New York sports betting Photo credit: Craig Dudek. The wait for NY online sports betting continues despite several states launching online wagering platforms in the wake of the U.S. Dec 16, 2020 Here is a list of sports we expect New Yorkers to be able to bet on after the launch of NY online sports betting: Auto Racing; Baseball; Basketball (Pro and College) Bowling; Boxing; Cricket.

PUBLISHED 6:18 AM ET Jan. 12, 2021PUBLISHED 6:18 AM EST Jan. 12, 2021

NEW YORK - After two years of online sports betting, New Jersey has seen month after month of record-setting revenues with gamblers wagering more than $931 million on sports last November alone. Now, Governor Andrew Cuomo is hoping to keep some of those dollars here in New York with legislation to authorize online sports gambling.

What You Need To Know

Governor Cuomo says legal online sports gambling in New York would keep revenue in the state

New Jersey gamblers spent 931 million dollars on sports wagers in November setting a record for the industry

Attorney Daniel Wallach warns that Cuomo's plan could invite problems down the line

'We propose state-sponsored mobile sports betting to raise additional revenue' said Cuomo during his State of the State address Monday.

He went on to release a statement saying 'by legalizing online sports betting, we aim to keep millions of dollars in revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis.'

Batel poker club. Some say New York is well poised to become the top market in the game.

'By most conservative projections, we're talking about at least one billion dollars of wagers being made every month, maybe more,' said attorney Daniel Wallach of Wallach Legal, a law firm focusing on the growing sports wagering industry.

Wallach says the governor's plan to award a single operator the right to launch online sports betting is different from New Jersey and could bring in big money for New York.

'A competitive bidding situation would lead these companies to basically one up each other and provide the highest possible revenue share for the state' said Wallach.

But he warns that the plan could invite problems down the line.

'It does come at the expense of consumer choice, competition, fairness, and it raises the stakes considerably on a legal challenge to the entire system,' said Wallach.

The governor says the state is facing a $15 billion budget shortfall and that online sports gambling can help close the gap.

The history of all major sports run through New York.

From the most decorated MLB franchise in the New York Yankees to storied organizations such as the New York Knicks of the NBA, the Empire State takes claim to 10 teams across the four major professional leagues in North America.

Now, folks in New York can legally bet on those franchises — at retail sportsbooks, at least.

As it has been since 2019, when regulated brick-and-mortars began cropping up in New York, legal wagering in the state is limited to physical sportsbooks located at four commercial casinos and seven tribal casinos.

Lawmakers and stakeholders have long fought for the addition of online sports betting in New York. To this point, though, each attempt has been rebuffed, thus creating quite the restriction on the industry.

Not all is lost for bettors in the state, however. Nearby New Jersey boasts a host of betting apps that New Yorkers can download at home before using to place wagers while physically located in the Garden State.

Certainly, though, the fight to integrate NY online sports betting will continue — hopefully with a happy ending.

Sign up at these online sportsbooks in NY and bet in NJ

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