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New York Betting Successes And Failures
New York Sports Betting Success
New York’s sportsbooks were never expected to do as well as states with online sports betting options. While sportsbook revenue continued to rise throughout the end of 2020, a few million is nothing compared to the hundreds of millions generated monthly in New Jersey.
However, Governor Andrew Cuomo had been outspokenly opposed to any form of legal sports betting, even after the US Supreme Court overturned PASPA in May 2018, a federal law prohibiting states from legalizing it.
Despite his opposition, retail sports betting launched in 2019 inside several Upstate New York casinos. That’s far better than nothing, but a far cry from resounding success.