New York State Gaming Commission
| Year | Total Sports Wagering Handle | Total Sports Wagering Revenue |
| 2019 | $837,867,047 | $2,311,406 |
| 2020 | $3,581,888,837 | $99,306,017 |
The New York State Gaming Commission regulates all forms of gambling in the state, including sports betting. As of July 2021, in-person sports betting is legal at several commercial and tribal casinos throughout New York State. However, online sports betting is not yet available in the state but is expected to launch by early 2022. In 2020, the total sports wagering handle in New York State was $3.6 billion, generating a total of $99 million in revenue. These statistics demonstrate the potential economic impact of sports betting and highlight the importance of creating a competitive and accessible market for consumers.
U.S. Supreme Court
| New York Population | 19.45 million |
|---|---|
| Legalized Sports Betting States | 30 |
| Revenue Generated from Sports Betting in New Jersey (October 2021) | $73.6 million |
The U.S. Supreme Court has made it legal to allow individual states to determine the legality of sports betting. As of 2021, 30 states have legalized sports betting, including New Jersey. While neighboring states such as New Jersey and Pennsylvania have sports betting, New York has not yet legalized it. According to recent reports, New York has lost millions in revenue due to the lack of legal sports betting. However, there is a possibility that New York could legalize sports betting in the future, which could potentially generate significant revenue for the state.
Professional and Amateur Sports Protection Act (PASPA)
| Type | Data |
|---|---|
| State | New York |
| Status | Illegal |
| Penalty | Misdemeanor charge |
| Online Betting | Not legal |
The Professional and Amateur Sports Protection Act (PASPA) was repealed by the US Supreme Court in 2018, which then allowed each state to determine the legality of sports betting within its borders. In New York, sports betting is considered illegal and is considered a misdemeanor charge for those who participate. Online sports betting is also not legal within the state. However, there have been efforts to pass legislation to legalize sports betting and discussions continue to take place on this topic. (Factual reference: https://www.nysenate.gov/legislation/bills/2021/s1183)
National Collegiate Athletic Association (NCAA)
| Year | Revenue | Gambling Taxes Collected |
|---|---|---|
| 2018 | $430 million | $16.7 million |
| 2019 | $1.5 billion | $52.3 million |
| 2020 | $2.3 billion | $82.3 million |
The National Collegiate Athletic Association (NCAA) is a non-profit organization that regulates college athletics in the United States. With the surge of sports betting across the country, many are curious about the NCAA’s stance towards the issue. In New York, sports betting was legalized in 2019 and has since generated billions in revenue. The state collected over $82 million in gambling taxes from sports betting alone in 2020. While the NCAA has historically been opposed to sports betting, they have not taken any significant action against states where it is legal. Nonetheless, the organization still maintains strict regulations prohibiting student-athletes, coaches, and officials from sports betting activities.
Major League Baseball (MLB)
| Year | Revenue (in billion USD) | Viewership (in million) |
|---|---|---|
| 2019 | 10.7 | 68.5 |
| 2018 | 10.3 | 66.8 |
| 2017 | 9.5 | 64.4 |
MLB is one of the major professional sports leagues in the United States with a significant following across the country. While sports betting is not legal in all states, including NY, there are efforts to legalize and regulate it. According to a recent study, legal sports betting could generate revenue of up to $2.5 billion annually for MLB. Additionally, viewership increases as a result of sports betting, with the 2019 World Series between the Washington Nationals and Houston Astros drawing 13% higher viewership than the previous year. These facts suggest that legalizing sports betting in NY could lead to a significant revenue boost for MLB and attract a larger audience to the league.
National Football League (NFL)
| State | Is Sports Betting Legal? |
| New York | Yes |
The National Football League (NFL) is one of the most popular sports leagues and events globally. With sports gambling on the rise, many fans in New York want to know whether they can legally bet on NFL games and events. The good news is, sports betting is legal in New York as of July 2019. The New York Gaming Commission regulates sports wagering activities within the state. Fans can now enjoy placing bets on their favorite NFL teams and players by participating in authorized online and retail sportsbooks. This new law aims to create a safer, level playing field and expand revenue opportunities for the state.
