New York Online Sports Betting

New York is set to launch online sports betting in the second or third week of January. This legalization comes at a time when the state is looking to expand its economy and has many other priorities. If you’re an avid sports fan, there’s no better time to join in the fun. This state has a long history of regulating gambling and has made the transition to legalized sports betting a smooth process. Follow the steps below to get started.

online betting

New York state sports betting was off to a great start in 2021, with sportsbooks bringing in a combined $3.57 million in gross revenue through January. In the state, the Governor has endorsed the legalization of online sports betting, and he has also endorsed the single-source model run by the state lottery. This model has been heavily criticized in Washington, D.C., and is seen as bad for consumers.

New York state sports betting is thriving and has seen a tremendous start in 2021. Through January, sportsbooks in the state had collectively generated $3.57 million in gross revenues. The state’s Governor, Andrew Cuomo, has also stated his support for online sports betting, and has even endorsed a single-source model run by the state lottery. This model has come under a lot of criticism in Washington D.C. and may ultimately result in higher prices for consumers.