New York Sportsbooks & NY Sports Betting
Updated May 20, 2022
Fully online sports betting is legal in New York. After legalizing retail betting in 2019, mobile betting launched in The Empire State on Saturday, Jan. 8, 2022. This came before the start of the NFL playoffs and in advance of Super Bowl LVI on Feb. 13.
Now, there are eight NY sportsbooks available with more on the way: Caesars, DraftKings, FanDuel, BetMGM, PointsBet, BetRivers, WynnBet, and Resorts World Bet.
The New York State Gaming Commission (NYSGC) reported on major betting activity through early April--New Yorkers have already wagered $5 Billion via online sportsbooks. Ready to join the action? Get the latest promotions, insight into local betting rules, and educational tips to bet responsibly here.
The Latest Sports News in New York:
- New York City FC goes on to face Chicago Fire FC after their 2-0 win against D.C. United. (5/18)
- The New York Liberty get off to a poor start to the WNBA season as they start 1-4 after five games (5/20)
- The New York Rangers lose Game 1 against the Hurricanes (2-1) in OT. (5/18)
What to Keep an Eye on:
- If the Yankees could maintain the league's best record. (5/20)
- The Rangers vs Carolina Hurricanes’ second-round playoff series. (5/20)
- If the NY Red Bulls can climb the MLS standings with their impressive +8 goal difference. (5/20)
New York Sportsbooks
NY Sports Betting Key Takeaways
⚖️ Is sports betting in New York legal?
Yes! Mobile and retail sports betting (i.e., in-person) is legal. Legal mobile sports betting launched in New York on Saturday, Jan. 8.
💸 What are the requirements to bet online in NY?
You must be 21+ years of age and physically in the state (verifiable by your mobile device's geolocation tech or a downloadable desktop plugin) to place wagers from your phone.
📒 What mobile sportsbooks are available in NY?
🏈 What sports will I be able to bet on in New York?
|You will be able to bet on all the major American league sports (NFL, NBA, MLB, MLS, NHL) and more such as European basketball leagues, cricket and rugby.|
Top New York Sportsbooks & NY Promos
After a much-anticipated wait, New Yorkers are finally able to bet on their favorite teams like the Yankees and Knicks from the convenience of their couches at home.
Nine books were granted licenses, but four books met the full regulatory requirements and went live on Saturday, Jan, 8, 2022. Those sportsbooks are Caesars, DraftKings, FanDuel and BetRivers — each with sign-up bonus offers. BetMGM came online on Jan. 17. PointsBet followed with a Jan. 27 launch and WynnBET launched on Feb. 4. Make the most of your sign-up offer with some "bonus maximization" strategy tips.
BetMGM New York
The King of Sportsbooks launched in the Empire State on Monday, Jan. 17. Notably, BetMGM (and Caesars) partnered with MSG ahead of the big launch day. This sports betting partnership includes brand exposure inside MSG, digital brand exposure across social media channels, exclusive events and promotion through live MSG Network shows. Additionally, BetMGM landed a few deals within the past two years to increase its reach in the sportsbook market. They partnered with the NBA, Turner Sports, Yahoo Sports, Bleacher Report and Action to launch NBABet, which provides daily odds, highlights and insights on NBA League Pass, NBA TV and Twitter. As one of the leading sportsbooks in the U.S., expect BetMGM to have exciting new promos for the NFL and NBA.
BetMGM Bonus Code
Action Network Score
9.8/10. See our BetMGM review for more in-depth information about BetMGM and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options BetMGM vs Other Sportsbooks
Caesars New York
Caesars already boasts a three-casino foothold in upstate New York, so there's local familiarity. In anticipation of mobile betting in November 2021, Caesars struck a deal with MSG, instantly giving them (and BetMGM) an advantage over other legalized sportsbooks in New York. This deal includes a sports betting partnership, brand exposure inside MSG, digital brand exposure across social media channels, exclusive events and promotion through live MSG Network shows. Additionally, Caesars will premiere two shows featuring their very own ambassador, JB Smoove, called "One Course with JB Smoove" and bring back the "Four Courses with JB Smoove" series. Caesars will continue to be among the market leaders as they will also have their own personalized sports betting space at The Mecca of Sports by 2022 or 2023.
Caesars Sportsbook Promo
Caesars Sportsbook Promo Code
Action Network Score
9.5/10. See our Caesars review for more in-depth information about Caesars and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options Caesars Sportsbook vs Other Sportsbooks
PointsBet New York
As an official partner of the NFL, NHLAA, Curling Canada, NASCAR, and the PGA Tour, users can bet on a variety of sports on PointsBet's online sports betting as of Jan. 25, 2022. The Australian-based sportsbook is also a partner of Genius Sports, allowing them to provide official NFL data and content for its users. Expect PointsBetting, the book's unique score-betting approach, to be a hit in NY moving forward.
PointsBet Promo Code
Action Network Score
9.7/10. See our PointsBet review for more in-depth information about PointsBet and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options PointsBet vs Other Sportsbooks
WynnBET New York
As a new official sports betting partner of the New York Jets, WynnBET will look to compete with other sportsbooks by offering a dedicated club space (the WynnBET Green Room) for bettors at MetLife Stadium, packed with live betting feeds and in-stadium promotions. Additionally, WynnBET has become an official presenting sponsor for the Jets Podcast Network, Jets Game Preview, and the SportsNet pre- and post-live shows.
