Against The Spread Betting Information, News, Sportsbook Reviews – ATS.io
Against The Spread Betting Information, News, Sportsbook Reviews – ATS.io
  • Sports Betting
    • Best Online Sportsbooks
    • Sportsbook Ratings Guide
    • Sportsbook Promotions
    • Sportsbook Reviews
      • BetMGM
      • Pointsbet
      • BetRivers
      • DraftKings
      • William Hill
      • Sugarhouse
      • SportsBetting.Com
    • Colorado
      • How To Bet In Colorado
    • Illinois
      • How To Bet In Illinois
    • Indiana
    • Iowa
    • Kentucky
      • How Do I Bet On Sports In Kentucky?
      • How To Bet On Sports In Louisville
    • Michigan
    • Missouri
      • How To Bet In Missouri
      • How To Bet In St Louis
    • New Jersey
    • New York
    • Ohio
    • Tennessee
    • Virginia
    • Canada
    • Africa
  • MLB
    • MLB Home
    • MLB Odds
    • World Series Odds
    • AL & NL Pennant Odds
    • Divisional Odds
    • MLB Team Win Totals
  • NFL
    • NFL Home
    • NFL Odds
    • NFL Division Odds
    • NFL Conference Odds
    • Super Bowl 55 Odds
  • NBA
    • NBA Home
    • NBA Odds
    • NBA Championship Odds
    • NBA Conference Odds
    • NBA Divisional Odds
    • NBA MVP Odds
    • NBA ROY Odds
  • College Football
    • College Football Odds
    • College Football Home
    • National Championship Odds
    • Bowl Schedule
    • Heisman Trophy Odds
  • College Basketball
    • College Basketball Odds
    • College Basketball Picks & Betting News
    • Tournament Betting Odds
    • Conference Odds
      • AAC Basketball Conference Winner Odds
      • ACC Basketball Conference Winner Odds
      • Big 12 Basketball Conference Winner Odds
      • Big East Basketball Conference Winner Odds
      • SEC Basketball Conference Winner Odds
      • Big Ten Basketball Conference Winner Odds
      • PAC 12 Basketball Conference Winner Odds
      • West Coast Basketball Conference Winner Odds
      • Mountain West Conference Winner Odds
      • MAC Basketball Conference Winner Odds
  • NHL
    • NHL Picks & Betting News
    • NHL Odds
    • NHL Stanley Cup Odds
    • NHL Conference Championship Odds
  • ATS App
  • More
    • Online Casinos
      • BetMGM Online Casino
      • Borgata Casino
      • Party Casino
    • US iLottery Guide
      • Michigan Lottery
    • Is Sports Betting Online Legal?
    • MMA/UFC
    • Golf
    • Soccer
    • Betting FAQ

27

May

What’s in Store for New York Sports Betting?

  • Ren Richards
  • Legal Sports Betting Industry News

While most states still need to discuss legislation regarding sports betting legalization before engaging in it, New York is one doesn’t. Even though the state doesn’t have any direct limitations, there currently isn’t anywhere in the state where you can place a sports wager.

This is particularly shocking when you consider the close neighboring state of New Jersey is essentially the gambling headquarters of the eastern U.S. As a matter of fact, it is estimated that as much as a quarter of all sports bets placed in New Jersey were actually made by New York residents. This means that the state is losing out on free tax revenue as it is clear there is already a large demand for legal sports betting.

While this figure might seem minor, sports wagers have totaled almost $2 billion within the first year of legal sports betting in New Jersey. That makes a quarter of wagers look far more appealing, but there is another key problem for sports betting in New York.

Another difference between New York and New Jersey is that New Jersey allows sports wagers to be placed online and through mobile app. Considering that most sports bets in the state are placed on mobile app or online, this makes a huge difference for New York’s revenue potential.

Residents of New Jersey have the freedom to bet just about anywhere in the state, but New Yorkers will be limited to just four casinos. These include the Del Lago Resort & Casino, Rivers Casino & Resort Schenectady, Resort World Catskills, and Tioga Downs Casino Resort. Considering the restrictions implied by restricting bets to in-person wagers at just four locations, this doesn’t create a situation that encourages residents to make bets.

There is no doubt that mobile sports betting would greatly benefit the state of New York. Even though the state’s legislative session only lasts until June 19th, there is still a chance for Senate Bill 17 to be approved. SB 17 would legalize mobile sports betting only within casinos, which does still leave limitations in place. A New York resident would not be able to place a bet online from the comfort of their home.

This is a big problem considering that a large portion of New York’s residents actually live in New York City. All four casinos that would offer legal sports betting are several hours away from the city, but New Jersey Sportsbooks are just a short trip away. SB 17 would at least open up more locations that are convenient for residents within New York City.

With three weeks left to deliberate, mobile sports betting still stands a chance in New York. It is certainly essential if the state wants to keep residents from placing bets in New Jersey instead.

