New York Legalizes Online Sports Betting

online betting

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In January 2022, New York rolled out online sports betting, opening its doors to all but three parishes. Those that were excluded voted not to allow sports betting inside their own borders. New Yorkers can now bet on their favorite teams, including the Saints, Pelicans, and LSU Tigers. Until then, these states will only allow sports betting on their state’s sporting events. Online sports betting will open doors to thousands of sports events across the country, which will lead to a growth in the market.

The legalization of online sports betting in New York is part of a larger movement toward increased gambling options in the state. Last year, New Jersey and Pennsylvania approved legislation to allow five land-based casinos. While the state’s market for online sports betting will remain closed for now, Wyoming will open its doors to licensed sportsbooks in September 2021. The state expects to have plenty of licensed online sportsbooks. Retail sportsbooks will also be available in stadiums.