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📖 Statute Reference
N.Y. Rac. Pari-Mut. Wag. & Breed. Law § 1367 (2021)
🚨 Penalties for Violations
Illegal bookmaking is a Class E felony (up to 4 years). Simple illegal wagering is a Class A misdemeanor.
📄 Exceptions & Special Cases
Must be 21+. No wagering on in-state college teams. 51% tax rate on gross gaming revenue (highest in the nation).
🔄 Recent Changes
2025: Bill A7962 introduced to establish advertising limits and wager limits on sports betting. High tax rate remains, though legislative discussions about potential adjustments continue.
🔍 Expanded Analysis: New York Sports Betting Laws
What this means for residents and visitors: A in-depth review of Sports Betting laws in New York finds that the substance is classified as 'Legal' under current state and federal statutes. Sports betting is legal in New York with online/mobile wagering launching January 2022. Retail sportsbooks operate at commercial and tribal casinos. The state has nine licensed mobile operators and ge Individuals planning to possess, purchase, or distribute Sports Betting in New York should be aware that the legal landscape is complex and varies by local jurisdiction. We recommend consulting a qualified local attorney before relying on any legal status summary.
Related restrictions: No specific restrictions documented.
🔗 Official Resources
Source: https://gaming.ny.gov/
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