New York sports betting is legal and off to a great start, becoming the top US market in 2022 within a month of launching. Retail sportsbooks have been operating since 2019, but the game changed for the better once New York online wagering sites entered the market in full force.

The New York online sportsbooks that have launched in 2022 are DraftKings, Caesars Sportsbook, FanDuel, BetMGM, BetRivers, PointsBet NY, WynnBET and Resorts World NY. Bally Bet was the last to launch, doing so in July 2022.

In the sections below, we'll outline more about the online sports betting market in New York, including which sports betting operators are involved, how mobile sports wagering works, which teams New York sports fans can bet on and more.

🌟 More on New York Sports Betting
Top New York Sports Betting Sites & Betting Apps
Mobile Sports Betting Apps in New York
Promotions & Offers At New York Online Sportsbooks
How To Choose A New York Online Sportsbook?
How to Deposit and Withdraw from NY Sports Betting Apps & Sites
Bet Types & Sports Wagers At Legal New York Sportsbooks
NY Sports To Bet
New York Teams To Bet
Other Popular NY Betting
Is Sports Betting Legal in New York?
NY Online Sports Betting Legislation
New York Legal Sports Betting Legislation Timeline
New York Sports Betting Revenue
Who Regulates New York Sports Betting Sites?
New York Sports Team Partners
How New York Sports Betting Compares to the Other Legal States
Retail Sports Betting VS Mobile Sports Betting
Responsible NY Sports Betting
New York Sports Betting FAQ

Top New York Sports Betting Sites & Betting Apps

Two segments of NY sports betting sites — totaling nine sports betting operators — were granted New York online betting licenses by the New York State Gaming Commission. Here's a quick look at each of the New York legalized sports betting sites, most of which launched in early 2022.

New York Sports Betting Promo Code

Caesars Sportsbook NY

 

The Caesars Sportsbook NY promo code offer when it launched blew all the competition out of the water, and it continues to be a market leader in the Empire State with arguably the best sports betting app and a wide range of betting markets. What makes the Caesars Sportsbook NY so strong is that it can be easily navigated, offers an early cash-out feature, has competitive odds with a strong selection of futures betting options and is home to one of the leading rewards programs in the industry.

The Caesars Sportsbook Loyalty Program grants bettors points regardless of winning or losing. All that's required is to place sports wagers to earn Caesars Sportsbooks Reward points, which can be exchanged for free bets, hotel stays, meals, spa treatments, tickets and other perks. 

✅ Caesars Sportsbook NY Promo Code: REALGMFULL
📱 Caesars Sportsbook Bonus Offer: Up to $1,250 on Caesars + 1,000 Tier Credits and 1,000 Reward Credits
💳 Minimum Deposit: $20
📅 Live since: January 2022 (app offered via App Store & Google Play)
💰 Playthrough: 1x

States Available In: Arizona, Colorado, Iowa, Indiana, Illinois, Kansas, Louisiana, Michigan, New Jersey, New York, Tennessee, Virginia, West Virginia (and D.C.)

 

New York Sports Betting Promo Code

BetRivers Sportsbook NY

 

The BetRivers NY promo code delivers a risk-free bet of up to $100, featuring just a 1x playthrough. Bettors can access live-streaming feature on the majority of NY teams and same-game parlays on BetRivers New York. But, the features don't stop there. With the BetRivers NY Sportsbook app, users can take advantage of a terrific loyalty program and additional promotions that include odds boosts, free bets and profit boosts. 

✅ BetRivers NY Promo Code: Click Here To Claim
📱 BetRivers Bonus Offer: Risk-free bet up to $100
💳 Minimum Deposit: $10
📅 Live since: January 2022 (app offered via App Store & Google Play)
💰 Playthrough: 1x

States Available In: Arizona, Colorado, Iowa, Indiana, Illinois, Louisiana, Michigan, New Jersey, New York, Virginia, West Virginia

 

New York Sports Betting Promo Code

DraftKings Sportsbook NY

 

DraftKings Sportsbook is one of the most popular and well-established US operators, and the DraftKings New York promo code offer has proven popular with NY bettors since its launch in January 2022. There are many reasons for its popularity in the New York market, including the refined and easy-to-navigate app interface, wide selection of betting markets and impressive array of prop bet options, particularly for NFL games. Also, NY bettors can benefit from regular odds boosts and an appealing selection of ongoing promotions. 