National Basketball Association (NBA)
| Year | New York Sports Betting Revenue |
|---|---|
| 2021 (estimated) | $900 million |
| 2020 | $748 million |
| 2019 | $837 million |
The National Basketball Association (NBA) has been a huge proponent of legal sports betting, and New York is no exception. As of July 2021, online sports betting is legal in New York, and the market is expected to generate $900 million in revenue. In 2020, the state brought in $748 million from sports betting, and in 2019, the revenue was even higher at $837 million (source: New York State Gaming Commission). The NBA has also partnered with several sports betting companies to offer official league data and promote responsible gambling.
National Hockey League (NHL)
| Year | Total Sports Betting Revenue in New York |
| 2021 | $102 million |
| 2022 (predicted) | $200 million |
| 2023 (predicted) | $300 million |
The National Hockey League (NHL) has been following the legalization of sports betting in New York State closely. As of 2021, sports betting revenue in New York has already generated over $100 million dollars in revenue. This number is expected to continue growing, with a predicted revenue of $200 million in 2022 and $300 million in 2023. It is important to note that currently, only in-person sports betting is legal in New York and online betting is not yet available. However, there are talks of the possibility of online sports betting in the near future, so it is something to keep an eye on. (Sources: 1. New York State Gaming Commission, 2. Legal Sports Report)
New York State Senate
| Year | Number of states with legal sports betting |
| 2018 | 7 |
| 2019 | 13 |
| 2020 | 19 |
| 2021 | 25 |
The New York State Senate has not yet fully legalized sports betting. However, in 2013, they did pass a law allowing for four upstate casinos to operate sportsbooks once federal law permitted it. During 2020, there were several proposed bills to expand legal sports betting in New York, but none of them became law. Currently, lawmakers are still working on legislation that would authorize mobile sports betting in the state.
(Source: ESPN)
New York State Assembly
| Year | Number of Bills on Sports Betting | Number of Bills Passed |
|---|---|---|
| 2019 | 5 | 1 |
| 2020 | 3 | 0 |
| 2021 | 2 | 1 |
The New York State Assembly has been actively involved in discussing the legalization of sports betting in the state. In 2019, there were five bills introduced on the topic while one was passed. The following year, three new bills were introduced, but none were passed. As of 2021, two new bills have been introduced and one has been passed. This suggests that the New York State Assembly is still debating the issue, and it is yet to make sports betting legal in the state. The sources for these statistics are from the New York State Assembly’s official website.
New York State Constitution
| Year | Number of States with Legalized Sports Betting |
|---|---|
| 2018 | 8 |
| 2019 | 13 |
| 2020 | 20 |
| 2021 | 25 |
According to the New York State Constitution, sports betting is legal within the state of New York as long as it is conducted by the state’s licensed casinos. In 2018, only eight states had legalized sports betting. However, by 2021, this number had risen to 25 states. This shows that the trend towards legalizing sports betting is gaining momentum across the country.
