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Guide to Online Gambling in New York

Game Development
Apr 10, 2023
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Gambling games are famous across the globe for multiple reasons, including immersive features, gameplay, and the scope for making a fortune in a very short period of time. The rising popularity of gambling games, smartphone penetration, and availability of low-cost Internet are the reasons why online gambling is preferred across the globe. It not only gives bettors a chance to place bets from anywhere and at any point in time but also helps them generate a high level of ROI. 

Online gambling software took betting to the next level by making it much more automated, streamlined, and fast. If you are curious to know about online gambling in New York, here is the guide for you! There is a lot of scope for gambling activities in NY, as it is considered legal and an opportunity to earn huge revenue. If you are fascinated to launch your own open-source gambling software, you must hire an experienced and certified online gambling software provider that has years of experience in the same field. 

In this blog, we will highlight the important aspects of online gambling in New York, including the popular sites, features, benefits, and so on. 

Online Gambling In New York 

  • The global online gambling market size is increasing at a rapid rate and is going to reach a market value of USD 153.57 billion by the year-end of 2030, registering a CAGR of 11.7% from 2023 to 2030. 
  • Easy access to casino gaming platforms, smartphone penetration and internet availability are positively influencing the market.
  • The New York state government legalized NY gambling in 2021, which fueled the growth of casinos, sports betting and gambling operations in the state. As per the recent report, more than 650,000 new accounts were made on multiple mobile betting apps in the year 2021.
  • New York is among the most recent States to regulate or legalize sports betting and launched its gambling operations in January 2022. It has seen at least $800 million each month since the launch of the online betting industry. 
  • As per the market stats, New York is the largest sports betting market in America when it comes to mobile or online betting. According to the New York Fiscal Year 2023 Budget Briefing Book, more than $150 million in total wagers was collected via NY sportsbook apps.

Online Gambling Software 

Online gambling software is a platform which allows users to place bets from the comfort of their homes. Unlike traditional gambling, they don’t have to step outside or visit brick-and-mortar casino setups to try their luck. There are a lot of online gambling software providers available out there in the market, and therefore one must wisely select one according to their project needs and specifications. 

Before you select an ideal software provider, it is of utmost importance to decide what type of online gambling software you opt for your business venture. At BR Softech, we create top online gambling apps that offer a wide range of gambling games, including casinos, sports betting, virtual betting, fantasy sports, and lotteries. Online gambling development is not everyone’s cup of tea, it includes a lot of research, planning, brainstorming, execution etc. 

Types of Online Gambling Software 

 Here is a comprehensive list of different types of online gambling software that can be of great use for a successful business. 

Types of Online Gambling Software

A. Online Casino Software 

Casinos are the most important gambling variant for both gamblers and punters. There are a lot of casino games that are popular worldwide for their amazing graphics, gameplay rules and entertaining features. There are different types of online gambling casinos available out there in the market, including poker, blackjack, roulette, baccarat, call break, texas holdem, rummy, teen patti, hearts, live casino, etc. Based on your business nature and specifications, you can select ideal casino games to target a huge audience and generate a high level of revenue. 

B. Online Sports Betting Software 

According to the market stats, online sports gambling New York market accounts for $188.3 million in mobile bets and $19.5 million in revenue. There are different types of sports on which you can bet and try your luck to make a fortune. Some of the popular sports betting games are horse racing, football, volleyball, basketball, rugby, cricket, hockey, etc. With online gambling real money sports betting platforms, you can target audiences who love to place bets on the sports of their choice. 

C. Fantasy Sports Software 

Fantasy sports allow users to make an imaginary team of players who compete with each other in a real-life playground. The results of such a game are announced on the basis of the statistical performance of your selected team in the real world. As per market research, FanDuel, which is a leading fantasy sports platform, makes more than 40 per cent of the overall betting volume in New York and brings in $591 million in wagers. Whereas,  DraftKings sportsbook remained the runner-up with $491.3 million in the handle. 

