Sports Betting in New York
New York online sports betting launched in January 2022 and is the largest US market by handle.
New York launched online sports betting on January 8, 2022, and almost immediately became the #1 US market by handle. Nine mobile operators are licensed under tightly capped state contracts: DraftKings, FanDuel, BetMGM, Caesars, BetRivers, theScore Bet (formerly PointsBet), Fanatics, and Bally Bet. New York charges a 51% tax on mobile gross gaming revenue - by far the highest rate in the US - which has dampened promotional generosity but generated more state tax revenue than any other state. Retail sportsbooks operate at upstate commercial casinos (Resorts World, Rivers Schenectady, Tioga Downs, del Lago) and at four downstate locations awarded in 2024.
Key Facts
- Online launched January 8, 2022
- Largest US market by handle
- 9 licensed mobile operators (capped - no new entrants)
- 51% tax on mobile gross gaming revenue - highest in the US
- Generates more state tax revenue than any other state's sports betting
- No betting on in-state college teams during regular season
Legal Sportsbooks in New York
Notable Restrictions
- No betting on in-state college teams during regular-season play (postseason permitted)
- Operator licenses are capped - no new entrants without legislative action
Responsible Gambling in New York
Minimum betting age: 21. New York problem gambling helpline: 1-877-8-HOPENY (24/7, free, confidential). See our responsible gambling resources for self-exclusion options and warning signs.
Frequently Asked Questions
When did New York launch online sports betting?
January 8, 2022. The market launched with four operators (DraftKings, FanDuel, Caesars, BetRivers) and expanded over the following months.
Why is the New York tax rate so high?
New York charges 51% of mobile gross gaming revenue - the highest rate in the US. This was set by the state to maximize tax revenue per operator. The cost is partially passed to bettors through thinner promos and odds margins.
How many sportsbooks are legal in New York?
Nine licensed mobile operators including DraftKings, FanDuel, BetMGM, Caesars, BetRivers, theScore Bet, Fanatics, and Bally Bet. The license cap means no new operators can enter without legislative action.
Can I bet on Syracuse or Cornell games?
Generally no during regular-season play. New York prohibits wagering on in-state college teams in regular-season games but permits postseason wagers.
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