WynnBET Promo Code
Action Network Score
9.4/10. See our WynnBET review for more in-depth information about WynnBET and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options WynnBET vs Other Sportsbooks
FanDuel New York
New Yorkers may already be familiar with FanDuel from DFS or their casino. But there's so much more to come! As an official partner of Genius Sports and the NFL, FanDuel Sportsbook provides users with exclusive content and data from Next Gen Stats, the NFL’s official data feed. Furthermore, FanDuel recently upgraded their existing partnership with the NBA by becoming an exclusive betting presenter of NBABet. This deal allows bettors to find FanDuel's live odds in the "NBABet" section of the NBA's official site. Lastly, the Buffalo Bills and FanDuel Group announced a multi-year partnership, designating FanDuel as an official mobile sports betting partner leading up to the NY sports betting launch. FanDuel will gain access to a range of media assets, including TV and radio spots to engage Bills fans and in-game signage and activations at Buffalo's Highmark Stadium.
FanDuel Promo Code
There is no promo code required to claim the FanDuel offer
Action Network Score
9.5/10. See our FanDuel review for more in-depth information about FanDuel and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options FanDuel vs Other Sportsbooks
BetRivers New York
In addition to their partnership with the Chicago Bears and Rivers Casino, BetRivers made the cut for the first wave of legalized sportsbooks to launch in early January. Their parent company, Rush Street Interactive, will look to create new partnerships to further establish a localized footprint beyond the initial casino in Schenectady.
BetRivers Promo Code
Action Network Score
8.6/10. See our BetRivers review for more in-depth information about BetRivers and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options BetRivers vs Other Sportsbooks
DraftKings New York
Among the leaders in sportsbooks around the U.S., DraftKings has officially launched in NY. Additionally, DraftKings recently became an official co-partner of the NBA (with FanDuel), providing odds, featured games and highlights through existing social media platforms. Many bettors are already familiar via DFS prominence or their Del Lago location. A nice feature: the DK app is consistent nationwide. Conveniently, there is no need to download new, state-specific betting apps as you travel to other states with legal betting to place wagers. Your betting records centralize in one place.
DraftKings Promo Code
No promo code is required to claim the DraftKings offer
Action Network Score
9.5/10. See our DraftKings review for more in-depth information about DraftKings and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options DraftKings vs Other Sportsbooks
PrizePicks New York
PrizePicks is a good DFS choice for New York sports bettors looking for an alternative betting option. PrizePicks sets daily over/under totals for players based on their sport for users to bet against. Instead of competing against other players on the app, users are betting on individual players to hit an over/under total in their total fantasy score for a particular game. The Action Network has an exclusive sign-up offer to get you gaming: use PrizePicks for an instant $100 deposit match.
PrizePicks Promo Code
Action Network Score
9.4/10. See our PrizePicks review for more in-depth information about PrizePicks and step-by-step instructions on how to sign up.
Category Star Rating Bonuses & Promotions Mobile App & Website Registering & Cashiering Betting Options BetRivers vs Other Sportsbooks
Sportsbooks Available in NY Sometime Soon, but Not Yet
The following books received licenses but are not fully authorized to launch. They will be permitted to start accepting bets on a “rolling basis,” per the gaming commission. It shouldn't be long before the other approved books go live, including Resorts World and BallyBet.
Bally Bet Sportsbook
Bally Bet recently shared their plans to launch by April 2022, opting to take a more strategic approach to NY sports betting. The Providence, Rhode Island-based gaming and entertainment company will launch in its fifth state when the go-live date arrives. Bally users will be offered Bally Rewards and Bally Blitz — an exclusive football-based game that will be a great option in time for Super Bowl LVI on Feb. 13, 2022. Additionally, Bally Bet recently became the official partner of Major League Fishing, which allows Bass Pro Tour events to be streamed through their app.
Being Licensed vs. Going Live in New York
New York’s licensing procedures differed from most other states. Sportsbooks teamed up to submit bids, and two consortiums were selected. The first group was DraftKings, FanDuel, Bally Sports and BetMGM. The second group consisted of PointsBet, Caesars, WynnBET, Kambi and Resorts World. These sportsbooks were approved for online operation for the next 10 years by the New York State Gaming Commission.
The books listed above were not all be online Saturday, but they were granted licenses and should be online soon. However, not everyone made the cut: Fanatics and Barstool/Penn National teamed up to bid together and lost. FOX Bet and bet365 will also be absent from the initial books in the mix. Also not receiving a license is theScore Bet, which is being acquired by Penn. Hopefully, these books will be granted licenses soon to further diversify bettor options.
What can I bet on in New York?
Now that mobile sportsbook apps are online, you have the option to wager on a range of bet types and sports leagues.
Legal Bet Types — Sports fans can bet a full range of bet types, including:
- Point Spreads. Spread betting is a bet on the final score and the margin of victory in a game.
- Moneylines. Moneyline betting is when you pick the outright winner of a game or event, either one team or another.
- First Half & Second Half. Halves let a bettor treat the first half and the second half as separate matches.
- Totals aka "Over/Unders". A total, also known as an over/under, is a bet on the number of points both teams will combine to score in a game.
- Futures. Future bets are a bet on an event that will be decided in the future (e.g., end-of-season results and awards).