Under 20 World Cup Picks and Predictions – May 27th

Sportsbooks Restricted Access to Official League Data for NBA Finals

Related Articles

iowa

Iowa Sports Betting Ends 2020 on High Note

January 14th, 2021

Indiana Sports Betting Sets Another Record Handle in December, Finishes 2020 with Over $1.2 Billion in Bets

January 14th, 2021

Churchill Downs Inc. To Rebrand BetAmerica as TwinSpires Sportsbook

January 7th, 2021

Top Sportsbooks.

# 1
Betrivers.com - logo

Our Review

Bet Now
Bonus: 100% up to $250
T&C Apply
# 2
Betrivers.com - logo

Our Review

Bet Now
Bonus: 100% Match upto $500
T&C Apply
# 3
Betrivers.com - logo

Our Review

Bet Now
Bonus: Up to $1000!
T&C Apply
# 4
Betrivers.com - logo

Our Review

Bet Now
Bonus: Match Up To $250
T&C Apply
# 5
Betrivers.com - logo

Our Review

Bet Now
Bonus: Up to $500 Free Bets
T&C Apply
×

 Subscribe to our newsletter

 

Ats

Bet with your head, not over it. Call 1-800-GAMBLER if you have a gambling problem.

sportsdata io

Popular categories

  • College Basketball Picks & Betting News
  • NBA Picks & Betting News
  • NFL Picks & Betting News
  • NHL Picks & Betting News
  • Soccer Picks & Betting News
  • College Football Picks & Betting News
  • Legal Sports Betting Industry News
  • MLB Picks & Betting News
  • Sportsbook Promotions
  • Golf Picks & Betting News

POPULAR POSTS

January 19th, 2021
ATS.io Radio Sports Betting Podcast January 19, 2021
Expert NBA Picks
January 19th, 2021
Free Expert NBA Picks of The Day – 1/19/21
January 19th, 2021
Daily Expert College Basketball ATS Picks & Betting Predictions: 1/19/21

QUICK LINKS

  • Sportsbook Reviews
  • Poker Reviews
  • Casino Reviews
  • US Sports Betting
  • BetMGM Bonus Code
  • BetRivers
  • DraftKings Promo Code
  • PointsBet Promo Code
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
2009-2020 ats.io, Inc.
DMCA Protected
  • Sports Betting
    • Best Online Sportsbooks
    • Sportsbook Ratings Guide
    • Sportsbook Promotions
    • Sportsbook Reviews
      • BetMGM
      • Pointsbet
      • BetRivers
      • DraftKings
      • William Hill
      • Sugarhouse
      • SportsBetting.Com
    • Colorado
      • How To Bet In Colorado
    • Illinois
      • How To Bet In Illinois
    • Indiana
    • Iowa
    • Kentucky
      • How Do I Bet On Sports In Kentucky?
      • How To Bet On Sports In Louisville
    • Michigan
    • Missouri
      • How To Bet In Missouri
      • How To Bet In St Louis
    • New Jersey
    • New York
    • Ohio
    • Tennessee
    • Virginia
    • Canada
    • Africa
  • MLB
    • MLB Home
    • MLB Odds
    • World Series Odds
    • AL & NL Pennant Odds
    • Divisional Odds
    • MLB Team Win Totals
  • NFL
    • NFL Home
    • NFL Odds
    • NFL Division Odds
    • NFL Conference Odds
    • Super Bowl 55 Odds
  • NBA
    • NBA Home
    • NBA Odds
    • NBA Championship Odds
    • NBA Conference Odds
    • NBA Divisional Odds
    • NBA MVP Odds
    • NBA ROY Odds
  • College Football
    • College Football Odds
    • College Football Home
    • National Championship Odds
    • Bowl Schedule
    • Heisman Trophy Odds
  • College Basketball
    • College Basketball Odds
    • College Basketball Picks & Betting News
    • Tournament Betting Odds
    • Conference Odds
      • AAC Basketball Conference Winner Odds
      • ACC Basketball Conference Winner Odds
      • Big 12 Basketball Conference Winner Odds
      • Big East Basketball Conference Winner Odds
      • SEC Basketball Conference Winner Odds
      • Big Ten Basketball Conference Winner Odds
      • PAC 12 Basketball Conference Winner Odds
      • West Coast Basketball Conference Winner Odds
      • Mountain West Conference Winner Odds
      • MAC Basketball Conference Winner Odds
  • NHL
    • NHL Picks & Betting News
    • NHL Odds
    • NHL Stanley Cup Odds
    • NHL Conference Championship Odds
  • ATS App
  • More
    • Online Casinos
      • BetMGM Online Casino
      • Borgata Casino
      • Party Casino
    • US iLottery Guide
      • Michigan Lottery
    • Is Sports Betting Online Legal?
    • MMA/UFC
    • Golf
    • Soccer
    • Betting FAQ