BELOW SUPERNAV drop zone ⇩

New York mobile sports gambling goes live this weekend

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

maylen

https://digital-stage.newsnationnow.com/

BE - Test Share

More Sports

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

NEW YORK (AP) — Mobile sports betting is coming to New York.

The state’s gaming commission announced Thursday that four of the nine mobile sports wagering operators selected in November have been approved to accept bets as early as Saturday morning.

The announcement gave the go-ahead to Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive. The New York State Gaming Commission said the other five — Wynn Interactive, Resorts World, BallyBet, BetMGM and PointsBet — are in the process of meeting statutory and regulatory requirements and will be approved when those requirements are met.

Several upstate casinos began allowing in-person sports betting in 2019, but the push to tap into the more lucrative mobile market stalled while then-New York Gov. Andrew Cuomo questioned whether approving it would require a change to the state’s constitution before he ultimately signed the bill into law in April.

State elected officials have estimated it could bring in up to $500 million in tax revenue annually.

Democratic state Sen. Joseph Addabbo Jr., a longtime advocate for legal sports gambling, called the announcement Thursday “great news for New York in terms of revenue, new funding for education, addiction programs, and youth sports, as well as new jobs.”

Since 2018, when the U.S. Supreme Court struck down a 1990s federal law against sports gambling in a case brought by then-New Jersey Gov. Chris Christie, about half of U.S. states have implemented some form of legal sports gambling. New York has seen neighboring New Jersey and other nearby states, most recently Connecticut, implement sports betting laws that lured away gamblers and revenue.

New Jersey has surpassed Nevada as the top sports betting market in the U.S. Through the end of November, New Jersey’s nine casinos and the three-horse tracks that take sports bets have taken nearly $10 billion in wagers, including online wagers. Industry experts have estimated as much as 25% to 30% of sports bets in New Jersey are placed by New York residents.

Connecticut began accepting sports wagers in October, and Pennsylvania has had legal sports betting since late 2018.

Northeast

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

68°F Sunny Feels like 68°
Wind
1 mph SSW
Humidity
28%
Sunrise
Sunset

Tonight

A few passing clouds. Low 46F. Winds light and variable.
46°F A few passing clouds. Low 46F. Winds light and variable.
Wind
2 mph N
Precip
9%
Sunset
Moon Phase
Waning Gibbous