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NY Online Sports Betting Doesn’t Hurt Neighboring States
Since PA online casinos and sportsbooks launched in 2019, the state has been racking in gambling revenue — not from merely its own residents — but from the residents of neighboring states, too.
Though neighboring New Jersey was the first state to legalize online gambling, Pennsylvania wasn’t too far behind. And residents of neighboring states, such as Maryland, Washington, D.C., West Virginia, New York, and Delaware could easily cross the border to place online sports bets.
Now that online sports betting has been legalized in New York and Washington, D.C., some experts feared that Pennsylvania sports betting revenue would drop. If residents of highly populated cities of New York and D.C. no longer needed to cross the border to place bets, would neighboring states see a dip in their own revenue?
One of the major reasons to legalize online sports betting in states that neighbor others where online sports betting is already legal is to prevent tax dollars from heading to other states.
It doesn’t appear that New York legalizing online sports betting has hurt Pennsylvania sports betting revenue at all. Only time will tell if we continue to see these numbers in the future.