NY Online Sports Betting Launch a Success with More Sportsbooks Coming Soon
- Four of Nine New York Online Sportsbooks Have Launched with More to Come Soon
- In Just 12 Hours, New York Became the “Top State for Sports Betting in the US!”
- Next for Remaining Five NY Online Sportsbooks: Meet Legal and Regulatory Criteria
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Four of Nine New York Online Sportsbooks Have Launched with More to Come Soon
Last weekend, New York’s online sports betting market finally launched with just four of its nine approved sportsbooks up-and-running, and, according to a Tweet shared by GeoComply, a cybersecurity company, the first day and a half of sports betting in the Empire State was “LEGENDARY.”
The first 36 hours of #SportsBetting in New York was LEGENDARY. In total, NY saw over 17M checks for their first weekend.
— GeoComply (@GeoComply) January 10, 2022
As we recently reported in New York Mobile Sports Betting Launches, NFL Bettors Happy, last week the New York Gaming Commission gave four of nine conditionally approved online sportsbooks the green light to begin operations on Saturday, January 8, and BetRivers, Caesars Sportsbook, DraftKings, and FanDuel proceeded to successfully launch.
A spokesperson for Resorts World, a brand of the offshore group that operates casinos in Monticello and New York City, told the press that this new online betting market will have a positive impact on the financial interests of the state:
The decision to allow companies to quickly launch their mobile sports platforms is good news for the economy across the State of New York. We are excited to launch in the near term and bring additional benefits to the people of New York State.
It only took half a day for New York’s online sports betting market to rise to the top.
Sign up here to start betting on sports in NY:
In Just 12 Hours, New York Became the “Top State for Sports Betting in the US!”
The tracking data from GeoComply reflected “record-breaking geolocation transaction volumes,” or roughly 5.8 million New-York based geolocation transactions in the twelve hours following the 9 a.m. launch on Saturday morning, which was double that of neighboring state Pennsylvania.
It was an exciting first half a day, according to Lindsay Slader, managing director of gaming at GeoComply, who said on the social media site LinkedIn:
In just 12 hours, New York has become the top state for sports betting in the US!
Hopeful news for a freshly launched operation, especially given that five more sportsbooks will be coming soon to the New York market.
Next for Remaining Five NY Online Sportsbooks: Meet Legal and Regulatory Criteria
Now four of the nine conditionally approved sportsbooks in the state of New York are live and the remaining five – BallyBet, BetMGM, PointsBet, Resorts World, and WynnBet – are scurrying to do the same, with some minor speed bumps and red tape to contend with yet.
The gaming commission indicated that the final five sportsbooks still had some housekeeping to get done before final approval of their licenses are granted, saying in its January 6 press release:
The remaining five conditionally licensed Mobile Sports Wagering Operators to continue to work towards satisfying statutory and regulatory requirements necessary to launch and will be approved on a rolling basis when requirements are met.
Given the initial success of New York’s online sports betting market, it most likely won’t take the other sportsbooks too long to comply, and, as WynnBET’s Jake Meister said in an email, ““We hope to announce a launch date in the near future.”
Check back for the latest news and updates on the ongoing story.
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Mike Lukas is a retired standup comedian turned freelance writer now living in Dallas, Texas, originally from Cleveland, Ohio. His love for the game of football and all things Cleveland Browns turned Mike into a pro blogger years ago. Now Mike enjoys writing about all thirty-two NFL teams, hoping to help football gamblers gain a slight edge in their pursuit of the perfect wager. Email: [email protected]