New York Approves Four Mobile Sports Wagering Operators To Begin Taking Bets On Saturday

News — Thu, 06 Jan 2022 21:52:41 +0000

The NYS Gaming Commission announced Thursday that four licensed Mobile Sports Wagering Operators – Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive – have satisfied all statutory and regulatory requirements necessary to accept and process mobile sports wagering activity and have been approved to commence operations with launch effective no earlier than Saturday, Jan. 8, 2022 at 9 a.m. Eastern Standard Time.

According to the New York Daily News, New York will be the biggest state to launch online sports betting since 2018, when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992. The state has had in-person sports betting since 2019, but its four in-person sportsbooks, all located at least an hour from New York City, have generated just $3.7 million in tax revenue.

The NYSGC's approval also includes up to $6 million in funds for gambling addiction programs each year.

The remaining five conditionally licensed Mobile Sports Wagering Operators continue to work towards satisfying statutory and regulatory requirements necessary to launch and will be approved on a rolling basis when requirements are met.

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New York Approves Four Mobile Sports Wagering Operators To Begin Taking Bets On Saturday