FanDuel and Others Get Go-Ahead for New York Mobile Betting Launch
Great news for all sports punters in New York as legalized mobile sports gambling launches in the state on Saturday.
The development follows the announcement of the New York Gaming Commission made on Thursday approving four of the nine sports betting operators in the state to start offering real money bets as early as 9 am, Saturday morning.
The approved operators include DraftKings, FanDuel, Caesars Sportsbook, and Rush Street Interactive. The Gaming Commission stated that the other five operators are working to meet the laid-down statutory and regulatory requirements and will be approved as soon as those are met.
According to the Action Network on Thursday, four approved operators have agreed to accept bets on Saturday. This means that New York residents could place wagers for the last week of regular-season games for the National Football League and the upcoming playoffs and Super Bowl on their mobile devices.
New York expects the sports betting revenue to yield $10 billion each year, out of which $500 million or more would go to the state as taxes.
I think it's great that four of the nine sportsbooks are getting in before the start of the NFL playoffs is tremendous. And given their experience in other states, I think the others will follow quickly.