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New York

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Is sports betting legal? 

Yes

Sports betting was authorized in New York during a 2013 casino referendum should the federal ban be dropped. With PASPA repealed, the New York Gaming Commission approved a set of sports betting regulations in January 2019, permitting four upstate casinos to accept sports wagers. The first wager was placed on July 16 by assemblyman Gary Pretlow.

Legal online sports betting began in New York on January 8, 2022, with nine initial licenses issued and a tax rate of 51% on mobile sports betting revenue

Regulator details

New York State Gaming Commission

PO Box 7500

Schenectady, New York 12301-7500

518-388-3300

info@gaming.ny.gov

https://www.gaming.ny.gov

Chair: Barry Sample

LEGALIZATION DATE
November 5, 2013

MARKET LAUNCH DATE
Land-based: July 16, 2019
Online: January 8, 2022

AUTHORIZED OPERATORS
Upstate commercial casino, tribal casino & online operators

RESTRICTED BET TYPES
In-state collegiate teams and events

AGE REQUIREMENT
Commercial casinos and online sportsbooks: 21+
Tribal casinos: 18+

BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person

TAX RATE
10% on commercial land-based sportsbooks
51% on online sportsbooks

TAX REVENUE ALLOCATION
Gaming tax revenue is allocated to statewide education programs, local municipal and county governments, and provides property tax relief to New York citizens.

LICENSE FEES
Land-based: None
Online: $25 million one-time fee

OFFICIAL DATA MANDATE
None

INTEGRITY FEE
None

Is there any specific legislation for daily fantasy sports?

Yes, since 2016, although it continues to be mired in legal uncertainty and some companies have chosen to remain out of the state. In November 2018, the New York Gaming Commission ceased overseeing DFS following a court ruling which said New York legislators had exceeded their authority by previously defining DFS as a game of skill.