2 mins read

Is Online Gambling Legal in New York?

New York state lawmakers had no idea when debating iGaming legislation in February 2022 that mobile sports wagering would become such an industry success story, bringing in over $729 million since January 2022 and potentially helping close budget gaps over the coming years. Unfortunately, online casino gaming remains off the table and may remain so until 2024.

New York legislators are working on amending laws to allow online gambling, yet progress remains slow. New Yorkers currently seeking their gambling fix must travel to a physical casino or resort; however, Assemblyman Gary Pretlow and Senator Joseph Addabbo have introduced a bill which could bring online gaming directly to New York State.

Their proposal to legalize iGaming includes regulation of online casinos as well as taxing revenue generated from it at 30% with a $2 million licensing fee for operators, potentially yielding up to $1 billion annually and helping bridge projected budget deficits. They plan to redirect iGaming taxes towards responsible gambling resources or other areas in need.

Geolocation verification will be an integral component of online casinos, helping ensure players are physically in New York when placing real money wagers. This can be accomplished using either their mobile phone’s GPS functionality or desktop computer with WiFi and plug-in app to confirm they’re present in New York.

Online casinos typically offer geolocation verification as part of their services and an array of banking options that make deposit and withdrawal simple, including credit and debit cards and even cryptocurrency such as Bitcoin. Furthermore, top online casinos will often have excellent customer support to assist players should any issues arise while playing.

As with any gambling venture, it’s vitally important that you play responsibly and stay within your means. Many New York casinos and sites provide information and links to organizations that provide assistance for problem gamblers such as New York Council on Problem Gambling, Gamblers Anonymous and Office of Alcoholism and Substance Abuse Services as just some examples of organizations available for help.

New York state requires individuals aged 18 or over to legally gamble; the minimum age for casinos due to alcohol laws is 21. It’s wise to review each casino’s rules prior to deciding which ones you will visit and play at. In addition to minimum age requirements, online casinos will usually require proof of identity when opening an account with them and will check that you meet legal eligibility for placing bets as part of signing up an account with them.