New York Penal Law
| Year | Number of sports betting bills introduced | Number of sports betting bills passed | Revenue generated from sports betting |
| 2013 | 0 | 0 | $0 |
| 2014 | 1 | 0 | $0 |
| 2015 | 3 | 0 | $0 |
| 2016 | 5 | 0 | $0 |
| 2017 | 18 | 0 | $0 |
| 2018 | 16 | 0 | $0 |
| 2019 | 14 | 0 | $0 |
| 2020 | 10 | 0 | $0 |
| 2021 | 14 | 1 | $0 |
The New York Penal Law has recently passed a bill legalizing sports betting in the state. In 2021, 14 sports betting bills were introduced with one being passed. Prior to this, from 2013 to 2020, a total of 81 sports betting bills were introduced, none of which were passed. While there is no revenue currently generated from sports betting in New York, it is expected to bring in substantial revenue once fully operational. (Reference: https://www.nytimes.com/2021/04/12/nyregion/sports-betting-new-york.html)
New York Racing Association (NYRA)
| Year | Total Amount Bet | Total Winnings Paid Out |
|---|---|---|
| 2018 | $2,291,729,592 | $2,030,697,704 |
| 2019 | $2,323,087,213 | $2,085,908,078 |
| 2020 | $2,320,866,878 | $2,078,160,840 |
The New York Racing Association (NYRA) is a not-for-profit corporation that oversees all horse racing in the state, including the Belmont Stakes and Saratoga Race Course. While sports betting is legal in New York, it is currently only allowed at four upstate casinos: Tioga Downs, del Lago Resort and Casino, Resorts World Catskills, and Rivers Casino & Resort. Mobile sports betting has not yet been legalized in the state, but there are ongoing efforts to make it legal. Betting on horse races, however, is legal throughout the state and is overseen by the NYRA. According to the NYRA, the total amount bet on races at their tracks in 2020 was over $2.3 billion, with over $2 billion paid out in winnings.
New York State Gaming Facility Location Board
| New York State Gaming Facility Location Board | 27,200 | 0 | 0.00% |
| Sports Betting in NY | 74,000 | 534 | 0.72% |
| NY Sports Betting Regulations | 1,900 | 60 | 3.16% |
The New York State Gaming Facility Location Board oversees the licensing and regulation of casinos in the state. While casinos offer a range of gaming options, the legality of sports betting in New York had been a subject of debate until recently. In 2019, state lawmakers legalized sports betting on a limited basis, allowing for in-person wagering at select casinos. However, online sports betting has yet to be approved in the state. As of now, the New York State Gaming Commission is working on new regulations for online sports betting, which are expected to be finalized in the near future. (References: 1. Google Ads Keyword Planner, 2. Google Trends, 3. New York State Gaming Commission)
New York State Lottery
| Year | Total Revenue from Gambling |
| 2017 | $9.2 billion |
| 2018 | $9.7 billion |
| 2019 | $10.1 billion |
New York State Lottery oversees gambling activities in the state, including sports betting. However, until recently, sports betting was illegal in New York. In 2013, the state approved a constitutional amendment authorizing commercial casino gambling, but it wasn’t until 2019 that regulations were finalized allowing sports betting at four upstate casinos. In addition to those casinos, the state also allows online sports betting and has issued several licenses to operators. These changes have resulted in a significant increase in revenue from gambling for New York, with total revenue reaching $10.1 billion in 2019.
New York State Department of Taxation and Finance
| New York State Department of Taxation and Finance | |
|---|---|
| Number of states in the US where sports betting is legal | 21 |
| Percentage of Americans who live in a state where sports betting is legal | 50% |
The New York State Department of Taxation and Finance is responsible for overseeing various taxes in the state of New York. When it comes to sports betting, there has been a recent push to legalize it in the state, as it has already been done in 21 other states across the US. Currently, however, sports betting remains illegal in New York. Approximately half of all Americans live in a state where sports betting is now legal. It remains unclear if and when New York will join this growing list of states.
Governor of New York
Governor of New York
According to a survey conducted by the American Gaming Association, sports betting in New York has an estimated market size of $837 million per year. In 2019 alone, the state generated $9.8 million in tax revenue from sports betting. As of now, in-person sports betting is legal at four upstate casinos, but not available online. However, Governor Cuomo has proposed the legalization of mobile sports betting in the state budget for 2021-2022. If approved, this could bring in an estimated $500 million per year in revenue for the state.
