Here’s what you need to know about mobile sports wagering in New York: Why is New York allowing this? It’s expected to be a money-maker for the state, with New York charging a far higher tax rate than other large states.
Andrew Cuomo cleared the way for mobile wagering last April, when it was included as part of the state budget. The state Gaming Commission gave the green light to four mobile betting operators to begin taking wagers Saturday, making New York at least the 18th state to permit online sports gambling in some form.Īs of 9 a.m., the mobile betting apps had all been given the all-clear to launch in New York, which joined neighboring states like New Jersey, Connecticut and Pennsylvania in allowing mobile sports wagering. New Yorkers can now place bets on sporting events from their own home.