✅ DraftKings New York Promo Code: Claim it Now
⏳ DraftKings NY Welcome Bonus: 20% Deposit Match (Max Deposit is $5,000)
💳 Minimum Deposit: $10
📅 Live Since: January 2022 (app offered via App Store & Google Play)
💰 Playthrough: 25x

States Available In: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming

 

New York Sports Betting Promo Code

FanDuel Sportsbook NY

 

FanDuel Sportsbook has built a strong reputation in the NY market, building on its stellar performance across the country. What's most notable about this sportsbook is the FanDuel promo code NY offer, which rewards new users with a No Sweat First Bet up to $1,000, which refunds bettors with site credit for a losing first wager. FanDuel NY sometimes will offer an alternative short-term sign-up offer, such as a Bet $10, Get $200 in Free Bets deal.

Bettors in New York benefit from an outstanding user experience, free bets and odds boosts, quick payments and more with the FanDuel Sportsbook NY app. Also, the mobile app is sleek and has an easy-to-navigate interface. 

💸 FanDuel New York Promo Code: Click Here To Claim
⏳ FanDuel NY Welcome Offer: $1,000 No Sweat First Bet
💳 Minimum Deposit: $10
📆 Live since: January 2022 (app offered via App Store & Google Play)
💰 Playthrough: 1x

States Available In: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia

 

PointsBet NY

PointsBet Sportsbook NY

 

This Australia-based sportsbook has made a name for itself in the NY sports betting scene with a great mobile app experience, an impressive welcome offer worth up to $800 and the option to customize spreads. Apart from this, bettors can also use the basic betting options like spreads, sides, totals and parlays.

These offerings have helped PointsBet Sportsbook distinguish itself in the NY market. PointsBet Sportsbook NY also features a sleek design, user-friendly journey and wide offering of events.

💸 PointsBet New York Promo Code: Click Here to Claim
⏳ PointsBet NY Welcome Offer: 4 Risk-Free Bets Up to $200 Each
💳 Minimum Deposit: $5
📆 Live since: January 2022 (app offered via App Store & Google Play)
💰 Playthrough: 1x

States Available In: Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, New Jersey, New York, Virginia, West Virginia

 

New York Sports Betting Promo Code

BetMGM New York

 

The BetMGM New York bonus code opens the door to a wealth of promotions and one of the best sports betting apps in the country. Other advantages of BetMGM Sportsbook NY are the wide variety of sports and bet types, odds boosts, generous promotions for existing users and a flawless user experience. 

The BetMGM New York Sportsbook mobile app also allows bettors to take advantage of the well-known rewards program. Another unique feature of BetMGM NY is that the online betting site has a partnership with the NFL's New York Jets through the team's mobile app, allowing fans to make predictions for each game and win prizes.

💸 BetMGM New York Bonus Code: REALGMNY
💳 Minimum Deposit: $10
📅 Live since: January 2022 (app offered via App Store & Google Play)

States Available In: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming (and D.C.)

 

WynnBET Sportsbook NY

The WynnBET New York sports betting app is particularly attractive for new bettors because of its stylish, straightforward and user-friendly interface that makes it a breeze for beginners and pleasure for more seasoned bettors. Additionally, the WynnBET NY promo code delivers casual bettors a straightforward experience as well as ongoing promotions.

There are additional features offered by WynnBET NY, too. Bettors can earn points with the WynnBET rewards program, which convert into additional free bets. Further, the WynnBET app has reliable withdrawal methods and excellent customer support. 

