New York Legal Sports Betting

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In 2013, a New York sports betting law was passed in anticipation of the Supreme Court removing federal restrictions on state-sponsored sportsbooks. In 2018, SCOTUS finally struck down the Professional and Amateur Sports Protection Act, giving the Empire State the ability to start operating sportsbooks. The 2013 New York sports betting law was very limited in scope, and because of this, new legislation is sure to be passed in the near future.

To fully understand how New York sportsbooks are able to operate in the state, we have outlined what you need to know about the New York sports betting law currently on the books. With our sports betting bill tracker, you’ll be able to keep track of any new bills coming to the floor, as well as learn of any new New York sports betting laws that get passed.

New York Legal Sports Betting

New York now has legal sports betting, although it’s not online yet. Just under a dozen upstate casinos can operate brick-and-mortar sportsbooks at the moment. Daily fantasy sports and horse racing are also legal — and regulated — in New York. Read on for more information about all of the sports gaming options in the state. New York actually passed a law back in 2013 to allow sports betting at a number of on-site locations, pending the removal of the federal ban on sports betting by the Supreme Court. That decision arrived in May 2018, and it paved the way for legalized sports betting in New York which is expected to start sometime in 2019/2020. Legal sports betting in New York officially went live on July 16, 2019. While online and mobile wagering is not yet legal in NY, legalizing brick-and-mortar sportsbooks was a first step in the right direction.

What’s In The NY Sports Betting Law?

The New York sports betting law, which was passed in 2013, outlines pretty basic things for the operation of sports betting in the state. Now, most of the bill contains information for the operators of these facilities, so we’ve gone ahead and picked apart the legislation in order to give you just the relevant parts of the 2013 New York sports betting law. If you’d like to take a look at the New York Economic Development Act yourself, it can be found under New York’s 2013 Consolidated Laws, Chapter 174, Article 13.

New york sports gamblingAgainst

Title 8 of this law is especially pertinent to sports bettors in the Empire State. This part of New York’s sports betting law outlines where legal sports wagering can take place in the state. According to subsections (b & d), “(b) A sports pool shall be operated in a sports wagering lounge located at a casino.” “(d) An operator shall accept wagers on sports events only from persons physically present in the sports wagering lounge.”

These sections outline where and when sports betting can take place in New York. They have to be at a legally defined casino, of which there are four in the state. Subsection d specifically prohibits the use of online and mobile betting, as operators are only permitted to accept wagers from people who are present in person. Further down in New York’s sports betting law, you’ll find a timeline for when sportsbooks can begin operating in the state, should federal restrictions be lifted.

“In addition to authorized gaming activities, a licensed gaming facility may when authorized by subdivision two of this section operate a sports pool upon the approval of the commission and in accordance with the provisions of this section and applicable regulations promulgated pursuant to this article.” Essentially, sportsbooks can’t open until the New York Gaming Commission creates and approves regulations for the casinos to adhere to.

New York Sports Betting Bill Tracker

Legal Sports Betting In New York

As you can see, the current New York sports betting law is relatively limited. You can only wager in person, and you can only wager at four commercial casinos in the state. Fortunately, there is currently a bill in both the Assembly and the Senate in New York. The Senate Bill is called SB 7900. The Assembly bill is called A 11144. They are identical in nature except for one small difference – SB 7900 states that the royalty fee for leagues should be set at .20 percent. A 11144 has it marked out as .25 percent. One of the bills will have to be amended to match the other before a single bill can become a New York sports betting law.

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What these two bills seek to do is expand sports betting operations in New York. They would open operations not only in commercial casinos, but also in Racinos and Native American Casinos, through a partnership of the two venues. It would also allow for online sports betting to take place anywhere in the state – so long as sports bettors first set up their account in person at one of the sportsbooks. These New York sports betting bills set the tax rate at 8 percent for brick-and-mortar sportsbooks, and 13% for online sports betting. Lawmakers have until June 20th to make these bills match and pass them off to Governor Andrew Cuomo for signature.

New York Sports Betting Law FAQs

Can I Bet Online Under The Current New York Sports Betting Laws?

Under the current New York sports betting law, you cannot bet on sports online. It specifically states in Title 8 that operators of sports pools may only accept wagers in-person. NY lawmakers may change this in the future, but for now, online sports betting cannot be done through a New York Casino. There is nothing in the New York sports betting laws that make mention of online, offshore casinos, however. So if you want to bet on sports online or on a mobile device, you should head over to a trusted online, offshore book, like BetOnline or 5Dimes.

What Is The Legal Age To Bet On Sports In NY?

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The legal age to bet on sports in New York is 21. This is the same age you would have to be to enter any one of the Casinos, Racinos, or Native American gaming facilities in the state, as well, so this shouldn’t come as any surprise to you. You can find the exact verbiage that outlines the legal sports betting age in subsection (e) of Title 8 in the 2013 New York sports betting law.

Will My Winnings From Sports Betting Be Taxed?

Yes, your winnings from any gambling in the state of New York will be taxed. The good news is the casinos almost always take 25% out of your winnings before giving you a payout, so you aren’t required to pay that at a later date, but if your winnings total over $5,000, you may be subject to income tax withholding. If taxes are taken out of your winnings, you’ll be sent a tax form, W2-G.

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