It was in June of this year when New York finally legalized local sports betting. There are now 11 different sports that New Yorkers can now wager on. This includes boxing, baseball, auto racing, football, and cricket.
The decision of this state to legalize sports betting didn’t really make New York the first state to do this. States like Nevada, Delaware, New Jersey, and Pennsylvania were one of the few first states that immediately took an action of this since May of 2018.
In 2018, the Supreme Court of the United States fond the Professional and Amateur Sports Protection Act of 1992 unconstitutional. This meant that sports betting is federally legal. It’s now up to the local state governments to decide on its legislation and regulation.
It did take New York over a year to finally come to a decision, but it only took around a month before sports betting went live in July. However, the New Yorkers are not exactly too thrilled about this. Sports betting in New York is only legal if it’s done in a casino or a sportsbook.
Mobile or online sports betting is still not legal in this state. Only a few casinos can accept bets from punters and some of these are the Rivers Sportsbook in Schenectady, FanDuel Sportsbook in Tioga Downs, Turning Stone in Syracuse, and DraftKings Sportsbook in del Lago Resort Casino.
Most of the casinos that can take bets from punters are located upstate and this is what many are not pleased about. With today’s technology, convenience is what many are looking for. They would rather just check match predictions from their phones and also place their bets with their own devices anywhere they are.
The lack of mobile betting in New York is also the culprit as to why the local betting market isn’t doing as great as how other states are experiencing it. In fact, for the month of November, the sports betting revenue in the state declined at 41 percent.
This is a lot different from how Illinois is doing as it is now only on its third month of having launched sports betting, but it already earned over a hundred million dollars. The sports wagering revenue trend in this state is still going upwards.
The trend of sports betting in Illinois only seems to go upwards and over half of the bets that this state gets are made online. The same goes for how sports betting in New Jersey is doing. In fact, in the middle of this year, New Jersey has finally defeated Nevada when it comes to how much it earned from sports wagering in June.
This is also mainly thanks to mobile betting as 80 percent of the wagers in New Jersey are made online. The giant bookies like DraftKings and FanDuel Sportsbooks are usually the ones leading the market when it comes to this.
Now, New York is already seeing how the lack of mobile betting isn’t making the launch of sports wagering in the state too successful. It’s not that this wasn’t even considered or proposed in the first place.
The bill that was signed for sports betting in New York was pushed for by Senator Joe Addabbo Jr. Now, Addabbo did include a clause that also pushes for the legislation of mobile wagering in New York. However, when it was already discussed at a hearing, it never really came up.
This is because it may be tough to legalize mobile betting. It’s not as simple as allowing in-person sports wagering. It’s because a change in the constitution will be required for this to happen. It may take until late 2022 for this to happen.
New York is still considering whether they really should allow mobile sports betting locally. However, addiction experts from New Jersey recently warned New York about the risks and dangers of allowing online and mobile betting in the state.
Since New Jersey has legalized both land and online sports betting, the number of people calling the state’s gambling hotline to report a sports betting problem has more has doubled. This is according to the report of the Council on Compulsive Gambling of New Jersey.
It’s possible that this could happen to New York once mobile betting is finally allowed in the state, but this still may not hinder the state from allowing it. It is reported that in 2020, New York may face a $6 billion budget shortfall.
This means that the state may be desperate to find ways to bring in more revenues and surely, legalizing sports betting may help with this.