season debut of the UBS Arena in Elmont, New York.
New York Jets
Although they don’t play in New York, the Jets have their fans in the area. The crowning moment for the Jets was perhaps the team’s major upset in Super Bowl III, a 16-7 win over the Baltimore Colts.
Unfortunately, the team hasn’t returned to the big game since then. The Jets are hoping to turn things around in the near future with head coach Robert Saleh and QB Zach Wilson leading the team.
New York Giants
Like the Jets, the Giants currently play at MetLife Stadium in New Jersey. However, the team is still popular throughout the New York area.
While the Giants have seen success throughout the team’s existence, the Super Bowl runs with QB Eli Manning at the helm are definitely the biggest highlights. Super Bowl XLII, when the Giants took down the then-undefeated New England Patriots, remains a major sports moment.
New York Sports Betting Legal Recap
New York sports betting has had one of the most confusing and interesting paths to legalization. Retail sports betting came almost right away in 2018, following the Supreme Court’s decision to overturn PASPA. However, online sports betting has been an ongoing battle since that time.
New York Sports Betting Precedent
New York does have precedent in place that would allow for sports betting expansion in the Empire State. In 2013, a voter referendum was overwhelmingly passed that allowed for the four casinos in the state to offer sports betting. At that point in time, the only other existing barrier for New York to offer sports betting was the Professional and Amateur Sports Protection Act of 1992 (PASPA). PASPA was struck down by a Supreme Court ruling in May 2018 leaving the door wide-open for legal sports betting in the US and for New York to move forward with offering sports betting statewide. However, Cuomo has been adamant about limiting sports betting to the Upstate casinos.
Sports betting is gaining momentum across the United States. Since the May 2018 US Supreme Court ruling, state legislators have started to push to open up state-regulated sportsbooks. New Jersey was the first with full scale statewide mobile apps. Pennsylvania sports betting followed shortly thereafter and has established a healthy online betting market. New York hasn’t been able to get their own online betting legislation pushed across the finish line, yet. Here’s a little discussion about where that push is currently, and when the lawmakers do finally approve state-regulated sports betting, who will be the most logical candidates for physical and online sportsbooks in the Empire State.
Senator Joseph Addabbo the leading Advocate on Mobile New York Sports Betting
New York is facing a $6 billion budget deficit. Currently, sports betting is only allowed at authorized casinos in their designated sports lounge areas: Rivers Resort & Casino Schenectady; Tioga Downs; Resorts World Catskills; and del Lago Casino & Resort. Betting in sports lounges is also authorized in full-service casinos operated by the Akwesasne Mohawk, Oneida, and Seneca nations. Cuomo’s budget proposal included sports betting outside of casino sports lounges but still on casino property. Basically, people would be allowed to bet anywhere on casino grounds instead of just inside the sports lounge. It’s not that much of an expansion.
State Senator Joseph Addabbo has been the biggest advocate of legalizing mobile sports betting in New York. Addabbo has proposed numerous sports betting bills over the years. Addabbo has repeatedly referenced that a significant percentage of New Jersey’s sports betting revenue is coming from New York residents traveling the shorter distance to New Jersey to bet rather than traveling a long distance to New York’s upstate casinos.
“Mobile sports betting is benefiting New Jersey — with approximately 25% of the state’s mobile wagering business coming from New York residents — and it could provide the same positive results for New York,” said Addabbo earlier this month. According to the consultant firm Eiler & Krejcik, New York is realizing just 5% of its potential.
The metaphorical clock does appear to be ticking with states like neighboring New Jersey well ahead of the curve when it comes to offering online sports betting. New Jersey has seen a windfall of bettors crossing state lines from New York to place bets. Pennsylvania sports betting is live and the state has benefited with impressive revenue numbers. We’ve seen great success in the New jersey sports betting market with FanDuel Sportsbook & DraftKings Sportsbook leading the way.
