Online gambling is available in many states across the US. While some jurisdictions ban all forms of gaming, others have opted to regulate the industry and allow for different types of gambling. This is especially true for New York, which has the potential to be one of the largest iGaming markets in the world if/when online casinos launch. While there is no guarantee that iGaming will ever be legal in New York, it is definitely worth keeping an eye on as it could become a reality sooner rather than later.
There are several things to consider when considering if an online casino is legal in your state. The first step is to familiarize yourself with the laws in your area. Once you’re aware of the laws in your region, it’s important to select a site that offers the games you’re looking for and accepts your preferred payment methods. Once you’ve found a suitable site, the next step is to create an account. This is usually done by entering your name and other personal information. It’s important to use accurate information, as it may be used for verification purposes in the event of a dispute. After creating an account, most websites will provide you with a welcome bonus, which can be in the form of free spins, extra game play or even cash.
The US has a long history of regulated gambling, from the Native American and commercial casino booms to the introduction of sports betting in the early 2010s. Since then, a handful of states have launched real-money online casinos and poker sites. However, the Unlawful Internet Gambling Enforcement Act (UIGEA) remains a barrier to growth, as it prohibits payment processors from accepting funds from real-money casino and poker operators, even if those companies are operating within states that have approved them.
While the law has not been repealed, there are no current efforts to do so, and it seems unlikely that any would succeed. This leaves states with the option to authorize iGaming through their legislatures or ballot initiatives. Most choose to do the former, as it gives them control over the details of the system.
New Jersey, Delaware and Pennsylvania are currently the only states with regulated online casinos, though a few more are in the works. New York’s Joseph Addabbo recently introduced a bill, S4856, that would permit online slots and table games in the state but not poker. The move is aimed at boosting online revenue, which could help offset the high sports betting tax rate in New York. Governor Kathy Hochul did not include iGaming in her recent budget proposal, but the issue is certainly up for debate in the future. The state has a lot to gain from the expansion of its iGaming market, as it could potentially bring in billions in additional tax revenue. This money could be put toward transportation and healthcare, two major areas that are underfunded in the current state budget.