- Player Props. A "prop" bet, short for a proposition, is a wager that is not directly tied to the final score or outcome. These can get creative.
Available Sports — You can take advantage of the different bet types to wager on these sports legally:
- Football: NFL & CFL
- Basketball: NBA, WNBA, European/international basketball leagues
- Baseball: MLB
- Hockey: NHL, international hockey leagues
- Soccer: MLS, English Premier League, UEFA Champions League
- College sports: NCAA football and basketball (except for New York state teams)
- Golf: PGA Tour, LPGA Tour, PGA Tour Champions, PGA European
- Auto Racing: IndyCar, NASCAR, Formula One
Additional market choices like boxing, tennis, rugby and more will also be offered at New York's sportsbooks.
What can't I bet on in New York?
Many local sports fans may ask: "Can I place wagers on college games involving NY teams like Syracuse, Army, Buffalo or St. John's?" Unfortunately, the answer is no, collegiate betting has special restrictions. Here is what is not allowed.
There is no wagering on in-state college teams ❌
What does this mean? You cannot bet on New York collegiate teams like Syracuse men's basketball or Army football. This applies to any New York collegiate team, whether they're playing in the state or not. However, you can bet on college teams outside of the state.
No wagering on in-state collegiate events ❌
If there's a collegiate sporting event hosted in New York, New Yorkers can't legally bet on it, whether or not the teams are local. This means several bowl games, a host of neutral-site college basketball games, the Big East Tournament, Atlantic 10 Tournament, and some March Madness games over the next five years will be off-limits.
How to Sign up for a Sportsbook in NY
Ready to claim that one of the awesome NY offers? Here's how using BetMGM as an example.
Step 1. Click here to visit BetMGM and select NY. Click "Register" in the top right corner.
Step 2. Enter your personal details:
Date of Birth
Select a Unique User ID
Set a Secure Password
Last four digits of your SSN
Step 3. Set Your Security Questions.
Step 4. Confirm your age and eligibility (you must be 21+ years old)
Step 5. Deposit, and you're set to start betting! BetMGM's minimum deposit amount is $10.
A plus about betting with a legal New York book like BetMGM is that you don't have to worry about withdrawing money safety and securely. That same assurance doesn't exist for offshore sportsbooks.
The NY Sports Betting Report Card
We graded New York on its sports betting bill and experience relative to other states.
New York will have online betting soon through a variety sportsbook apps, which is a huge win for users in the state. The four retail casinos that previously offered sports betting were all at least an hour from New York City, and many much further. Illegal online betting continued to thrive over the last few years.
Competitive PricesWe're unsure how pricing will look given the 51% tax rate that will eat into operators' profits. It's possible sportsbooks start to bake in some of that cost into their odds. This was the fear in Tennessee because of its minimum hold percentage — which dictates that books must return at least 10% of every dollar wagered — but books have found creative ways to bake it into futures and parlays mainly, instead of making point spreads -120 instead of -110.
Market CoverageNew York won't be a completely open market, which does limit innovation, but nine sportsbooks — especially the biggest names in the industry — at the start is plenty for most users to line shop and find fun markets to bet. The disappointing hurdle is that the $20 million licensing fee will prevent scrappier, more unique companies from entering the market, like the low-fee betting exchanges starting to pop up in New Jersey.
New York's Timeline to Legalization
It's been a long journey pushing legal NY sports betting past the goal line. We'll bet you care more about when you can start wagering than the legal history, but here are some of the important events along the way:
Click for Previous New York Sports Betting Background and Legalization Updates
New York sports betting set for expansion. A recent proposal to cut New York’s online sports betting tax in half by adding more operators has been included in the legislature’s budget plan. A one-House budget proposal would expand New York from nine to 16 online sportsbooks by 2024, automatically lowering the tax rate from 51% to 25%. [Tax Cuts Move Forward in Budget Talks, March 14]
WynnBET launches in NY. On Feb. 4, WynnBET became the seventh sportsbook to launch in NY, leaving just two books left to go live in the Empire State.
PointsBet launches mobile sports betting. On Jan. 27, PointsBet officially became the sixth book to operate online in NY.
BetMGM enters the fold. On Jan. 17, BetMGM becomes the fifth book to come online in the state.
New York mobile sports betting launched Jan. 8 at 9 a.m. Betting is finally here! The New York State Gaming Commission announced on Jan. 6 that four approved sportsbooks could launch at 9 a.m. EST on Saturday, Jan. 8. Caesars, DraftKings, FanDuel and BetRivers are now live, opening the door for New Yorkers to be able to place their first legal mobile wagers in the state.
New York officially publishes sports betting rules. The state cleared another regulatory hurdle this month when it released its official online sports betting rules in the "New York State Register". [NY Online Sports Betting Rules and Regulations, Nov. 24]
Nine companies are approved to operate in NY. Big-time players like FanDuel and BetMGM were chosen to operate sportsbooks within the state. The final revenue tax rate will be 51%, which is the highest among states where mobile sports betting is legal. [NBC New York, Nov. 9]
A revenue tax matrix is proposed by the state. All applicants must agree to this proposed tax matrix before state officials decide which companies will be allowed to operate within the state. The tax rate would vary depending on how many operators the state allows, ranging from 35% to as high as 64%. The empty matrix is in the request for application, which can be found here.
