Upon launching mobile sports betting in 2022, New York quickly asserted itself as the top online wagering market in the U.S., routinely eclipsing $1 billion in statewide betting handle.
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Almost nine years after New York voters signaled their support for legal sports betting, the first mobile sports wagers were finally placed in the Empire State in January of 2022. And while New Jersey beat its bigger neighbor to market by nearly four years, New York quickly asserted itself as the top state for mobile sports betting in America.
Rare is the month when New York's nine online sportsbooks fail to combine for $1 billion in collective sports wagering handle, with that figure occasionally eclipsing $2 billion. With a rich history of sports fandom and a multitude of professional teams and leagues to bet on, New York has achieved its top-dog status despite a prohibition on wagering on in-state college teams.
New York taxes its commercial sports betting operators at 51% of their gross gaming revenue. Leading sportsbook executives will occasionally complain about this rate, which is the highest in the U.S., but it hasn't dissuaded them from setting up shop in New York and has fattened the state's public education coffers in the process.
Current Sportsbooks
9Mobile Sportsbook
Mobile Sportsbook
Tioga Downs Casino Resort: 2384 W. River Road, Nichols, New York 13812
Mobile Sportsbook
Mobile Sportsbook
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The lucrative New York sports betting market is on the verge of tightening its grip on the national gambling scene. New York Assembly Racing and Wagering Committee chair Carrie Woerner (D-113) on Feb. 25 introduced Assembly Bill A6013, which... Read More
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