Governor Cuomo Suggests Mobile Sports Betting
Mobile sports betting in New York is not legal statewide yet. If you are on the premises of an upstate NY casino, you can use your mobile device to place a sports bet. There are currently seven physical sportsbooks that are legal and live in upstate New York. Governor Andrew Cuomo blocked a number of bills presented to legalize sports betting across the state of New York over the past year. However, on December 16th in a COVID briefing in Albany, NY. When discussing ways to address what Cuomo has said to be a $50 billion debt between the state and local governments, Cuomo said, “….And, are there other ways to get revenue? How about marijuana? How about sports betting? Marijuana, we were supposed to have done for the past two years anyway and would raise revenue. This is all hard. But pressure also forges diamonds” You can watch the entire briefing here. This is a stark difference from Cuomo’s position on mobile sports betting over the past two years. The result is an injection of optimism from NY residents, the sports betting industry, and Wall Street. Sports betting stocks such as DKNG (DraftKings), PENN (Penn National Gaming, Inc), and PDYPY (Flutter Entertainment) are benefiting.
Senator Joseph Addabbo Jr. has been the most prominent advocate for legalizing mobile sports betting in New York for years. Addabbo believes he has addressed every concern that Cuomo has brought up in regards to legalizing mobile sports betting. Addabbo says that Cuomo and Heastle are just “delaying the inevitable because mobile sports betting in New York is not a matter of ‘if’ but ‘when'”. Addabbo says he will continue his pursuit to bring legal mobile sports betting to New York. Senator Addabbo communicated he would pursue another bill in the first quarter of 2021.
Precedent For Indian Nation Disagreements With The State
There is a precedent already in place if the Oneida Nation does believe the online sports betting infringes on their exclusive rights within the state. The Seneca Nation of Indians withheld more than $100 million worth of payments when they argued that there was an infringement on their compact rights. This could become even more heightened and contentious because the Oneida Nation has already publicly declared their intention on also offering sports betting in their casinos if other casinos in the state also move forward with offering sports betting.
History of New York Legislative Efforts
With neighboring New Jersey and Pennsylvania having dramatically expanded legalized gambling in the past year, New York has every incentive to do the same, lest its gambling revenues be seized by other states. Nevertheless, New York has struggled to pass legislation that will legalize online gambling statewide.
The New York narrowly missed approving online gambling in 2017 before taking the issue up again this year. The New York State Senate passed a bill to legalize online poker last year and the year before, but the bill failed to clear the New York Assembly. The lower house does not have the support for online betting that is currently found in the upper chamber. The Senate had passed the bill with overwhelming support in previous years. Yet the Assembly has not even brought the bill up for a vote. In order to pass the bill, 76 votes are required in the Assembly, and support was just short of that number. After passing the bill twice, the Senate did not bring the bill for a vote in 2018, ostensibly waiting for the Assembly to support online gambling.
The New York legislation would operate by categorizing online poker as a game of skill and not as a game of luck. This is the same vehicle that has been used to permit daily fantasy sports to operate. This would follow a prior ruling by a federal court in New York that stated that poker was not strictly a game of chance because it pits the skill level of players against each other. The proposed bill would allow licensees that are already permitted to operate certain games in the state to apply for a license. These licenses would be issued no later than 180 days after the passage of the legislation. The licensing fee would be set at $10 million, but this fee would then be able to be used towards the applicant’s tax obligations for five years after payment. The tax rate for online poker operators would be set at 15 percent.
The complications preventing the passage of online poker legalization are largely political. New York is known for its fractious politics, and Assembly is highly partisan in nature. Online gambling has drawn primarily Democratic support, but not enough to allow the bill to move forward. In addition, New York’s governor has not vocally supported online gaming, which has prevented more Assemblymen from his own party from signing onto the bill. The governor purportedly has expressed concern that online gambling may negatively affect land-based casinos, which will also harm tourism in New York. A prior gaming bill in 2013 expanded land-based gambling in New York, and there is a sentiment that those new casinos should be given the opportunity to succeed. This viewpoint is contrary to the experience in New Jersey, where online gambling has been critical to overall casino revenue.
Currently, Indian tribes have exclusivity agreements with New York. Further, disputes between casinos regarding revenue sharing prevented them from unifying to get behind the bill. New York is currently embroiled in a dispute with the Seneca Nation, which has resulted in the tribe’s withholding of fees. The general turmoil and discord in the existing gaming industry have forestalled any kind of unified view that can be used to lobby the Assembly.