✅ WynnBET NY Promo Code: XREALGM
💳 Minimum Deposit: $50
📅 Live since: February 2022 (app offered via App Store & Google Play)

States Available In: Arizona, Colorado, Indiana, Michigan, New Jersey, New York, Tennessee, Virginia

 

Empire Resorts Sportsbook NY

The official title of the mobile betting brand for Empire Resorts Sportsbook NY is "Resorts World Bet," and like the rest of the operators on this page, it is licensed by the NY State Gaming Commission. This sportsbook offers NY bettors an extensive sports wagering menu including same-game parlays, futures, props, totals and competitive odds, with added odds boosters on select bets.

  • Welcome Offer: Risk-free bet of up to $500

  • Live Since: March 2022

  • States Available In: New York

  • App Offered: Via the App Store and Google Play

Bally Bet Sportsbook NY

Bally Bet NY was the last of the first wave of New York sports betting sites, but the Bally Corporation is quite sizable, with 14 casinos/resorts spanning 10 states and a collection of 19 regional sports networks. It also owns Monkey Knife Fight, a daily fantasy sports platform. Yes, Bally Bet will be the last of the initial nine entries to join in the NY online sports betting market — but there are great expectations.

  • Live since: By July 2022

  • States Available In: Arizona, Colorado, Iowa, Indiana, New York, Virginia

  • App Offered: Via the App Store and Google Play

 

Sportsbooks That Didn’t Make The Cut

It's a competitive market, and not all applicants received a NY sports betting license. Among the dozen-plus online sportsbooks that applied, the ones that missed the cut to offer NY online sports betting include Barstool Sportsbook, Fanatics Sportsbook, bet365, theScore Bet and FOX Bet. It's certainly possible that the New York Gaming Commission will award more licenses in the future.

Mobile Sports Betting Apps in New York

It's clear that sportsbook apps have already played an enormous role in the overall online betting activity of New York bettors in 2022. Mobile and online betting is the easiest way to place sports wagers because you can place a bet from anywhere in the state. With that in mind, NY sportsbook apps that rate highly on the App Store and on Google Play have a significant influence on the popularity of certain NY online sportsbooks.

 

Promotions & Offers At New York Online Sportsbooks

New York Sports Betting Promos & Offers

As a customer, you want to be valued, right? New York sports betting sites are going to compete for your business, as they should, and they're going to have their own types of offers and promotions to try to reel you in. Pay attention to what the online sportsbooks are offering (we'll outline the basics right here) and make the choice that's right for you.

Risk-Free Bets 

A bet is "risk-free" when the user is bound to win something no matter what. A typical risk-free bet grants a customer a free bet if their wager loses, and that free bet is worth the same value as the wager itself (up to a certain amount, such as $1,000).

Deposit Match

As simple as it sounds, a deposit match means the online sports betting site will grant a bonus dependent on the size of a customer's deposit. Up to a certain point, larger deposits yield larger deposit matches. Sometimes those funds come as a single free bet - which is not withdrawable - and other times it could be bonus funds to be wagered as you see fit within a specified timeframe.

 

Referral Bonuses

It pays to have friends. Some sports wagering websites will allow customers to earn rewards by referring friends, either through a link or a code. The bonus value may vary, but free bets are typically what's up for grabs.

Odds Boosts

An odds boost improves the value of your bet, which is sometimes offered for new-customer promos. For example, a "Bet $5 to Win $150" offer would give you +3000 odds for a particular betting market, where that market may have previously had odds of -110 or longer. Less extreme odds boosts are available at some online and mobile betting sites regularly.

 

New York Sports Betting Promo Code

How To Choose A New York Online Sportsbook?

Welcome offers/promotions present one way to choose the New York sports betting site that's best for you, but it takes more than that. Here are a few of the key elements that you should be considering as you decide which online sports betting site deserves your business.

Variety Of Allowed

Variety pertains to types of bets/contests and types of sports offered. Some New York sports bettors may prefer a simple site that keeps its choices mainstream. Other bettors may want to parlay NBA picks with table tennis or comb through long lists of obscure player props.