State officials decide to waive oral presentations from operators. This news is sure to speed up the rollout of mobile sports betting across the state. Sports betting is targeted to be live by Super Bowl LVI in February 2022. [Sept. 16]
Gov Cuomo resigns. One day after the applications for mobile sports betting are released to the public, Gov. Andrew Cuomo announces his resignation. It’s unclear if this will hinder the legalization process. [Where NY Betting Stands, Aug. 10]
NYS Gaming Commission announces all of the bids received by deadline. All applications for Mobile Sports Wagering Platform Providers are due Aug. 9, 2021, by 4 p.m., shortly after the deadline, the Gaming Commission releases the list of bids they’ve received. Some big names teamed up together to form super bids. [Applications, Aug. 9]
New York State Gaming Commission outlines a scoring methodology for bidding process. The NYSGC releases their mobile sports betting Request for Applications, eight days late. This includes a scoring system to help choose platform providers, with the max score being 75 through the points system, with five bonus points awarded for a revenue-sharing agreement with an in-state Native American tribe – maxing out at 80 possible points. [NYSGC doc, July 9]
Cuomo signs mobile sports betting into law. Gov. Cuomo officially legalized online sports betting as part of the state’s 2022 budget. [April 18]
New York approves mobile and online sports betting with Gov. Cuomo’s now limited-operator, government-bid model. The plan will be passed as part of the state’s $200 billion fiscal year 2022 budget. Many key details were not revealed. [Limited-Operator Model Approved, April 6]
The State Assembly releases its annual budget proposal. The budget proposal includes mobile sports betting as a way for the government to generate tax revenue.
New York sees record-setting month in sports betting. Following Cuomo’s announcement on his plans to legalize mobile sports betting, the state's four retail sportsbooks had a combined record-setting $3.57 million in grossing revenue in January.
Legislators release their 2021 online sports betting bill. Sen. Joe Addabbo Jr. and Assemblyman Gary Pretlow release their NY online sports betting bill, jointly filed as S 1183 and A 1257. The bill calls for two skins per licensee. This bill differs from Cuomo’s expressed wishes of a lottery-style system which Cuomo believes will generate more funds for the state. [S 1183 and A 1257, Jan. 7]
Gov. Andrew Cuomo announces that he intends to legalize online sports betting. His plans include running mobile sports betting through the state lottery, similar to that of New Hampshire’s model, as a means to generate tax revenue needed to help with the Covid-19 crisis and to prevent sweeping budget cuts. [NY Daily News, Jan. 6]
Gov. Andrew Cuomo warms to online sports betting. Cuomo, in a brief offhand comment, mentions sports betting among possible solutions to the state’s projected $15 billion budget shortfall. [Cuomo Hints at Sports Betting, Dec. 16]
Retail sports betting begins. Retail sports betting opened their doors with Schenectady’s Rivers Casino accepting their first sports bet, and seven additional retail sportsbooks opening since. [June 16]
New York Sports Betting Background
New York technically legalized retail sportsbooks as part of a voter-approved casino referendum in 2013, before the Supreme Court struck down the federal wagering ban in 2018.
The state’s first sportsbooks opened their doors in 2019 but generated a small fraction of the handle from statewide mobile wagering markets in neighboring New Jersey and Pennsylvania as well as a growing number of other states. That’s why the industry has eagerly watched New York’s statewide mobile rollout, a process that should conclude by early 2022. Officials are projecting more than $1 billion in gross gaming revenue and $500 million in tax revenues annually, but reaching those lofty goals will not come without substantial work.
Former Gov. Andrew Cuomo, who championed the 2013 amendment that allowed for four upstate and three downstate casinos, largely resisted online sports betting. After facing dwindling revenues and rising costs from the COVID-19 pandemic in 2020, Cuomo unexpectedly embraced mobile sports betting in January 2021.
However, Cuomo opposed a competitive sports betting model similar to New Jersey’s that would have allowed the state’s commercial and tribal casinos to partner with multiple sportsbook brands. He instead backed a government-bid model similar to the system in New Hampshire, arguing it would generate more revenue for the state.
Now that Cuomo is out, lawmakers are hoping to reshape New York’s sports betting market back to a structure they had pushed for in previous budget talks: a model some view as much more sustainable long term.
The changes are as follows:
- A drop from the current 51% tax rate on online sports betting to 35% by 2023, triggered by the addition of at least five more operators to the current nine-book market.
- An even lower 25% tax rate by 2024, triggered by adding at least two more operators (16 total).
- A tax exemption on all revenue attributed to free play or promotional wagers.
- First-dibs on additional licenses for two minority-owned sportsbooks.
The state generated a record $42 million in sports betting taxes in its first month alone. But already the handle (amount wagered) has dropped off in February, as many operators have pulled back hefty offers to match first deposits.
Daily Fantasy Sports Deemed Legal by New York State Court of Appeals
New York's highest court has ruled that Daily Fantasy Sports (DFS) are games of skill rather than games of chance, making them legal under state law.
The New York State Court of Appeals in March 2022 reversed two lower court decisions that found DFS were games of skill — thus in violation of a constitutional provision that prohibits gambling outside of state lotteries, horse racing and charitable bingo games.
“This is the end of the road for debate against DFS in New York,” said Daniel Wallach, founder of Wallach Legal LLC, a law firm focused on sports wagering and gaming law.
