New York Allowing Sports Betting On Soccer and More

Taking small steps, New York allowed sports betting at specific sportsbook lounges during the middle of July. Even though mobile sports betting is still prohibited, sports betters are now slightly closer to placing their legal wagers on sports.

Rivers Casino & Resort, the first for New York

Thus far, it is only a few casinos upstate who are set to get the State Gaming Commission’s approval. The Rivers Casino & Resort was the first in line. Legal sports betting at this hotel was celebrated with politicians being first in front with placing their bets at the windows. The Rivers has a Sportsbook betting lounge large enough to accommodate 80 people with VIP seating for 18. Sports bets can be placed at one of six windows or 14 gambling kiosks.

Even though this is a step forward in the process of legalizing sports betting, it would still mean that sports betters from New York will be forced to travel for more than three hours to place their bets. Bets can be placed on hockey, baseball, soccer and many more. Betting on collegiate sports of New York State is still prohibited. Sports gamblers will be able to place parlays, straight bets, in-game bets and totals. These need to be done on-site by being physically present. No betting through devices or mobile phones is yet allowed.

More to Follow Soon

Except for the Rivers Casino & Resort, others also have received approval. These include Tioga Downs, Del Lago and Resorts World Catskills. Del Lago Resort and Resort World Catskills are however still under construction, and their opening dates will always be announced. The next opening to look out for will probably be in Madison County at Point Palace Casino and in Verona at Turning Stone Resort Casino.

These both are expecting to open their sports betting facilities soon. Both of these belong to the Oneida Indian Nation. Another game player in the process is the Seneca Nation of Indians. They have three casinos in the west side of New York in Salamanca, Buffalo and Niagara Falls and are exploring the possibility of opening sports betting lounges at their casinos. This is still under discussion though, and no formal announcements have been made yet.

Losing Out on Much Needed Revenue

The urge to speed up the process remains a conflicting concern. The two opposing positions being those who feel it is an unnecessary evil versus the ones concerned about the vast sums of revenue lost by the city due to betters going to any of the surrounding venues where the practice is legal.

The economy of the city needs a financial boost and revenue, which can be earned in the town, will contribute significantly towards this need. The estimated amount lost in revenue towards New Jersey is exceeding tens of millions. This led to even Gov. Andrew Cuomo, who is by no means a fan of the process, to admit that the process will have to bring changes in the Constitution to be allowed.