License Name
New York State Casino and Sports Wagering License
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Issuing Country/Region
United States, New York
Regulatory Body
New York State Gaming Commission
Types of Regulated Games
Commercial casinos, mobile sports wagering, table games, slot machines, sports betting
Market Coverage
Local (New York State)
Regulator's Reputation
Very Good
Legal Entity Requirements
Entity must reach agreement or have a contract/letter of intent with a licensed gaming facility/operator
Minimum Share Capital
[Information not found in publicly available sources]
Directors and Shareholders Requirements
Background checks, disclosure forms, criminal history required for key personnel
Anti-Money Laundering (AML) Requirements
Mandatory AML program including internal policies, appointed compliance officer, independent audits, staff training, recordkeeping under state and federal law
Data Protection Requirements
[Information not found in publicly available sources]
Reporting Requirements
Annual compliance finding statement on Commission form, operational and financial reporting
Audit Requirements
Independent internal/external compliance audit required for AML program
Software Certification Requirements
Gaming software and equipment must be tested and certified by authorized labs (e.g., GLI)
RNG Certification
RNGs must be tested and certified as part of platform approval
Payment System Requirements
[Information not found in publicly available sources]
Server Location Requirements
Mobile sports wagers must be transmitted to and accepted by equipment located at a licensed commercial casino facility
Domain Name Requirements
[Information not found in publicly available sources]
Language Support Requirements
[Information not found in publicly available sources]
Currency Support Requirements
USD only
Legal Compliance Costs
$1 million application fee; $500 million license fee for downstate casinos; $25 million fee for mobile betting platforms
Background Checks
Criminal, financial, and personal background checks for key employees, directors, shareholders
License Scope Restrictions
No wagering on New York college sports events or high school events
Jurisdictional Tax Compliance
51% tax on mobile sports wagering revenue
Player Data Storage Requirements
[Information not found in publicly available sources]
Cross-Border Operations
Operations restricted to New York State; all online sports bets must be taken via in-state casino servers
License Application Transparency
Community Advisory Committees assess local sentiment for casino applications before award
Regulatory Contact Point
New York State Gaming Commission
Compliance Officer Requirement
Designation of an AML compliance officer; name filed with Commission
Local Partnership Requirements
Mobile betting operators must partner with licensed commercial casino facility
Legal Dispute Resolution
[Information not found in publicly available sources]
License Transferability
[Information not found in publicly available sources]
Sub-Licensing Rules
[Information not found in publicly available sources]
License Cost
Casino license: $500 million (downstate); Mobile sports betting platform: $25 million
Annual Fees
Slot/table fees ($750 per unit Zone 1, $500 per unit Zone 2, pro-rata for new units); $2.5 million annual fee to land-based partner for mobile sportsbook
Income Taxes
51% tax on mobile sports betting GGR
Player Winnings Taxes
[Information not found in publicly available sources]
Financial Guarantees
$500 million minimum capital investment for downstate casino license
Liquidity Requirements
Casino and sportsbook operators must demonstrate financial stability and maintain reserves sufficient to cover wagers
Financial Reporting Requirements
Operational and financial reports as mandated by the Commission
Application Processing Time
Bids due by announced deadlines (example: June 27, 2025); licenses aim to be issued by year-end
Required Documents
Business plan, personal history and disclosure forms, financial statements, proof of compliance, background/fingerprint checks
Business Plan Requirements
Required for casino and sports betting license applications
Internal Policy Requirements
AML, responsible gaming, operational compliance policies required
Testing Requirements
Independent software/platform certification required (e.g., GLI)
Certification Requirements
Platform, RNG, and gaming device certification mandatory
Staff Qualifications
Key employees must complete personal disclosure, background, and suitability checks
Physical Office Requirements
[Information not found in publicly available sources]
Local Representative Requirements
[Information not found in publicly available sources]
Marketing Restrictions
Cannot target minors or self-excluded players, must comply with NYSGC responsible gaming messaging guidelines
Responsible Gaming Measures
Mandatory, including self-exclusion, staff training in problem gambling signs, reporting to OASAS, and annual impact reports
Self-Exclusion System
Statewide voluntary exclusion system; self-excluded players can opt-in for support calls
Age Verification Procedures
Strict prohibition on wagering by persons under 21; KYC required
KYC Procedures
Applicants must submit personal disclosure; operators must follow identity verification mandates
Customer Support Standards
[Information not found in publicly available sources]
Complaint Handling Procedures
[Information not found in publicly available sources]