In addition, the legalization of sports betting is another initiative that has failed to gain approval. There is a possibility that proponents of gambling could seek to combine poker and sports betting into one bill to get them both across the finish line. The legalization of daily fantasy sports required a large legislative lift and may have already sapped the political will of the legislature for any further advances with regard to gaming.
Size of the New York Market
New York is already an established gaming market that still has yet untapped potential. The state is currently struggling to integrate new casinos that were opened as part of the state’s recent gaming expansion. Revenues for the new casinos have fallen short of expectations. Nevertheless, the size of the pie in New York is large. In 2015, the existing racinos reaped over $2 billion in revenue from slot machines. The gaming expansion allowed table games at certain casinos, but revenues have not lived up to expectations. Some casinos have fallen as much as 44 percent behind revenue projections and have sought state assistance in the form of a lower tax rate.
New York is a large part of the daily fantasy sports market. After being frozen out of the activity until it could be legalized, New Yorkers have returned to DFS In large numbers. Currently, New York entries comprise roughly ten percent of the DFS market. The total DFS revenue nationwide in 2017 was approximately $335 million, meaning roughly $35 million in revenue originates from New York.
The horse racing industry has been an iconic institution in New York for over 100 years. Saratoga and Belmont are world-famous racetracks and the New York racing industry joins California as the two pre-eminent states for racing in the country. Horse racing revenues have declined in recent years, consistent with the overall decline in the sport nationwide. The proliferation of gaming options has taken its toll on the sport. In 2016, handle at the state’s major tracks had fallen below $1.4 billion, a six percent drop from the previous year.
New York Daily Fantasy Sports
As it stands right now, daily fantasy sports games are totally legal in New York. You can currently play on all the biggest daily fantasy sports platforms, such as DraftKings, FanDuel, and Monkey Knife Fight. However, because there’s an ongoing argument on whether or not daily fantasy sports is more of a gambling game or a simple skill-based game, there are some questions about the future of DFS in New York. However, with the planned launch for legal sports betting in the state, you shouldn’t expect daily fantasy sports to be suddenly outlawed any time soon, barring anything unforeseen. Soon enough, you’ll be able to switch between the DraftKings DFS platform and DraftKings Sportsbook with ease.
Future of Online Gaming in New York
New York has announced the nine sportsbooks that will be gaining market access to the state via mobile and online sports betting. The online sports betting market is projected to be massive, as neighboring New Jersey hauls in over $1 billion of bets, monthly. However, the question remains on if online casinos and online poker are next in New York. Neighboring New Jersey, Pennsylvania, and Connecticut all allow online casinos and poker. This means that bettors in the state have access to these markets, they simply need to travel a bit to get it. With all of this exterior pressure, it makes sense that New York will look to have iGaming in the future.
A lot of eyes will be on New York as experts and sportsbooks see if sportsbooks can really succeed with a 51% tax on revenue. This is what the sportsbooks signed up for when they each submitted their bids. However, the reality of the situation is that there will still be fierce competition and lower profit margins in the state. What sportsbook will come out on top? What sportsbooks can handle the financial burden of the monster tax in a multi-book state?
DraftKings New York Review
Name: DraftKings NY Review
Description: DraftKings Sportsbook has quickly garnered tons of fans across North America. The former King of Daily Fantasy Sports has rocketed itself into the conversation of the best sportsbook in North America and maybe the world. DraftKings now launches its product in New York, one of the United States' biggest markets. Previously the app was available at an upstate casino, but now you can use DraftKings New York Sportbook anywhere in the state with your mobile phone, tablet, or computer.
Operating System: iOS, OSX, Android, Windows
Application Category: Game
Author: Matthew Amato
- User Interface
- Odds Pricing
- Betting Markets
DraftKings NY Review Summary
DraftKings is one of North America’s favorite sportsbooks for good reason. DraftKings New York offers a fantastic product that both new and experienced bettors will love. The odds pricing is some of the most competitive in the industry, and the promotions are excellent. However, the biggest strength of DraftKings is the user experience. The app runs extremely well and has a wonderful design. On top of this, there are tons of betting markets, allowing the bettor to have their choice of what to wager on.
- User Interface is easy to use
- Promotions are plentiful
- Top of the line Support
- DFS & Sportsbook linking
- No support phone line
- No customizable theme for the interface