D. Lottery Game Software 

Lottery games are known for immersive and interactive features, allowing users to try their luck and earn huge amounts of money. There are various types of lottery games, including satta matka, and national and international lottery games, offering unique and interesting gameplay experiences to users. 

Read Blog: CSGO Crash Gambling Software Development

The Best NY Betting Sites 2023

As mentioned earlier, New York is famous for its top online gambling apps or sites. The majority of gamblers and punters use top sites to showcase their betting skills and generate huge cash prizes in return. Here is the list of popular online sports gambling new york sites:

Rank Sportsbook Bonus Features 
1st Caesars sportsbook Up to $1250Stream NFL games in the app 1,000 Caesars Reward Credits  1,000 Tier Credits Redeem for hotel stays, bet credits, and More!Use Promo Code: NJBONUSFULL
2nd Fanduel Sportsbook $1000Up to $1,000 No Sweat First BetDesktop, Android & iOS versions are available 

Around-the-clock odds Free live streaming Exclusive vegas discount 
4th BETRIVERS $100 bonus Up to $100 bet credits 1x play through 
5th Draft Kings Sportsbook Up to $1200 bonusDraftKings Promo: Bet $5 Win $150Get a $50 Bonus Bet On the Deposit Up to $1,000 Deposit Bonus

Read Blog: Types of Gambling Games : Know Before Launching Your Betting Business

Must-Have Features of Online Gambling Development Platforms 

Features are the most integral component of any successful application or website. Earlier, we talked about online gambling in NY, here in this section, we will talk more about online gambling apps. Here is the list of features that make online gambling with real money much more interesting and immersive. 

Must-Have Features of Online Gambling Development Platforms

1. Multiple Payment Methods 

At BR Softech, we ensure to make online gambling apps all-inclusive by incorporating a wide range of payment methods that are safe and secure to use. This makes it easier for users to make payments and withdrawals via the payment method of their choice. 

2. Detailed match stats 

Our online gambling revenue apps offer detailed match stats in real-time so that users can bet accurately. We offer information instantly and without interruptions to increase the chance of winning for users. 

3. Real-time bet 

Our online gambling software developers ensure to take care of each bug or glitch to provide users with a seamless betting experience and one-click betting. 

4. Live Chat 

We ensure to incorporate live chat support within our online gambling software to increase user engagement and interaction on the betting platforms. 

5. Refer & Earn 

Top online gambling apps offer users a chance to earn huge money by referring the platform to other users or players. This increases the motivation of the players towards the gaming platform. 

6. Multi-Lingual 

We ensure to incorporate multiple languages to support and target gamblers worldwide. This will help them understand the in-app features and functionalities in their own native languages. 

7. Multi-Currency 

As a leading online gambling software provider, we ensure to incorporate multiple currencies to support people across the globe to make payments and withdrawals in the currency of their choice. 

Read Blog: How to Start an Online Gambling Business in 6 Steps

Final Words 

By now you might have understood the concept of online gambling in New York state. Undoubtedly, there is a lot of scope for online gambling in NY as the market is constantly striving and opening doors for new investors and entrepreneurs. With the legalization of gambling and sports betting in New York, a lot of sports business owners are interested in launching their own online gambling games. If you are interested in developing your own software for betting, contact our experts directly. 

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Frequently Asked Questions 

Q.1 How Long Does It Take To Develop Online Gambling Software? 

It takes around two to three months to develop an all-inclusive online gambling software from scratch. 

Q.2 Why Online Gambling Is Famous In New York? 

With the legalization and rising interest of people in gambling activities, New York state became a hub for bettors and punters in America. People in New York increasingly use top online gambling apps to try their luck and earn huge rewards. 

Q.3 How Much Does It Cost For Online Gambling Development? 

On average, the cost for online gambling app development ranges from $30k to $35k. 

Nitin Garg

I am Nitin Garg Founder of BR Softech PVT LTD - an Award-winning mobile game development company. We are armed with 180+ geeks & 2753 clients worldwide, I have driven by the spirit of entrepreneurship and dream to build a billion-dollar-company.

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