Player Funds Protection
[Information not found in publicly available sources]
Payout Timelines
[Information not found in publicly available sources]
Bonus and Promotion Regulations
Promotions may not target minors or self-excluded individuals; must be transparent
Permitted Games List
Table games, slot machines, live dealer, sports betting; no online casino gaming
Betting Limits
Set by operator house rules approved by NYSGC
RTP Requirements
[Information not found in publicly available sources]
Jackpot Regulations
[Information not found in publicly available sources]
Live Game Requirements
Allowed in licensed facilities
Mobile App Compliance
Mobile sports wagering platforms must be certified and comply with state technical rules
Affiliate Program Rules
[Information not found in publicly available sources]
Security Standards
[Information not found in publicly available sources]
Encryption Requirements
[Information not found in publicly available sources]
Backup Requirements
[Information not found in publicly available sources]
Monitoring Systems
Annual reporting requirements and commission oversight
Operation Logging
[Information not found in publicly available sources]
Anti-Fraud Systems
[Information not found in publicly available sources]
API Integration Standards
[Information not found in publicly available sources]
Hosting Requirements
Servers for mobile wagering must be within licensed casino facilities in NY
CDN Usage
[Information not found in publicly available sources]
Scalability Requirements
[Information not found in publicly available sources]
Uptime Requirements
[Information not found in publicly available sources]
Technical Support Availability
[Information not found in publicly available sources]
License Duration
10–30 years depending on investment and license type
Renewal Procedure
[Information not found in publicly available sources]
Penalties for Non-Compliance
Notices of violation may be issued; license may be suspended or revoked for breach of terms
Ownership Change Rules
Must notify commission of material changes
Mergers and Acquisitions Rules
[Information not found in publicly available sources]
Subcontractor Regulations
[Information not found in publicly available sources]
Branding Requirements
[Information not found in publicly available sources]
Intellectual Property Protection
[Information not found in publicly available sources]
Dispute Arbitration
[Information not found in publicly available sources]
Insurance Requirements
[Information not found in publicly available sources]
Charity Contributions
$5 million for youth sports; $6 million for problem gambling
Staff Training Requirements
Responsible gambling, AML, and compliance training required
Innovation Support
[Information not found in publicly available sources]
Sustainability Initiatives
[Information not found in publicly available sources]
Accessibility Standards
[Information not found in publicly available sources]
Multilingual Support
[Information not found in publicly available sources]
Cryptocurrency Support
[Information not found in publicly available sources]
Esports Betting Regulations
[Information not found in publicly available sources]
Fantasy Sports Regulations
Interactive Fantasy Sports (IFS) operators must register and comply with separate NYSGC requirements
Official Address
New York State Gaming Commission, PO Box 7500, Schenectady, NY 12301-7500
Postal Address
PO Box 7500, Schenectady, NY 12301-7500
Departments
Compliance, Licensing, Responsible Gambling, Financial Reporting, Enforcement
FAQ Question 1
What is New York State Casino and Sports Wagering License?
FAQ Answer 1
The New York State Casino and Sports Wagering License authorizes the operation of commercial casinos and regulated sports betting within New York State. It covers both land-based gaming and online/mobile sports wagering under strict state regulations, ensuring fair play, consumer protection, and responsible gambling practices.
FAQ Question 2
Which jurisdiction issues New York State Casino and Sports Wagering License?
FAQ Answer 2
This license is issued by the New York State Gaming Commission, the state agency responsible for regulating all legal gaming activities in New York, including casinos, sports wagering, horse racing, and lottery operations.
FAQ Question 3
What is the cost of obtaining New York State Casino and Sports Wagering License?
FAQ Answer 3
For mobile sports wagering, the state requires a $25 million one-time license fee per operator, along with a revenue-sharing agreement that typically involves a high tax rate on gross gaming revenue. For commercial casino licenses, application fees can reach $1 million or more, with additional capital investment requirements, annual licensing fees, and ongoing compliance costs. Vendor and service provider licenses carry smaller but mandatory application and renewal fees.
FAQ Question 4
What are the main requirements for New York State Casino and Sports Wagering License?
FAQ Answer 4
Key requirements include submitting a detailed application, undergoing extensive background checks for all owners and key personnel, demonstrating financial stability and proof of funding, securing an approved location, and meeting facility and technology standards. Licensees must also comply with strict operational rules, responsible gambling programs, anti-money laundering controls, and regular reporting and auditing obligations as set by the New York State Gaming Commission.