As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Contains commercial content
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / Which sportsbooks are legal in New York 2022?

Which sportsbooks are legal in New York 2022?

Publish Date: January 14, 2022
Fact checked by: Jesse M Cox

New Yorkers can finally rejoice. Sports betting in New York is legal!

Sportsbooks available in New York

With the bill passed on January 8th to legalize all sports betting activity, land-based and online, sportsbooks have been clamouring to establish themselves in the Big Apple. You can see some recognizable names hungry to get involved. But, which sportsbooks are launching any time soon?

In these early stages, the New York Gaming Commission are selective about who they allow in. Only eight bookmakers have met these initial regulatory requirements, and there are plenty more nipping at the heels of the Gaming Commission. However, the eight that have been approved are up to standard and are among some of the best in the state.

What sportsbooks were legalized on January 8th?

DraftKings, FanDuel, BetMGM, Bally Bet, Kambi, Caesars, Wynn Interactive and PointsBet are all ready to get started with their platforms in New York. Bally Bet was one of the first finalists selected by the Gaming Commission and the Bally Bet NY bonus offer will be up for grabs in the near future.

The New York Gaming Commission will not only host platforms for these sportsbooks to get set up, but they also promise to provide gaming technology so their betting platforms can get off to a smooth start.

DraftKings, FanDuel, Caesars and Rush Street Interactive have already launched their platforms in the state on Saturday the 8th.  The remaining five, BetMGM, WynnBet, Bally Bet, Empire Resorts and PointsBet New York, still have some work to do to meet the launching requirements. In an interview with Elite Sports NY, Senator Joseph P Addabbo indicated his excitement about the news industry.

“It’s exciting. This is obviously the moment we’ve waited for on Saturday (the 8th). We’re primed for a lot of success here in New York and I appreciate what the New York Gaming Commission has done. They’ve worked with the providers, the operators and the casinos upstate. They’re slightly ahead of schedule and we’re likely going to take the first bet before the NFL playoffs begin,”

New York has always been stringently against online gambling, so to see such a change in thinking is refreshing. But, it seems the primary reason online gambling was suddenly legalised is due to tax reasons. Both sportsbooks and bettors in New York will be taxed.

If you wish to hold a sports betting licence in New York, you’ll be taxed a total of 51% on all of your earnings. Your licence will also be valid for ten years, and to apply for a new licence, it will be decided if it is in the best interest of the state. As a bettor, you are liable to pay tax on your winnings, with the percentage determined by your annual income.

51% is a lot more generous than the original line of thinking. Kambi, Caesars, Wynn Interactive and PointsBet all submitted an original tax rate of 64%, and at first, the other four sportsbooks had to match that tax rate. Eventually, the New York Gaming Commission decided to lower the tax rate to 51%, as it was in the best interest of the state to also include the other successful sportsbooks.

The only sportsbooks left out were Penn National Gaming, Fanatics Gaming, FOXBet and theScore.

DraftKings
1.
Favicon
4.6/5
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
FanDuel
2.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets
Virginia
Players from Virginia accepted
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
BetMGM
3.
Favicon
4.5/5
Bet $5 Get $150 Instantly in Bonus Bets
Virginia
Players from Virginia accepted
PayNearMe
PayPal
Bank Transfer
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Bet365
4.
Favicon
4.5/5
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
BetRivers.com
5.
Favicon
4.5/5
100% up to $500
Virginia
Players from Virginia accepted
PayNearMe
Bank Transfer
VIP Preferred
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Read Also
Who will be the next states to legalize sports betting?
Vermont and North Carolina are widely expected to be the next US ...
Illinois Senate files new bill to legalize online casinos
The Illinois state senate is considering a new bill looking to legalize ...
BetMGM Promo
North Carolina Online Sports Betting Bill Set For A Vote
North Carolina has already legalized retail sports betting, but currently has just ...
Is Barstool Sports legal in New York?
No, New York gambling fans still can't bet on Barstool Sports. Even ...
When Can I Register with Sportsbooks in New York?
New York has become the latest state to legalize online sports betting ...
Sportsbook of the month
DraftKings - Get your Bonus Bet now! Get your Bonus Bet now!
Latest News
North Carolina Gubernatorial Candidates: their stances on casinos
As the North Carolina gubernatorial race heats up, ...
Gates of Bitcasino grants a max win, worth $2.5 million
A lucky player won $2.5 million on Gates ...
Thunderkick partners with Betway, strengthening foothold in UK
Independent slot developer Thunderkick signed a partnership deal ...
Delaware Park re-opens with new Vegas glamor after $10M upgrade
The Delaware Park Casino recently unveiled its upgraded ...
Petersburg awaits casino vote, Richmond faces setback
Petersburg, Virginia, seeks to host a commercial casino ...
Top Betting Sites
Top Betting Bonuses
DraftKings
DraftKings
DraftKings Review
4.6/5
FanDuel
FanDuel
FanDuel Review
4.6/5
BetMGM
BetMGM
BetMGM Review
4.5/5
Bet365
Bet365
Bet365 Review
4.5/5
BetRivers.com
BetRivers.com
BetRivers.com Review
4.5/5
DraftKings
DraftKings Bonus
No Sweat First Bet up to $1,000
T&Cs apply
4.6/5
FanDuel
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets
T&Cs apply
4.6/5
BetMGM
BetMGM Bonus
Bet $5 Get $150 Instantly in Bonus Bets
T&Cs apply
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
T&Cs apply
4.5/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetRivers.com
BetRivers.com Bonus
100% up to $500
T&Cs apply
4.5/5
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPG
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Promo Code
Copy
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: BETCRYPTO
  • Drake loves this social casino!
  • Play for free with Gold Coins!
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site