The Governor’s office has estimated that about 20 percent of New Jersey’s sports betting revenue (more than $6 billion total in 2020) comes from New York residents. However, the legislature in Albany decided they wanted to keep those mobile bets and the revenue they bring within the Empire State. There was a time (way back in 2021) when you couldn’t bet on the Giants or Yankees from your phone in New York, hence the popularity of mobile betting just across the Hudson in New Jersey. Each casino was authorized to partner with a sports betting operator, and they began offering in-person sports betting in mid-2019 within weeks of regulatory approval. Additionally, several tribal casinos offer retail sports betting.Īfter the Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992 (PASPA), the New York State Gaming Commission considered and approved sports betting at the four upstate casinos covered by the Act. Retail, or land-based, sports betting has been offered on a limited basis in New York since July 2019 as part of the 2013 Upstate New York Gaming Economic Development Act, which authorized in-person legal sports betting at four upstate casinos if federal law were ever changed to allow it. With so many of the state’s 15.5 million residents of gambling age being passionate sports fans, New York has quickly become a leader in sports betting offerings and revenue. The emergence of sports betting in New York has quickly taken away market share from New Jersey and helped fill the state’s depleted coffers.
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