New York's Online Sports Betting Market Kicks OffCaesars Among The Four Launched On Saturday |
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It took about 2.5 years since New York State legalized sports betting before the day finally arrived for mobile betting.
On Saturday, the state of New York, home to more than 20 million people, began mobile sports wagering at 9 a.m. with the commencement of operations from Caesars, DraftKings, FanDuel, and Rush Street.
New York immediately became the largest state-sanctioned online sports betting market in the United States, but it should take some time before it officially eclipses neighboring New Jersey, which has had online sports betting since 2018. The Garden State has taken about $20.3 billion in bets since it launched sports betting.
New Jersey took $1.3 billion in bets in October, per state figures.
Sports betting has been legal in New York since July 2019.
“Today is a historic day for not only Caesars Sportsbook, but for the entire state of New York,” said Chris Holdren, Co-President of Caesars Digital. “We’re ready to treat sports fans across the state of New York like royalty through our Caesars Sportsbook app as we welcome them into the Caesars Empire, extend our already established roots and continue to build partnerships that benefit our bettors.”
New York has flirted with legalizing online poker, but those efforts stalled over the past handful of years, and New York shifted its online gambling policy efforts over to sports betting.
Online sports betting for New York should increase the odds of online poker legalization in the state, given the long history of bills filed that didn’t gain traction.
Caesars, owner of the World Series of Poker brand, would be a key player in any New York State regulated online poker market.
Caesars Sportsbook is currently live in 21 states and jurisdictions.
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