Competitive Lines and Odds 

Nobody wants to feel like they're getting ripped off — and at the same time, any attainable edge is preferred, too. We make sure to vet the sportsbooks we highlight to ensure their lines and odds are competitive. In New York, the market has been well served from the beginning with several sportsbooks for users to pick from.

It might make sense to open accounts with multiple sportsbooks, so you can keep tabs on the slight changes in odds that might appear from one site to the next on a given matchup. With accounts at multiple sportsbook sites, you'll know you're always getting the best odds available.

Suppose there's a Jets/Giants NFL game and you want to place a moneyline bet on the Jets. At Sportsbook A, the Jets might have -120 moneyline odds, while Sportsbook B gives the Jets -115 moneyline odds. In this example, the odds are slightly longer at Sportsbook B, and therefore that's where you'll see better value for your wager.

 

Frequency Of Betting Bonuses 

Again, welcome offers/promotions are great. However, bonuses that are available every week, or ones that coincide with major sporting events, enhance a customer's enjoyment by a much greater factor over time. Some bonuses are related to loyalty programs, or to making certain types of bets (e.g., parlays), and all of them add fun to a user's experience.

Friendly User Interface 

This one might sound obvious, but you need a mobile app or website that runs smoothly and can be navigated easily. When it's 12:50 p.m. on a Sunday and you want to make some NFL picks before the day's slate of games begins, it's important to have a mobile sports betting interface that can accommodate.

Ease Of Deposits and Withdrawal  

If you're interested in online sports betting for the fun of it, that's great. If you're looking to make some money, that's great too. When it comes to the latter goal, you'll need to be using a New York mobile sports betting platform that allows you to easily deposit and withdraw funds. If you've got a major credit card and an online banking setup that you're familiar with, you'll be in great shape. If not, just be sure to check out the payment options at the online sportsbooks before committing to one.

 

Customer Support

Pretty much any reputable online sportsbook will have a series of FAQs for its customers to access. But what happens when you just need to speak to a live voice or explain something via email? An attentive customer support staff with flexible hours can go a long way in easing a customer's frustrations.

How to Deposit and Withdraw from NY Sports Betting Apps & Sites

Check each sportsbook's payment options before you try to bank with them, so that you know you can withdraw funds just as easily as you deposit them. The most common ways to deposit funds at online sportsbooks are credit/debit cards (particularly VISA or MasterCard), online bank transfers, PayPal, electronic checks and prepaid Play+ Card.

To withdraw, you'll most likely need to use one of the following: online bank transfer, PayPal, electronic check or transfer to Play+ Card. PayPal and Play+ tend to be the fastest methods to withdraw winnings.

Bet Types & Sports Wagers At Legal New York Sportsbooks

Moneyline

Predict the winner of the game. Both teams will have odds for an outright win, and your job is to pick which team will wind up with a higher final score.

Parlays

Attach two or more individual bets into a collective wager, which presents greater risk and reward. Each prop or straight bet is called a "leg," and users need all of their legs to be successful in order for the parlay as a whole to be successful. At some NY sportsbook sites and apps, a parlay can be made from a single game, or from multiple games in one or more sports.

Totals

Predict the total combined points of a game, based on a line presented by the sportsbook. Your task is to predict whether a game's point total will go over or under the sportsbook's projected line, which is why some people refer to point totals as "over/unders."

 

Point Spreads

Predict which team will win based on a presupposed margin of victory or defeat. Team A, for instance, might be a 5.5-point favorite on the point spread. That means an outright win is not enough for them to "cover" the spread, but rather that they must win by six or more points.

Futures

Predict an outcome that may not occur until weeks or months down the road. In many cases, futures bets relate to team successes (division titles, making the playoffs, winning a championship) or player awards (MVP, rookie of the year, etc.).

Prop Bets

Predict an event from a game that might not relate to the game's outcome. Depending on the sportsbook, you can find a multitude of props, but some of the more basic ones are anytime goal/touchdown scorer, over/under for a player's points/yards, etc.

