US Gambling Sites New York Online Gambling; New York Online Gambling. At present, the state laws in New York do not address online gambling so while there are no Government regulated sites, there are some reliable options for online gambling within NY. In order for online gambling activities to become legal in New York, it needs to specifically approve them. And while online gambling as a whole has yet to be legalized, this makes online casinos in New York quite illegal. Furthermore, it’s one of the only states within America to proceed with actively cracking down on unregulated platforms. NY online sports betting is inevitable. Here is what New Yorkers can expect when lawmakers eventually pass sports betting legislation. One year ago, the future of NY online sports betting was a.

NEW YORK - After two years of online sports betting, New Jersey has seen month after month of record-setting revenues with gamblers wagering more than $931 million on sports last November alone. Now, Governor Andrew Cuomo is hoping to keep some of those dollars here in New York with legislation to authorize online sports gambling.

At face value, this means that online gambling is banned throughout the state. New York is more concerned with foreign betting sites operating than the players making bets. Will I Be Prosecuted for Betting on Sports in New York Online? The state law allows for the prosecution of anyone betting on sports over the internet.

What You Need To Know

• Governor Cuomo says legal online sports gambling in New York would keep revenue in the state


• New Jersey gamblers spent 931 million dollars on sports wagers in November setting a record for the industry


• Attorney Daniel Wallach warns that Cuomo's plan could invite problems down the line

'We propose state-sponsored mobile sports betting to raise additional revenue' said Cuomo during his State of the State address Monday.

He went on to release a statement saying 'by legalizing online sports betting, we aim to keep millions of dollars in revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis.'

Can You Gamble Online In New York

Some say New York is well poised to become the top market in the game.

'By most conservative projections, we're talking about at least one billion dollars of wagers being made every month, maybe more,' said attorney Daniel Wallach of Wallach Legal, a law firm focusing on the growing sports wagering industry.

Wallach says the governor's plan to award a single operator the right to launch online sports betting is different from New Jersey and could bring in big money for New York.

'A competitive bidding situation would lead these companies to basically one up each other and provide the highest possible revenue share for the state' said Wallach.

Ny Casinos Online Slots For Real Money

Ny Online Gambling Sites

But he warns that the plan could invite problems down the line.

Ny Sports Gambling Online

'It does come at the expense of consumer choice, competition, fairness, and it raises the stakes considerably on a legal challenge to the entire system,' said Wallach.

Ny Casino Online

The governor says the state is facing a $15 billion budget shortfall and that online sports gambling can help close the gap.