Thank you again for attending our live discussion on the state of online sports betting in New York.
As promised, you now have access to:
- The State of New York Sports Betting – An Examination of the Forces Shaping the Market, a comprehensive white paper that dives into the potential for online sports betting in New York.
Click here to get your copy. (Link will open in a new tab)
- How Legal Sports Betting Changed A NYC Podcaster’s Life Forever.
Also, a replay of the webinar will also be available once the recording becomes available.
We know your time is valuable and we appreciate you spending some of it with us. We look forward to doing this again soon
How Legal Sports Betting Changed an NYC Podcaster’s Life
New York sports betting is limited to retail establishments which are located in NY casinos in upstate NY. That leaves a good population of the state without legal betting options. However, New Jersey sports betting has both online and retail options.
That means NY sports betting customers must get a train and travel to NJ to place a legal wager. So what is the chance of New York legalizing sports betting? It’s hard to tell, but there is optimism around the latest legislative efforts. How Legal Sports Betting Changed A NYC Podcaster’s Life Forever is the story of one NYC sports bettor’s quest to bet legally and how his life changed when NJ legalized sports betting.
Be the first to watch our new documentary.
The State of New York Sports Betting – An Examination of the Forces Shaping the Market
Eric Ramsey, Matthew Kredell, and Dustin Gouker authored The State of New York Sports Betting – An Examination of the Forces Shaping the Market, a white paper that examines in detail the possibility and potential for online sports betting in New York. Currently, New York features two plans on how to legalize:
- GOV. ANDREW CUOMO
Under Cuomo’s plan, the state Gaming Commission would issue a request for proposals to select and license one or more platform providers via a competitive bidding process. This blueprint most closely mirrors the framework in place in a nearby market with barely 1 million adult residents and no commercial or tribal casinos. The lottery in New Hampshire chose DraftKings in 2019 as its sole sports betting operator in exchange for 50% of gross revenue, a relationship which benefitted the state to the tune of $11 million in the 2020 calendar year.
- NY LEGISLATURE
Lawmakers, on the other hand, have spent three years consulting with analysts, attorneys, experts, and stakeholders to craft a fully conceived plan for expansion via the state’s existing gambling operation. Their model would create an inclusive and competitive market built upon the commercial and tribal casinos, a framework more akin to New Jersey’s than to New Hampshire’s.
Click here to get an executive summary of The State of New York Sports Betting – An Examination of the Forces Shaping the Market.
Click here to get your copy of the full whitepaper. (Link will open in a new tab)
Is New York In An Online Sports Betting State Of Mind?
Our live chat with Chris Grove, Dustin Gouker, and Jessica Welman was well-received and covered a lot of important information about the state of sports betting in New York, including the answers to these questions:
- There is a lot going on in New York politics right now; how does all this affect the chances of legalization of online betting?
- What is the opportunity for New York sports betting in terms of handle, operator revenue and revenue to the state?
- The Cuomo model vs. the legislative model: Which one do you think is better and why?
- How much sports betting activity is heading to New Jersey because of New York’s failure to legalize online betting?
Luckily, it is not too late to watch it. Just click play.
One Last Thing …
Now is the time to take action and voice your support. Send a pre-crafted letter as well as social media messaging telling your representatives that you want to bet online.
Using our PolicyEngage tool below makes it simple. You are just a few clicks away from telling NY legislators how you feel about online esports betting in New York.