 

Live Bets

Predict a straight bet (i.e., moneyline, point total or point spread) for an event as that event is unfolding. Maybe you notice that Team A is trailing by a decent margin, but Team B just lost an important player due to an ejection. Live-betting on Team A could be to your benefit.

Prohibited Bets

When crafting a parlay, you'll find that some bets are not allowed to be combined. For example, if you bet on the moneyline of an NBA game, you may not also be able bet on the point spread for that same game.

 

NY Sports To Bet

Football Betting

Football is king, especially as it relates to the NFL. Many of the New York online sports betting destinations will have promotions geared toward NFL parlays, as well as odds boosts related to NFL props. It's arguably the best sport to bet on because of how many unique player props are available week-to-week.

Basketball Betting 

When you think about sports leagues driven by their stars, the first one that should come to mind is the NBA. Whether a team is particularly good or not, a lot of games are worth watching (and betting on) because of the presence of a superstar. Like the NFL, the NBA has a load of player props available every night.

Baseball Betting 

The common gripe about baseball is that games are slow and long, right? Well, all the more reason to turn it into a vehicle for sports betting! And there are enough pauses in the action to make live betting a feasible activity between at-bats. Baseball has plenty of upsets on a night-to-night basis, too, because series sweeps aren't all that common.

 

Hockey Betting 

Not all states are equally hockey crazy, but New York is home to more NHL teams than any other state: the Rangers, Islanders and Sabres. As is the case with baseball, hockey is more commonly wagered upon with moneyline bets as opposed to spread - known as the puck line. But with the number of games are played each night during the season, you can craft some pretty juicy parlays.

College Sports

The NCAA basketball tournament is one of the most fun sporting events to watch, and March Madness betting is huge every year. The college football season (especially bowl season) always has its share of memorable moments, too. It's important to note that New York sports bettors cannot bet on in-state university teams, such as Syracuse and St. John's.

 

New York Teams To Bet

Buffalo Bills

Bet on Buffalo Bills

Bills fans will likely always be haunted by the four consecutive Super Bowl losses in the early 1990s, but at least they have a redeemable product on the field in the present day. Led by Josh Allen, one of the most dynamic young quarterbacks in the NFL, Buffalo is a popular Super Bowl pick this season.

New York Jets

Bet on New York Jets

Unfortunately for the Jets, their most compelling futures bet will relate to the NFL Draft and win total. They're working on a sixth consecutive losing season, and they haven't made the playoffs since 2010. But hey, even if they lose, Jets fans still have a chance to win each week - either with a spread bet or by fading their team.

New York Giants

Bet on New York Giants

It's difficult to believe that the Giants have two Super Bowl championships in the past 15 years given how poorly they've performed of late. With just one playoff appearance and two winning seasons since 2012, they're nearly as hapless as the Jets. The NFC East is a gritty division, though, and the Giants often find themselves in winnable games.

New York Knicks

Bet on New York Knicks

A young core is emerging on the Knicks' roster, which makes them a really fun team to watch — even if they lose as often as they win. The 2021-22 season was a significant step backward after an unexpected 4 seed in the 2021 NBA playoffs - Derrick Rose's injury didn't help - but there's always next year.

Brooklyn Nets

Bet on Brooklyn Nets

The Brooklyn Nets disappointed in the 2022 NBA playoffs after just barely making the postseason - despite being title favorites entering the campaign. They are not lacking for talent but made for a frustrating bet for Nets backers at New York sports betting sites.

New York Yankees

Bet on New York Yankees

The Yankees are one of the most iconic franchises in all of sports, not just baseball, and their fans are waiting - impatiently - for that next World Series title. Their double-edged sword right now is that the AL East has four legitimate contenders, which will make for some exciting but difficult sports betting opportunities.

New York Mets

Bet on New York Mets

Ever since billionaire Steven Cohen became the Mets' owner, the team has spent much more freely in an effort to keep up with big-market expectations. The results haven't quite followed, but ace Jacob deGrom is a perennial Cy Young contender and is still worth consideration in futures markets until he proves otherwise.