Using a test that weighs which factor — skill or chance — is more dominate when playing an “Interactive Fantasy Sports” game, the high court ruled 4-3 to uphold a 2016 law that codified the practice as a skill.
The New York Supreme Court in 2018 ruled that DFS was illegal because it ran contrary to the state's ban on gambling at the time. In its decision, the Supreme Court agreed with the state there was skill in picking a team, but DFS players "cannot control how the athletes on their teams will perform in the real-world sporting events."
The March decision likely puts an end to any legal challenges, as the U.S. Supreme Court is not likely to take up a state DFS case.
iGaming Legislation Introduced in February 2022
New York state lawmakers introduced a new online casino gaming bill (S8412) on Thursday, Feb. 25, potentially paving the way for the nation’s top iGaming platform.
However, the bill is unlikely to pass on its first go-around given that it took lawmakers years to agree on online sports betting. Bill-sponsor Sen. Joe Addabbo has told The Action Network he wants to get the conversation started on online casino gaming during the current legislative session. Addabbo’s bill would tax gross revenue from iGaming at 25%, with operators paying a one-time $2 million fee to the state. A bill summary projects that New York could yield $475 million annually in tax revenue on top of $150 million in licensing fees.
Seven states are currently authorized to provide regulated, online interactive gaming, including neighbors New Jersey and Pennsylvania. Those states brought in more than $1 billion in online casino gaming revenue in 2021, plus another $120 million in tax revenue over the calendar year.
New York Sports Betting Tips
Sports Betting for Beginners
New to sports betting? Check out our betting education hub so you can get started placing bets with an understanding of basic concepts and tools. Learn how to bet Giants' and Jets' moneylines or Knicks' point spreads.
Sports Betting Glossary
The sports betting lexicon is vast and sometimes confusing, especially to new bettors. Check out our sports betting glossary to get up to speed with every term you might need to know.
Sports Betting Mistakes to Avoid
Betting on your favorite teams like the Bills and Nets might seem like a no-brainer, but you need to manage your bankroll if you're going to sustain in the sports betting world and keep things in balance. Here are some sports betting mistakes to avoid. Don't overreact to that crushing Yankees moneyline defeat or choose your heart over your head when it comes to the next Rangers game!
Tax Rates in the Empire State Are Steep for Operators
Even as legal books, it won’t be a lucrative market for most operators like DraftKings or BetRivers because of the 51% tax rate on profits imposed by the state. Keep in mind, nearby New Jersey has an 8.5% tax for in-person sports bets and a 13% tax for online and mobile sports bets.
However, because of the massive population, cultural significance to the sports landscape and the hope (with legal backing) that the tax rate will decrease to 35% with 13 total operators in the mix, major books have wanted to be a part of the market from the beginning for its long-term potential.
In an April 2021 report on the state's fiscal budget, Thomas P. DiNapoli, the state's comptroller, asserted that the state is expected to generate $1.2 billion in gambling revenue within the next few years despite restrictions.
How do taxes work with sports betting winnings (or losses)?
Whether you play online on a mobile device or at a physical sportsbook in New York, all sports betting winnings (and other gambling, including fantasy football) above $600 a year are taxed and must be reported. That amount could come from one big bet or smaller bets that add up to $600. The other details:
The federal tax rate on gambling winnings is 24%. When you win large amounts, the payer will often withhold 24% at the time you cash out. The payer also will provide you with a W2-G form to record the transaction. What would be considered a large amount of money? It depends on the game you are playing. The magic number for slot machines is $1,200 and it is closer to $1,500 for keno. The number goes up to $5,000 for sweepstakes, gambling pools and lotteries.
State taxes are dependent on your variable income, and whether you file single or jointly. The state tax rates are as low as 4% and as high as 10.9%. Here is the breakdown of the New York state tax brackets:
Income if Single
Income if Married
|4%||$0 - $8,500||$0 - $12,800|
|4.5%||$8,501 - $11,700||$12,801 - $17,650|
|5.25%||$11,701 - $13,900||$17,651 - $20,900|
|5.9%||$13,901 - $21,400||$20,901 - $32,200|
|5.97%||$21,401 - $80,650||$32,201 - $107,650|
|6.33%||$80,651 - $215,400||$107,651 - $269,300|
|6.85%||$215,401 - $1,077,550||$269,301 - $1,616,450|
|9.65%||$1,077,551 - $5,000,000||$1,616,451 - $5,000,000|
|10.30%||$5,000,001 - $25,000,000||$5,000,001 - $25,000,000|
|10.90%||$25,000,001 and up||$25,000,001 and up|
You can deduct sports betting losses, but only as an itemized deduction — foregoing the standard deduction that most people take. It may or may not be worth it to do so. Additionally, the losses you deduct can't be greater than the amount of gambling income you report.
Example: With $2,000 in winnings but $4,000 in losses, your deduction is limited to $2,000. You can’t write off the other $2,000 you lost.
Gambling losses claimed up to the number of winnings are classified as "other itemized deductions" on your Schedule A Form 1040 come tax time with the IRS.
We recommend bettors keep receipts and detailed records on betting activity — one of the reasons online sportsbooks are great. They're kept by default and easy to access.
New York Highlights
PointsBet Launches in NY
PointsBet has joined the other sportsbooks that launched before it. Enjoy The Action Network's exclusive offer with PointsBet — earn up to $2,200 in risk-free bets using promo code ACTION 2K1.