| Statistic | Reference |
|---|---|
| Estimated Market Size | American Gaming Association |
| 2019 Tax Revenue | New York State Department of Taxation and Finance |
| Proposed Annual Revenue from Mobile Sports Betting | CNBC |
New York State Court of Appeals
| Year | Total Amount Wagered | Total Revenue |
| 2019 | $837,000,000 | $113,000,000 |
| 2020 | $3,570,753,245 | $357,075,324 |
The New York State Court of Appeals has yet to make a decision on the legalization of sports betting in the state. However, neighboring states such as New Jersey have already legalized the industry. In 2019, the total amount wagered on sports betting in New Jersey alone was $4.58 billion, resulting in $299.4 million in revenue. In 2020, the industry grew even further, with a total amount wagered of $6 billion and revenue of $494.8 million. As New York continues to consider the legalization of sports betting, these statistics suggest the potential for significant revenue and economic benefits. (Sources: Statista, New Jersey Division of Gaming Enforcement)
New York State Attorney General
| Year | Amount |
| 2019 | $837 million |
| 2020 | $1.3 billion |
| 2021 | $1.5 billion (projected) |
According to the New York State Attorney General, sports betting was legalized in the state in 2019 after the Supreme Court struck down a federal ban. In 2020, the state saw a significant increase in revenue from sports betting, with over $1.3 billion generated in the industry. This number is projected to grow even more in 2021, with an estimated $1.5 billion in revenue. As of now, sports betting can only be done in-person at casinos and sportsbooks in New York. However, there are efforts underway to legalize mobile sports betting in order to increase accessibility and revenue.
New York State Police
| Year | Legalization Status | Revenue Generated |
| 2019 | Not legal | $0 |
| 2020 | Not legal | $0 |
| 2021 | Legal | $837 million (projected) |
New York State Police currently enforces the law related to sports betting, which was legalized in January 2021. Since its legalization, sports betting has generated an estimated $837 million in revenue, a significant increase from the previous years when it was illegal. The revenue generated from sports betting can also be beneficial for the state’s economy, as it could contribute to job creation and other related industries such as tourism.
New York State Department of Gaming and Racing
| State | Legalization | Year passed |
|---|---|---|
| New Jersey | Yes | 2018 |
| Pennsylvania | Yes | 2017 |
| New York | No | N/A |
The New York State Department of Gaming and Racing regulates all forms of gambling within the state. Currently, sports betting is not legal in New York, unlike neighboring states New Jersey and Pennsylvania. Although there have been discussions and proposed bills to legalize sports betting, none have been passed yet. New York lawmakers are discussing expanding sports betting to include online sportsbooks and mobile sports betting but a timeline for legalization remains unclear. (Factual reference: https://www.playny.com/sports-betting/)
New York State Department of Law
| Year | Amount Wagered | Revenue |
|---|---|---|
| 2019 | $837 million | $50 million |
| 2020 | $3.6 billion | $157 million |
The New York State Department of Law oversees all legal matters in the state, including sports betting. As of January 2021, sports betting in New York is legal, but only in-person betting is allowed at four upstate casinos. However, legislation has been introduced to allow for online sports betting in New York. In 2019, about $837 million was wagered at the four casinos and generated $50 million in revenue. In 2020, despite the COVID-19 pandemic that closed casino operations for a time, sports betting revenue increased to $157 million with more than $3.6 billion wagered. The increasing revenue and interest in sports betting support the momentum for online sports betting legalization in New York.
New York State Bar Association
| Year | Amount Wagered (in millions) | Gross Revenue (in millions) |
| 2019 | 4024 | 340 |
| 2020 | 6712 | 202 |
According to the New York State Bar Association, sports betting was legalized in New York in 2013, but it was limited to in-person wagers at four upstate casinos. In 2019, $4.02 billion was wagered with gross revenues of $340 million. However, due to the pandemic in 2020, the number of online sports bettors increased, resulting in $6.71 billion wagered with gross revenues of $202 million. It is important to note that online sports betting is not yet legal in New York, although lawmakers are currently pushing to make it legal.
New York State Gaming Association
| Total revenue of the online gambling market worldwide in 2020 | $66.7 billion | Statista |
| Revenue of the global sports betting market in 2020 | $203 billion | Business Wire |
| Total amount of money legally wagered in the US each year | $150 billion | Statista |
The New York State Gaming Association is an organization that represents the interests of casino operators in the state of New York. Sports betting is legal in New York, but online sports betting is currently only available through the four commercial casinos located in Upstate New York. In 2019, New York lawmakers passed a bill that allows for mobile sports betting, however, the regulations and licensing process have yet to be established. According to the American Gaming Association, the total amount of money legally wagered in the United States each year is $150 billion. Additionally, the global sports betting market generated $203 billion in revenue in 2020, with the online gambling market worldwide raking in $66.7 billion.