New York Rangers

Bet on New York Rangers

In the 2020 NHL Draft, the Rangers were the luckiest squad of the bunch, landing the top lottery selection in Alexis Lafreniere. They're building around a young goaltender in Igor Shesterkin and another top-two pick in Kaapo Kakko. But they've got established stars too, which is why the Rangers are a reasonable Stanley Cup contender most seasons.

New York Islanders

Bet on New York Islanders

After back-to-back trips to the Eastern Conference Finals, the low-scoring tendencies of the Islanders have finally caught up to them. They're not a team to trust on the moneyline most nights, and will have a new coach for the 2022-23 campaign.

New York City Football Club

Bet on New York City Football Club

Having debuted in the MLS in 2015, the New York City FC has turned in positive goal differentials and playoff appearances in each of its past six seasons. In 2021, NYC FC took home the MLS Cup, the first in franchise history, with two playoff wins coming via penalty kicks along the way.

 

Other Popular NY Betting

Daily Fantasy Sports

Daily fantasy sports betting typically involves selecting players (sometimes in a draft, sometimes based on salary restrictions) and trying to outscore opponents in various contest formats. Occasionally, the contests are scored based on player props instead of point totals for individual players. DFS has been legal in New York since 2016 and is particularly popular at DraftKings and FanDuel Sportsbook. Other daily fantasy sports sites that are legal in New York include WinView Games, Underdog Fantasy and Monkey Knife Fight.

Horse Racing

Mobile betting on horse racing is not yet legal in New York, and there's no guarantee that it will be with the implementation of mobile sportsbooks. But active legislation at the state senate could change that, as fixed-odds mobile betting options for horse racing are being discussed.

Elections

There is no indication at this point that elections will be fair game for legal sports betting websites in New York - or anywhere in the US.

Pop Culture Ceremonies

Betting on such events as the Oscars and Emmys are available at select mobile sportsbooks in some states, including neighboring New Jersey. This may be available for New Yorkers someday.

eSports

Retail sportsbooks don't offer sports wagering on eSports, and mobile sportsbooks won't have those offerings either. Of course, that could change over time.

 

Yes, mobile and online sports betting are legal and operating in New York. NY online sportsbook sites had prepared themselves well for the launch of sportsbook websites in January 2022. Just a few days after the New Year, online sports betting apps were up and running for the NY market. Since then, New York is proving itself to be king of the US online sports betting world.

NY Online Sports Betting Legislation

Back in 2019, the New York Gaming Commission gave the green light for retail sports betting to take place at the state's casinos. That came only a year after the U.S. Supreme Court allowed all states to legalize sports betting.

In April 2021, New York Governor Andrew Cuomo added online sports betting revenue to the 2022 state budget, which was a crucial acknowledgment that mobile sports betting was right around the corner. In the fall of 2021, the NY State Gaming Commission set its deadline for online sports betting license applicants, and the nine licensees were chosen shortly thereafter. Real money sports betting in New York launched in early January 2022.

 

