New York Sports Betting: When Will BetMGM NY Launch and What's Next for Operators?

New York Sports Betting: When Will BetMGM NY Launch and What's Next for Operators?
By Lou Monaco

Two days before the one-week anniversary of live Betting Apps NY, New Yorkers are anxiously waiting to see what’s next.

With operators finally live, welcome offers hit the charts last weekend to try to attract customers to open new accounts.


New York Sports Betting Waiting for More

The Saturday operators who were given the green light by the New York State Gaming Commission (NYSGC) were only four of the nine approved sports betting platforms back on Nov. 8.

Five other operators are furiously seeking permission to launch their own New York sports betting apps.

The five — BetMGM NY, WynnBET NY, PointsBet NY, Bally Bet NY and Resorts World NY — are continuing to work toward meeting statutory and regulatory requirements. Once those requirements are met, the (NYSGC) will approve them to launch on a rolling basis. It is not known if all five get approved at once, which is clear by the notion of a “rolling basis.”

It was last Thursday when the NYSGC gave the go-ahead for the four that launched on Saturday, which gave everybody a mere 48-hour window to prepare.

Two of the five pending operators, in emails to EmpireStakes.com Thursday morning, had no further information regarding details on when they might be up and running.

When the next batch of sportsbooks go live you can check the New York sports betting promo codes page for the latest offers.


A Historic Opening Weekend

More than 23 million transactions (17.2 on Sunday) occurred during opening weekend, according to the geolocation experts at GeoComply, so bettors came out full force with attractive matching deposit offers.

Look for more welcome offers, plus NFL Playoff offerings, to fuel even more growth over the coming month leading up to the Super Bowl at SoFi Stadium in Inglewood, California, on Feb. 13.

NY Sports Betting Went Wild

Just after 9 a.m. last Saturday, bettors in the Empire State finally had their first opportunity to place mobile wagers over four sports betting platforms: Caesars Sportsbook New York, DraftKings New York, FanDuel New York and BetRivers New York. That historic moment came just in time for the start of the NFL Playoffs, which begins this Saturday afternoon as the Las Vegas Raiders visit the Cincinnati Bengals at 4:30 p.m. to start Wild-Card Weekend.

Later that night, in bone-chilling temperatures near zero, the lone New York team standing, the Buffalo Bills, host the New England Patriots.

DraftKings New York as of late afternoon Thursday had the Bills as a 4-point favorite and -200 favorite on the moneyline. The Patriots were +170 on the moneyline and the over/under for points was at 48.5.


Commercial Casino Licenses Downstate?

With all of this fluidity and excitement on the New York gambling scene, the NYSGC is continuing the process on requests for information for commercial casino licenses in New York City and possibly its surrounding boroughs.

Back on Nov. 23, the NYSGC offered responses to potentil suitors for those licenses and an NYSGC spokesperson told EmpireStakes.com Thursday that there was no other news to report on the process.

The possibility of new casinos and even retail sportsbooks in and around New York City would be enormous for future growth, handle and tax revenue for the region.

Stay tuned.

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Contributors

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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