New York Sports Betting Regulations Set To Be Approved Today

• Wagering on professional sports as well as out-of-state collegiate teams/events is permitted.
• In-state colleges or events being played inside New York state lines will be off limits.
• Officials believe New York sports betting could start as early as August or September.

ALBANY – The New York Gaming Commission has slated a time to finalize the sports betting regulations in New York.

The guidelines underwent their 60-day public comment period and will be voted on at Monday’s meeting.

As standing, the rules would allow wagering at any of the four upstate commercial casinos as well as the dozen Native American casinos about the state. Bettors must be physically present inside the casino to submit action, as the legislature has yet to adopt a mobile betting bill.

In terms of collegiate betting, any sporting event involving a college team from New York will be off the betting board, including if they are playing out-of-state. Furthermore, any collegiate event that is played within the state (even those involving two teams not from New York) will be off the board as well.

High school sports will be another prohibited wager type.

This is designed to prevent integrity issues with the unpaid student-athletes who have the ability to control facets of the game to illegally make some cash on the side.

The NCAA opposes all forms of sports wagering and continues to strive for more states to adopt rules such as NY. Their mindset is that collegiate betting “has the potential to undermine the integrity of sports contests and jeopardizes the welfare of student-athletes and the intercollegiate athletics community,” according to their website.

Assuming the commission approves the regulations, wagering at Resorts World Catskills, Tioga Downs Casino Resort, del Lago Resort & Casino, and Rivers Casinos & Resort Schenectady could begin as early as the start of the NFL season.

As some venues have already begun their sports betting lounge buildouts or remodels, the approval of their licenses is next of the docket for the commission.

The addition of mobile sports betting in New York is still possible, though legislators and Governor Cuomo have tirelessly debated its constitutionality.

If the lawmakers were to approve the measure for legal sports betting, it would have to happen in the next two weeks, as the New York legislature adjourns on June 19.

News tags: Governor Andrew Cuomo | New York | New York Gaming Commission