BetMGM Joins the Club in NY
BetMGM came online on Jan. 17, 2022. We're particularly excited about this because BetMGM exclusively offers BetSync in the state — a bet-tracking technology that means you never have to save picks and bets again when using The Action Network app.
Betting is now live in NY!
Rejoice! Mobile betting has finally arrived in New York. Caesars, FanDuel, DraftKings and BetRivers kicked off the first day of legal betting with celebration from locals, particularly at The Action Network!
New York Online Sports Betting To Go Live Jan. 8
The New York Gaming Commission has announced that four sportsbooks will initially launch on Saturday, Jan. 8. The four books that have met the regulatory requirements and can go live are Caesars, DraftKings, FanDuel and BetRivers. The remaining approved books that will launch soon are PointsBet, BetMGM, Resorts World, BallyBet and WynnBet.
The First Nine Mobile Sportsbooks are Approved in New York
The NYSGC approves licenses for nine mobile sportsbook operators. Included are big names such as DraftKings, FanDuel and BetMGM. The revenue that these operators bring in will be taxed at a rate of 51%, the highest of any state where mobile sports betting is legal. New York officials still plan for mobile books to accept bets by February 2022.
Applicants Must Agree to Proposed Tax Matrix
All mobile betting platforms that applied as an operator must agree to the state of New York’s proposed rate matrix by 10/25/21. This tax rate is dependent on how many sportsbooks are allowed to operate in the state. Rates range anywhere from 35% to 64%.
New York State Gaming Commission Begins to Hear Presentations from Potential Sportsbook Operators
While sports betting legislation has been passed in the state of New York, there are still some details that need to be ironed out. The NYSGC needs to determine which companies will be able to operate their mobile books within the state. That process begins today with the NYSGC hearing proposals from many sportsbook operators nationwide. State officials are hopeful that sports betting will be available via mobile by February 2022.
Sports Betting Faces Uncertain Future Under Bid Model, Lawmakers Say
Lawmakers are increasingly confident New York’s first mobile sportsbooks will launch early next year but acknowledge much of the market’s future beyond its pending launch remains uncertain.
New York Sports Betting: What Comes Next for Online Bids?
Sen. Joseph Addabbo, who pushed for the competitive model, told The Action Network he thinks Gov. Cuomo’s pending resignation will have little impact on the current sports betting system in the near future. With Cuomo out of office, lawmakers may expedite licensure for the three downstate casinos, which by the original 2013 referendum weren’t allowed to offer full “Las Vegas-style” gaming until seven years after the upstate casinos were up and running.
Where New York Sports Betting Stands After Andrew Cuomo’s Resignation
On the heels of an investigation that found he sexually harassed 11 women, New York Gov. Andrew Cuomo announced his resignation, only a day after the bids for the state’s mobile sports gambling licenses went public. That timing has left some in the sports betting space to wonder whether the pace to introduce mobile sports betting within the Big Apple would slow was a result of Cuomo’s resignation.
New York Sports Betting Applications: Big Names Dominate Bids
The nation’s top sportsbooks have teamed together for one of the coveted New York online sports betting licenses. These conjoined bids — instead of separate, competing proposals — will likely favor America’s more established companies and could see as many as nine customer-facing brands enter the market.
Cuomo Signs Mobile Sports Betting into Law
Gov. Andrew Cuomo officially legalized online sports betting as part of the state's sweeping 2022 budget legislation. New York bettors now await approval for the handful of online sportsbooks permitted to operate under the 2021 legislation.
Online Sports Betting Is Approved With Gov. Cuomo’s Limited-Operator Model
New York will approve a limited-operator, government-bid online sports betting model that was backed by Gov. Andrew Cuomo and opposed by most state lawmakers and the gaming industry at large.
New York Experiences Record-Setting Month in Sports Betting
On the back of Gov. Andrew Cuomo's comments surrounding the potential of legalizing mobile sports betting, New York's four retail sportsbooks experienced a combined record-setting $3.57 million in gross gaming revenue in January.
New York Lawmakers File Bill to Legalize Online Sports Betting
Sen. Joseph Addabbo and Assemblyman Gary Pretlow both filed bills on the legalization of online sports betting to the state Senate and Assembly, respectively. The bills, s1183 and a1257, include a 12% tax on gaming revenue and, unlike Cuomo's stance, would have the industry regulated by casinos rather than the state lottery.
Gov. Cuomo Eyes Legalization of Mobile Sports Betting in 2021
In his 2021 State of the State address, Gov. Andrew Cuomo announced his intentions of legalizing mobile sports betting in New York state, running the industry through the state lottery. He believes online sports betting will help combat the debt NY was hit with due to COVID-19.
Cuomo Hints at New York Online Sports Betting, But Hopes Could Still Rest with D.C.
Gov. Andrew Cuomo tantalized the gaming industry recently when he mentioned sports betting among possible solutions to the state’s projected $15 billion budget shortfall. The brief, off-hand comment was still his closest embrace for legal online wagering in New York from the man who has, perhaps more than anyone else, stood in its way.
Online Sports Betting Could Get Another Look in 2020
Falling revenues, rising costs and a looming budget deficit could, finally, compel New York online sports betting, two lawmakers said during a gaming industry conference.
