New York sports fans can legally bet on sports events online since Jan. 8, 2022. The state’s gaming commission has announced four major operators, or “super groups,” that will provide online and mobile betting services. The “super groups” include Bally’s, DraftKings NY, FanDuel NY, the YES Network, and NYCFC of Major League Soccer. While each site has different rules and regulations, the benefits of online and mobile sports betting are similar.
New York sportsbooks made a great start in 2020, generating $3.57 million in gross revenue through January. The state’s Governor declared support for online sports betting, though he was critical of the single-source model run by the state lottery. The single-source model has been controversial in Washington, D.C. and some say it results in worse pricing for consumers. While Illinois has been a laggard in terms of sports betting, it’s expected to make a big splash in the future.
The most important aspect of online sports betting is safety. You can be confident that the website you’re working with will protect your personal information from unauthorized parties. As long as they are regulated by a reliable jurisdiction, you won’t have any issues transferring your information. Signing up with a legitimate site is the safest way to make sure you’re betting safely. There’s no reason to put your money in the hands of unscrupulous operators.