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Neighboring States to Benefit from New York Sports Betting

Rivers Casino NY

New York made sports betting history Tuesday when Schenectady’s Rivers Casino, partnered with Rush Street Gaming, opened its on-site sportsbook, the state’s first in-person wagering site to open since voters approved a referendum allowing on-site legal sports betting in 2013.

The NY State Gaming Commission approved regulations governing legal sports betting early last month. Four upstate commercial casinos, and some mid-state tribal casinos, were deemed eligible to apply for in-person sports betting licenses.

Tioga Downs casino in Nichols began a test run of its FanDuel Sportsbook Wednesday and is expected to launch live on Friday.

Three Oneida Nation casinos, in partnership with Caesars Entertainment, are likely to open on-site sportsbooks before this fall’s NFL season.

Resort World Catskills, in partnership with bet365, and del Lago Resort and Casino in Seneca County, in partnership with DraftKings Sportsbook, are expected to open in-person sportsbooks this year, as well.

Mobile wagering still a long way off

The 10th state to legalize sports betting in the United States, New York still does not offer legal online sports betting, unlike neighboring states New Jersey and Pennsylvania.

Last-minute efforts by Joseph Addabbo Jr., chairman of the Senate Racing, Gaming and Wagering Committee, and  Gary Pretlow, chairman of the Assembly Racing and Wagering Committee, to usher a bill legalizing mobile sports betting through the legislature before the end of June’s session were unsuccessful.

Passage of bill S17D would have allowed select casinos to offer state-wide legal mobile sports betting, as well as partnerships with state sporting venues, racetracks and off-track betting facilities.

The bill passed the Senate but was left hanging in the Assembly at session’s end. Regardless, had the bill successfully passed the legislature, it likely would have stalled at the desk of New York Governor Andrew Cuomo, anyway. Cuomo has stated that a change to the state’s constitution may be necessary to legalize mobile sports betting in New York and he does not expect that to happen this year.

More money for neighboring states

Unlike New York, the neighboring states of New Jersey and Pennsylvania do offer legal mobile sports betting and are benefiting from Empire State’s bettors.

New Jersey is steadily moving toward upsetting Nevada as the No. 1 legal sports betting money maker in the United States, and can largely credit the state of New York for its success.

New Jersey bettors wagered more than $3 billion on sports in the 12-month period following the legalization of sports betting in the Garden State.

More than 80% of New Jersey’s sports bets are placed online, and a high percentage of them are made by residents of New York. New Jersey’s FanDuel Sportsbook said that 25% of its registered accounts belong to NY residents.

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