New York Teams
New York Sports Teams & NY Sportsbook Partnerships
Pro Sports Teams in New York
New York Jets and WynnBET
The New York Jets and WynnBET have a multi-year agreement in place that has made the brand the official sports betting partner of the team. The partnership will bring a WynnBET Green Room to MetLife Stadium, which features an all-inclusive food and beverage hospitality space at Jets home games. The space will be approximately 4,800 square feet and provide a sportsbook experience that will allow Jets fans to access WynnBET betting content such as point spreads, game totals, in-play wagering and more.
New York Giants and DraftKings
The New York Giants and DraftKings have an agreement in place to make DraftKings the official sports betting, iGaming and Daily Fantasy Sports (DFS) partner. DraftKings and the Giants are providing a free-to-play Pick 'Em game that is available to Giants fans weekly. The partnership also includes a SportsLounge open on Giants' game days where guests can engage on DraftKings platforms.
Buffalo Bills and FanDuel
The Buffalo Bills and FanDuel Group announced a multi-year partnership at the beginning of 2022, designating FanDuel as an official mobile sports betting partner of the Buffalo Bills. In addition to the use of official Bills marks and logos, FanDuel will gain access to a range of media assets, including TV and radio spots to engage Bills fans and in-game signage and activations at Highmark Stadium.
New York Knicks and Caesars Sportsbook
Madison Square Garden and Caesars Sportsbook announced a multi-year agreement in November 2021 that made the sportsbook the official sports betting partner of the New York Knicks. Caesars Sportsbook will have a branded hospitality space inside Madison Square Garden that will be open for all Knicks and New York Rangers games. The space will undergo a full refurbishment ahead of the 2022-2023 Knicks and Rangers season and will include Caesars branding with special guest appearances, giveaways and more.
Brooklyn Nets and Betway Sportsbook
The Brooklyn Nets and Betway announced a new partnership in late March 2022, and the details of that partnership and what it means is still forthcoming. The Nets' origin can be traced back to 1967 when they joined the American Basketball Association (ABA) as the New Jersey Americans. They relocated to Long Island and rebranded as the New York Nets a year later. They relocated to New Jersey and remained there until 2012 before yet another move, this time to Brooklyn.
New York Yankees - No Sportsbook Partner
The New York Yankees joined the MLB in 1901 as the Baltimore Orioles before being purchased and moving to the state two years later as the Highlanders. They became the Yankees in 1913. The Yankees are the most successful MLB team in history with 27 World Series and 40 American League pennants. They have won four consecutive World Series twice and nine total from 1950 through 1960. Their last championship came in 2009.
New York Mets - No Sportsbook Partner
As part of the second set of expansion teams to be brought to the MLB, the Mets were founded in 1962. Though they struggled at first, the "Miracle Mets" made a Cinderella story run in 1969 en route to their first-ever World Series, upsetting the Baltimore Orioles. They added another title in 1986, their most recent to date.
New York Rangers and Caesars Sportsbook
The New York Rangers' partnership with Caesars stems from the Madison Square Garden deal that also includes the Knicks. The Rangers were founded in 1926 and are one of the Original Six before the NHL's expansion in 1967.
New York Islanders - No Sportsbook Partner
The New York Islanders were founded in 1972 and after two years began the best era of its franchise. The Islanders made 14 straight playoff appearances, won 19 straight playoff series and took home four straight Stanley Cups from 1979-83.
Buffalo Sabres and FanDuel Sportsbook
The Buffalo Sabres and FanDuel have a multi-year partnership in place that has made FanDuel an official sports betting partner of the team. The deal gives FanDuel the exclusive rights to branding, sports betting odds and promotions during Sabres broadcasts.
New York City FC - No sportsbook partner
New York City FC joined the MLS in 2015 as an expansion team, and after a bumpy first season finished second in the Eastern Conference in 2016. They play their home games at Yankee Stadium.
New York Red Bulls - No sportsbook partner
The Red Bulls have been around since MLS's inaugural season in 1996, first as the MetroStars before rebranding as the Red Bulls a decade later. The Red Bulls, like the Jets and Giants, actually play their games in New Jersey and not New York. They play their home games at Red Bull Arena, which opened in 2010, and are coached by Gerhard Struber.
New York Liberty - No sportsbook partner
The Liberty are one of the eight original franchises from the WNBA's founding in 1997.
New York has a few notable events that extend beyond its in-state teams for sports fans and bettors alike to enjoy, including:
This annual tennis championship is held every year in Queens at the USTA Billie Jean King National Tennis Center. The US Open is the last of the four Grand Slam tournaments and is played on acrylic hard courts.
Big East Tournament
This is an annual conference tournament that awards one team from the Big East with an automatic bid to the NCAA Tournament. It is held annually at Madison Square Garden.
2K Sports Classic
Held in November at the beginning of the NCAA men's basketball season, the 2K Classic is an eight-team tournament with each team representing a different conference. The semifinals and finals have been held at Madison Square Garden since 1998.
The National Invitation Tournament is a college basketball postseason event consisting of 32 teams that did not receive a berth to the NCAA Tournament. The semifinals and championship games are held in Madison Square Garden.
The Pinstripe Bowl
This is an NCAA-certified college football game that has been played in the postseason annually since 2010. The Pinstripe Bowl is sponsored by New Era and organized by the Yankees. This game is played in Yankee Stadium and will be represented by a team in the Atlantic Coast Conference and Big Ten Conference through the 2025 season.