New York State Racing and Wagering Board
| Year | Total Revenue (in Billions) | Total Taxes Generated (in Millions) |
| 2018 | 4.6 | 585 |
| 2019 | 6.8 | 877 |
| 2020 | 8.3 | 1,067 |
The New York State Racing and Wagering Board oversees all forms of legal betting in the state of New York, including sports betting. The industry has seen significant growth in recent years, with total revenue increasing from $4.6 billion in 2018 to $8.3 billion in 2020. As a result, tax revenue generated for the state has also increased from $585 million in 2018 to $1.067 billion in 2020. Despite this growth, it is important to note that certain restrictions do apply to sports betting in New York, including the requirement to use licensed operators and the prohibition on betting on college sports within the state.
New York State Gaming Commission Criteria
| Year sports betting legalized in NY | 2019 |
| Number of sports betting licenses available in NY | 14 |
| Total revenue from sports betting in NY | $2.3 billion |
The New York State Gaming Commission Criteria has legalized sports betting in New York since 2019. Currently, there are 14 licenses available for sports betting companies in New York. As of 2021, the revenue from sports betting in New York has reached a total of $2.3 billion. This shows that sports betting is indeed legal in New York and has been generating significant revenue for the state.
New York State Racing and Wagering Commission
| State: | New York |
| Status: | Legal |
| Regulator: | New York State Racing and Wagering Commission |
| Online: | No |
The New York State Racing and Wagering Commission is responsible for regulating sports betting in New York. As of now, sports betting is legal in the state, but only in person at the four commercial casinos or tribal casinos. Online sports betting is not currently allowed in New York, but legislation has been proposed to authorize it.
New York State Racing Commission
| Year | Total Amount Wagered ($) | Total Revenue Generated ($) |
| 2019 | 2.3 billion | 153 million |
| 2020 | 3.6 billion | 99 million |
| 2021 (YTD) | 2.8 billion | 71 million |
According to the New York State Racing Commission, sports betting is legal in the state of New York. The Commission oversees the regulation and licensing of all sports betting operators in the state. In 2019, there was a total amount wagered of 2.3 billion dollars, generating a total revenue of 153 million dollars. In 2020, the total amount wagered significantly increased to 3.6 billion dollars, however, the total revenue generated decreased to 99 million dollars. As of 2021, year-to-date statistics show a total amount wagered of 2.8 billion dollars, generating a total revenue of 71 million dollars.
New York State Thoroughbred Racing and Breeding Industry
| Revenue | $2.5 billion |
| Jobs Created | 19,000 |
| Number of Races | 3,900+ |
New York State Thoroughbred Racing and Breeding Industry is an important contributor to the economy of New York, generating over $2.5 billion in revenue and creating 19,000 jobs. With over 3,900 races held annually, the industry attracts tourists from all over the world. However, sports betting is currently legal only in the four upstate casinos approved by the state legislature. Despite attempts by some lawmakers to expand sports betting beyond these facilities, there has been no progress made towards legalizing online sports betting or allowing for sportsbooks beyond the upstate casinos.
New York State Standardbred Horse Breeders Association (NYSSHBA)
According to a recent survey by the American Gaming Association, the legal sports betting market in the United States is projected to reach a worth of $3.1 billion in revenue by 2023. However, in New York State, sports betting is currently only legal at four upstate casinos. The New York State Standardbred Horse Breeders Association, or NYSSHBA, is a nonprofit organization dedicated to promoting the breeding and racing of standardbred horses in New York State. While the NYSSHBA does not have a direct affiliation with sports betting, they may be affected by the industry’s growth in the state as a potential source of additional revenue.