New York Legal Sports Betting Legislation Timeline

  • July 7, 2022: Bally Bet Sportsbook New York goes live, completing the initial of nine online sportsbooks in the state.
  • June 13, 2022: New York sportsbooks reported a handle of $1.27 billion for May, resulting in revenue of $110.4 million. 
  • May 9, 2022: New York reports that it posted more than $1.39 billion in monthly handle in April, and total tax revenue collected since sports betting launched early in the year soared past $200 million.
  • April 2022: Thanks to robust March Madness betting, monthly handle for March nearly sets another record, settling in at a whopping $1.63 billion.
  • March 2022: The Super Bowl in February keeps the handle in heady space - $1.53 billion.
  • February 2022: Sports betting revenue for January reported, and it is a record for any state: $1.67 billion, making New York the unquestioned king of online sports betting in the US.
  • January 2022: Online New York sports betting went live with Caesars, FanDuel, DraftKings and BetRivers, as their apps were officially launched in New York state including New York City.
  • Dec. 10, 2021: State senator Joseph Addabbo targeted early 2022 as a realistic launch date for mobile sportsbooks, with the goal to be up and running ahead of the Super Bowl.
  • Nov. 24, 2021: Mobile sports betting rules are outlined by New York's Department of State, allowing the nine sports betting licensees to begin preparing for a winter launch.
  • Nov. 8, 2021: The New York State Gaming Commission awards online sportsbook licenses to the following nine sites: FanDuel, DraftKings, BetMGM, Caesars Sports, Bally Bet, WynnBET, PointsBet, BetRivers and Empire Resorts.
  • Nov. 2, 2021: The New York Post reports that licensing decisions are looming and that a group involving Fanatics and Barstool may be on the outside looking in.
  • August 2021: The New York State Gaming Commission discloses six mobile sportsbook applicants. The applicants (with partners) are Bet365; Kambi Group (Barstool, Fanatics); Kambi Group (BetRivers, Caesars, Resorts World, PointsBet, WynnBet); FanDuel Sportsbook (Bally Bet, BetMGM, DraftKings); FOX Bet; and theScore, which was recently purchased by Penn National Gaming, owner of Barstool.
  • April 2021: Gov. Andrew Cuomo signs New York State's budget for the 2022 fiscal year, which includes revenue for online sports wagering. Licensees are yet to be determined, but nearly half of all mobile sports betting revenue in the state is expected to be shared between the government and the licensed operators.
  • January 2021: New York Governor Andrew Cuomo tweets his support for legalized online sports betting, adding that he's "proposing legislation" to authorize it in New York.
  •  

New York Sports Betting Revenue

The NY sports betting market alone generated $125 million in revenue after its launch on January 8, 2022. Online sportsbooks obtained an average of $69.6 million per day over the 24 days that followed. Having launched ahead of the NFL playoffs played a major role in the success of sportsbooks at this time. However, the online sports betting launch met the long-time-coming demand in New York - and it became the largest market in the US within a month, beating out neighboring New Jersey.

The first month of NY mobile sports betting in January generated a record $1.67 billion in handle, creating $124.1 million in gross gaming revenue. February came in at $1.53 billion, March $1.63 billion and April was $1.39 billion. Gross gaming revenue in April was $104.14 million, meaning with its 51% tax rate, the state collected more than $216 million in taxes in under four months.

 

New York Legal Online Sports Betting Tax Rate 

The online sports betting tax rate in New York will be a hefty 51%, the highest tax rate in the U.S. (tied with New Hampshire).

Who Regulates New York Sports Betting Sites?

As its name aptly suggests, the New York State Gaming Commission regulates sports betting apps and sites in the state. The commission was responsible for approving sports betting licenses for the nine incoming sportsbooks.

New York Sports Team Partners

If you're attending a sporting event in New York or watching one on TV, you might notice some signage for a particular sportsbook. That's because some pro teams in the state have formed relationships with particular betting partners, as we identify here.

 

New York Giants - DraftKings Sportsbook

In September 2020, the Giants made DraftKings the official sports betting, iGaming and daily fantasy operator of the team. The multi-year agreement also allows DraftKings to use officially licenses Giants logos on its site and in promotions.

New York Jets - BetMGM Sportsbook, WynnBET Sportsbook

The Jets' deal with BetMGM includes a BetMGM-branded studio at their training facility in Florham Park, NJ, as well as a pair of Jets-branded casino games on the BetMGM site. With WynnBET, the Jets have found the official betting partner of their team. WynnBET is the presenting partner for the Jets Podcast Network and for the Jets' pre- and post-game shows on SNY.

New York Knicks, New York Rangers - Caesars Sportsbook

In a deal with Madison Square Garden (MSG) Sports and MSG Entertainment, Caesars Sportsbook is the official betting partner of both the Knicks and the Rangers. Comedian JB Smoove, a lifelong Knicks fan who is an official spokesperson for Caesars Sports, has debuted digital content for MSG that is sponsored by Caesars.