Go Bowling at the Glen
Part of the NASCAR Cup Series, Go Bowling at the Glen is an annual race that has been held at Watkins Glen International since 1986. This race is sponsored by Go Bowling and typically takes place in early August. Chase Elliott has won the last two races, which consist of 90 laps for a total of 221 miles.
More Reading on New York Sports Betting
Upstate NY Gaming Economic Development Act (S5883)
The Up State NY Gaming Economic Development Act of 2013 established four commercial casinos in Upstate New York and allowed for in-person sports betting at these resorts if a federal ban were to be lifted. The State Gaming Commission oversees the regulation of these locations.
Additional Sports News
To supplement Action, you can find additional local sports coverage through these newspapers:
- The New York Times
- New York Daily News
- The Buffalo News
- The Post-Standard
- Democrat and Chronicle
New York's Sports Betting Authority
Currently, the New York State Gaming Commission regulates any kind of gaming in the state. This includes casino gaming, the lottery, horse racing and in-person sports betting, among others.
Local Sports Betting Casinos & Books
Del Lago Resort & Casino - DraftKings
The DraftKings Sportsbook retail location at Del Lago Resort Casino is located in Waterloo, which is about five hours away from New York City. The 6,000-square-foot facility, which opened in August 2019, is located on the casino floor and has 23 betting kiosks, four betting windows, a full food menu and more. Hours: Tuesdays-Wednesdays 8 a.m.-noon; Thursdays-Mondays 8 a.m.-2 a.m.
Tioga Downs Casino - FanDuel & Betfair
The retail FanDuel Sportsbook is located at the Tioga Downs Casino Resort in Nichols, which is about 3-and-a-half hours away from New York City. The new 2,600-square-foot-facility offers seating for about 50 customers and feature eight bettings windows with 27 video displays. Hours: Tuesdays 1-10 p.m.; Wednesdays-Fridays 11 a.m.-11 p.m.; Saturdays-Mondays 9 a.m.-midnight
Rivers Casino & Resort Schenectady - BetRivers & Kambi
The BetRivers Sportsbook lounge is located in Schenectady. The retail sportsbook offers VIP club chairs, table seating and five private booths with TV monitors that allows up to six people per booth. Included in the setup is a state-of-the-art 53-inch LED video wall with 22 additional TV screens. Hours: Mondays-Thursdays 10 a.m.-midnight; Fridays 10-1 a.m.; Saturdays 9-1 a.m.; Sundays 9 a.m.-midnight
Turning Stone Resort & Casino - Caesars
The Turning Stone Resort & Casino also offers a Caesars Sportsbook experience. This retail location in Verona features a 500-square-foot curved LED screen that is visible from three sides. Food, beer and cocktails are available here, and there is a luxury VIP area with dedicated screens. Hours: Mondays-Fridays noon-10 p.m.; Saturdays-Sundays 10 a.m.-10 p.m.
Yellow Brick Road Casino - Caesars
Another casino partnered with Caesars Sportsbook, this lounge at Yellow Brick Road Casino is located in Chittenango. This location features a 32-foot video wall and more then 30 large-screen TVs. There is room for more than 200 fans here, and if you want, you can reserve one of the seven available VIP fan caves for exclusive game-day events. Hours: Mondays-Fridays noon-10 p.m.; Saturdays-Sundays 10 a.m.-10 p.m.
Point Place Casino - Caesars
This Caesars Sportsbook lounge at Point Place Casino in Bridgeport offers a 24-foot high-resolution video wall with 30 LED screens. Food, beer and cocktails are served here, and a VIP section is open for reservations if you call ahead. Hours: Mondays-Fridays noon-10 p.m.; Saturdays-Sundays 10 a.m.-10 p.m.
Resorts World Catskills - bet365
Another premier New York casino experience.
Seneca Allegany Resort & Casino
Closer to the NY/PA border, this resort and casino is one of the best in NY. Whether you want to game, relax, or get married, this is the resort for you!
Resorts World Casino
This casino is located in NYC and is one of the biggest in the state. With over 1,300 table games and 4,900 slots, there is no shortage of action here!
Jake's 58 Hotel & Casino
This slot-only casino is open 24/7 for unlimited fun! With an in-house bar and dining options, this hotel has plenty of options for refreshment.
New York NewsSee All
Yes, retail and mobile sports betting is legal as of Jan. 8, 2022!
The list of sportsbooks that have been approved by the New York State Gaming Commission include:
The minimum betting age is 21.
There will be a 51% tax rate on profits imposed by the state. For comparison's sake, New Jersey has an 8.5% tax for in-person sports bets and a 13% tax for online and mobile sports bets.
Yes, DFS is operational in New York. PrizePicks, DraftKings and FanDuel are among the DFS operators in the state.
Yes, except there will be one major restriction. New York sports bettors will not be able to place wagers on in-state college sports teams.
MyBookie and Bovada are not legal and hopefully won't be necessary soon if the state can legalize full online betting. Legal online sportsbooks protect consumers, avoiding the heightened potential for credit card or other fraud that may be a greater risk at offshore books.
No, you do not need to be a New York resident to be permitted to bet on sports in the state. You simply need to be within the state’s borders. Each sportsbook’s mobile app will detect your location, and as long as you’re in New York, you’ll be allowed to open an account and place bets.