Sports Betting New York State
Sports Betting New York State 3,5/5 322 votes
New York casinos authorized to launch sports betting The four state-licensed, commercial casinos in upstate New York have each appointed a sports betting partner and have on-site sportsbook facilities that are currently operational. Through Rivers Casino & Resort Schenectady, BetRivers has an avenue to online sports betting in New York. It has climbed to dominance in Pennsylvania and Illinois, and most certainly it will look to continue the trend in New York. Even Caesars Entertainment has a path to online sports betting, providing retail wagering to three tribal casinos. Check the thermometer in hell: Gov. Andrew Cuomo is ready to bring NY sports betting into the modern era – sort of. Cuomo will include mobile New York sports betting in his 2021 policy proposals for the state, according to a report from the NY Daily News. The governor said Wednesday that he wants the state lottery to run it, though, tempering excitement around the development.
Watch: Why some NY lawmakers want mobile sports betting
ALBANY – Who needs casinos to run mobile sports betting? New York could do it itself.
That was the proposal laid out Wednesday by Gov. Andrew Cuomo, whose administration hopes the state could bring in $500 million a year by allowing New Yorkers to bet on sports on their mobile devices.
Cuomo's proposal would be to allow the state Lottery Division to develop and operate a mobile sports betting system. Casinos would have a partnership with the state through a new state operator, but it wouldn't be a casino-run system.
New York has legalized sports betting, but only in person at four upstate casinos. The proposal will be part of Cuomo's State of the State address on Monday.
'Many states have done sports betting, but they basically allow casinos to run their own gambling operations,' Cuomo said at his briefing at the state Capitol.
'That makes a lot of money for casinos, but it makes minimal money for the state. And I’m not here to make casinos a lot of money. I’m here to raise funds for the state, so we have a different model for sports betting.'
Cuomo has been leery of allowing mobile sports betting, saying in previous years that it might violate the state constitution.
But with a $13 billion budget gap for the fiscal year that starts April 1, the state is in desperate need of new revenue.
Under Cuomo's proposal, the state Gaming Commission will issue a request for proposals to select and license a sports operator or platform to offer mobile sports wagering in New York.
The operator would then have to a partnership with one of the existing licensed commercial casinos. The state would also require any entity operating mobile wagering apps to include safeguards against abuses and addiction.
He said mobile sports betting and legalizing marijuana will be two revenue raisers he will pursue in the coming months with the state Legislature, which would have to approve any plan.
And lawmakers will surely have their own take on letting the state rather than casinos run mobile sports books. It appears casinos would likely get a piece of the action, but not to the extent they hoped.
Casinos and their high-powered lobbyists have been pushing for years to allow mobile sports betting as a way to boost their own struggling operations, particularly amid the COVID-19 pandemic that shuttered their facilities for months.
“We are encouraged by Governor Cuomo’s most recent statements regarding sports betting in New York,' Matt King, CEO of the FanDuel Group, said in a statement.
'We are keenly interested in reviewing the details of the proposal and look forward to legislation that creates a competitive mobile marketplace.”
More: Buffalo Bills, Sabres owner wants fans to be able to bet at games
More: Will New York add new casinos? Here's what Cuomo just said about it
New York Mobile Sports Betting
New York has 20 casinos and horse tracks with video-lottery terminals. All of them want to add mobile sports betting and will undoubtedly fight Cuomo's plan.
New York also has a moratorium on new full-scale casinos in the New York City area until 2023 as a way to help the upstate casinos develop their businesses.
Downtown casino interests have been pushing to lift the moratorium, but Cuomo has resisted and again Wednesday threw cold water on the idea.
'I haven't given it any consideration,' Cuomo said.
As for mobile sports betting, state Budget Director Robert Mujica said states that have legalized it haven't reaped the windfall as much as the casinos. Under the state's plan to run the system like the Lottery, the state would get more money.
'Otherwise for the bettors, it’s seamless and it’s exactly the same,' Mujica said.
'The only difference is the state gets the money versus others.'
Joseph Spector can be reached at JSPECTOR@Gannett.com or on Twitter @GannettAlbany.
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This article originally appeared on New York State Team: Cuomo proposes state-run mobile sports betting. How it would work
New York Sports Betting
Nothing beats the thrill of watching a ball game or a fight when you have money riding on the outcome. It is a positively exhilarating experience, and people across New York are keen to get involved as the state is mad about sports. But it is totally new and alien to millions of people, and it can be difficult to navigate at first, as you are presented with a dizzying array of numbers, technical terms and options that might mean little to you. This site will therefore act as your companion, helping you to cut through the jargon, make sense of the numbers and devise the best betting strategy possible to give you a chance of beating the books.
Legislators have given sports betting the green light because the American people demanded it, but also because they want to make money through taxes. They know that most people lose, and they can take a healthy cut from sportsbooks as a result. But if you gain a solid understanding of the market, get to grips with all the different types of bets available to you, display sensible bankroll management and act responsibly and decisively, you can become one of the bettors that comes out on top.
We know that New York is mad about the New York Giants, the Buffalo Bills and the New York Jets, so we have created a dedicated section for NFL betting. Teams like the Jets, Giants and Bills are often underdogs going into games, so it helps to arm yourself with a thorough knowledge of spread betting and points betting, rather than relying on outright moneyline options or futures bets. The same is true of the New York Knicks and the Brooklyn Nets. Both teams have struggled of late, but you can have a lot of joy when backing them against the spread. Our NBA betting page will guide you through this minefield.
The site will explain what the odds mean, the various different formats they can be presented in, how to work out who is the favorite and how to calculate your potential winnings. We will also explain futures bets and prop bets, so you can maximize your chances of landing upon a winning bet. There is a dedicated NHL betting page that should be popular among Islanders fans and hockey aficionados in general. But the most important section could well be our MLB betting guide, as a deep passion for the Mets and the Yankees runs across the state. The Yankees may be the most hated team in America, but a lot of New Yorkers love them, although the Mets rival them in the popularity stakes.
New York State Mobile Sports Betting
We also have an MLS betting page as soccer is growing huge in New York, where the likes of David Villa and Thierry Henry have been plying their trades in recent years. The Empire State is also a hotbed of MMA talent and we have therefore created a section providing you with all the relevant information on UFC betting. If ever you want to place some action on a sporting event and you are stuck, look no further than this site. It is a one-stop shop packed full of advice and insight, helping you take on the sportsbooks from a position of strength.