If you are a fan of sports betting, we’d like to share some very exciting news. The New York State Gaming Commission has just announced the approval of four NY mobile betting platforms that launched on January 8th 2022. Of course, placing sports bets in-person has been possible for quite some time now in the state. However, the official launch of these brands marks a completely new era for the sports betting industry in New York.
NY Mobile Sports Betting – January 2022 Update
NY mobile sports betting received the nod of approval from governors in April 2021. But as NY punters know all too well, getting the papers and licenses sorted for brands to launch has taken quite some time. But finally, the time is here, where bets can now officially be made on mobile devices from anywhere in the state.
Naturally, you must still be over the age of 21 and be a NY resident to legally make any wagers. So, who are the approved brands? Let’s get into it.
NY Mobile Sports Betting: The 5 Operators Currently Live
Of the 9 operators that have applied for NY mobile betting licenses, only 5 have been granted one. Interestingly enough, all 5 approvals already have in-person sportsbooks located around the state. Check out the 5 operators right here:Access BetMGM NY >
Go to DraftKings New York >
The DraftKings sportsbook is located at del Lago Resort, which shows another physical partnership that has led to the approval of this brand. DraftKings already operates in many states across the US too, typically boasting a $1,000 introductory offer for new customers. This is coupled with extensive sports betting opportunities too, so we are expecting great things from these guys.Access FanDuel New York >
FanDuel is pretty much on a par with DraftKings in terms of reputation and size. The FanDuel sportsbook can be found at Tioga Downs, and as you have no doubt guessed, this is the physical sportsbook that has enabled the NY mobile sports betting license to be approved here. Much like DraftKings, FanDuel is also known elsewhere for its $1,000 risk-free welcome offer. We expect this to also come to fruition in the coming days.Go to Caesars New York >
Caesars is synonymous with quality betting offerings these days, and they operate all across the US. The Caesars sportsbook will move online thanks to not one, but three separate partnerships with physical casinos. These include the Yellow Brick Road Casino, Turning Stone Resort, and Point Place Casino. If Caesars’ online sportsbooks elsewhere are anything to go by, we expect to see live betting, cashouts, and regular bonuses!
As you may know, Rush Street has a physical sportsbook at the Rivers Casino & Resort. This partnership has been pivotal in Rush Street Interactive receiving approval to launch the BetRivers mobile sportsbook in New York. And like all other brands mentioned here, the mobile sportsbook is available from Saturday, January 8th.
Mobile sports betting NY – specifics of the new industry
51% taxes for operators
All approved operators are required to pay back 51% of their total revenue to the state of New York. These additional funds will go towards addiction programs, new jobs, funding for education, and much more.
5 more licenses are pending
Although only 4 mobile sportsbooks are due to launch on Saturday, January 8th, there are 5 more licenses pending. These haven’t yet been granted as the New York State Gaming Commission believes they have not yet satisfied the requirements. With that said, the 4 pending licenses are for WynnBet, PointsBet, BallyBet, Bet365.
KYC checks will be extensive
When registering at these mobile sites, you will need to complete extensive KYC checks. This means you’ll need to prove your ID, address, as well as provide your SSN for tax purposes. These checks must be passed before you can bet on sports.