© 2022 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
WBFO Newsroom | Phone: 716-845-7040
Your NPR Station
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Donate Today Banner
Business/Economy

New York picks 9 vendors for lucrative mobile sports betting

A smart phone being used to bet
Martin Austermuhle
/
WAMU

New York's gaming commission has picked 9 operators to offer mobile sports betting, opening up what is anticipated to be a highly lucrative market.

The operators include DraftKings, FanDuel Sportsbook, BallyBet, BetMGM, Rush Street Interactive, Caesars Sportsbook, Wynn Interactive, Resorts World and PointsBet.

State officials estimated that allowing online betting could bring in up to $500 million in tax revenue annually.

The eagerness for being able to operate in New York has been high, given the size of the state population, income levels and the number of sports teams.