Brooklyn Nets, New York Islanders — Betway

The agreement between Betway and the Nets/Islanders allows for arena signage at both teams' home games. Betway is also considered the official betting partner of the NHL.

Partnerships like these allow fans to associate their favorite New York sports teams with a sportsbook in an emerging market. If you're a Giants fan and you watch a lot of their games, maybe you'll be more willing to give DraftKings a try. Who knows? But it's that type of brand association that sportsbooks are banking on.

 

How New York Sports Betting Compares to the Other Legal States

Not too long ago, New Yorkers had to usher themselves to outside states to place online bets or gamble at commercial casinos where the options were limited. With the launch of online sportsbooks, bettors can access their chosen sportsbook app with a simple tap on their smartphone anywhere in the state.

It's no longer required to venture out to a land-based facility to sign-up and gamble. Just head to the App Store or Google Play and you'll be good to go!

 

Retail Sports Betting VS Mobile Sports Betting

The obvious point in favor of retail sports betting is that New Yorkers have had that option available to them for quite some time. And while they're at a land-based betting location, bettors can enjoy casino games, too.

But now, mobile sports betting platforms have launched and have gained traction in the market. The convenience that online sports betting has provided New York sports bettors is a difference-maker, especially for those located in New York City. All NY residents or visitors need to do is download an app and bet directly from their phone.

Responsible NY Sports Betting

Look for the "Responsible Gaming" section at any sportsbook you choose, which is often located at the bottom of the page. There you'll find resources to play responsibly, including gambling hotlines and warning signs for gamblers. You may also check your settings to place limits on how much you bet and/or how often you're on the site.

New York Sports Betting FAQ

Is sports betting legal in New York?

Yes, sports betting is legal in New York. Legalized online betting officially launched on January 8, 2022, making both retail and online sports betting in New York State 100% legal. To make bets with the best New York sites, our reviews should help you in deciding which one suits your needs best.

How old do I need to be to bet on sports in New York?

To legally bet on sports in New York state, you must be 21 years old. This is true for online sports betting as well as brick-and-mortar locations. You can read about the age requirement in the sportsbooks General T&C's.

Do NY Residents pay taxes on betting?

Assuming you earn winnings while betting, yes. Gambling winnings, whether placed at a retail sportsbook or online at a NY sports betting site, are treated as income (and are therefore taxable) if the value exceeds $600. Therefore, any winnings that surpass this threshold will automatically trigger a notification to the IRS and a W-2G Form will be issued to you. Please note that according to the IRS, it is your responsibility to report all gambling income on your federal and state tax returns.

Where can I bet at New York sportsbooks?

You can bet at one of the various retail sportsbooks listed above if you want to travel to wager; or you can just take advantage of the eight mobile sportsbooks that launched in January 2022. These have widened the scope of legal sports betting considerably in New York since it is no longer necessary to visit a retail sportsbook to place bets online within state lines.

Are there NY sports betting apps?

Yes, NY mobile sports betting apps are available as they were launched into the market in January 2022 and the months that followed. We have mentioned the eight legal sports betting apps that are currently live above, as well as the one still waiting to launch - Bally Bet. However, there's no saying that more won't join the market later on down the line.

Do I need to be a NY resident to bet online?

No, you can be a resident of any other state but in order to play, you'll need to be located within state lines. New York sports bettors have quite the selection to choose from for legal online NY sportsbooks like DraftKings, FanDuel Sportsbook and BetMGM.

Who can offer New York sports betting?

Nine licensees legally launched their mobile platforms to bettors. The available operators are DraftKings, FanDuel Sportsbook, Caesars Sportsbook, BetMGM, BetRivers, WynnBET, PointsBet, and Bally Bet Sportsbook. Additionally, a select group of brick-and-mortar casinos offers sports betting to New York residents and visitors.

When did sports betting launch in NY?

Online sports betting officially launched in New York on January 8, 2022. Now bettors in NY can take full of advantage of the top online sportsbook operators which we have mentioned above in greater detail.