Online Sports Betting Approved In New York; Could Start By NFL Season

online sports betting - Man watching football play online broadcast on his laptop, cheering for his favourite team, making bets at bookmaker's website.

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Online sports betting is finally coming to New York!

According to Darren Rovell of the Action Network, “a limited-operator, government-bid online sports betting model” was approved on Tuesday with backing by Governor Andrew Cuomo.

Very few details were immediately made available.

While there is no word on what platform will partner or host the online sports betting nor a timeline for when it will begin, there is optimism that everything could be in place for the start of the upcoming NFL season.

DraftKings, FanDuel, BetRivers and bet365 could all be possibilities.

Rovell adds:

New York retail sports betting opened their doors in June 2019, generating a few million dollars in total combined betting handle since their initial wager. Online wagering is expected to make up more than 90 percent of New York’s betting handle, which industry observers believe could eventually top billions of dollars in gross handle monthly.

Senate Finance Chair Liz Krueger said that a vote on the chamber floor could happen as early as Tuesday night.

That is all the information that is available at this time. This article will be updated with new and relevant information should it become available at any time. If there is anything that we missed, please feel free to send an email to [email protected] and we will respond as soon as possible. 

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