Mobile sports betting legal in New York
Last week, the New York Gaming Commission licensed four gaming providers. These parties will be allowed to legally offer online sports betting since January 8, 2022. These are the gaming providers DraftKings, FanDuel, Rush Street and Caesars Sportsbook. Remarkably, the company Fanatics Sportsbook of American rapper Jay-Z is missing from the list of legal providers. In August 2021, the rapper is said to have submitted a license application to the New York gaming authority, however, the company's name does not appear.
Annual deposit limit
All players wishing to wager money on sports games must first go through a rigorous registration process. There will be what is known as a 'Know Your Costumer' check. Participants can deposit money using various US payment systems, as well as a credit card. However to protect the players, it is possible to deposit up to a maximum of $2,500 per year with a credit card. In the Netherlands, players must set their own limits and it is not possible to deposit with a credit card at a large number of parties. By the way, you should learn How win to cricket to bet here.
The gaming providers that received a license meet all the requirements of the New York Gaming Commission. About five applications were rejected, including those of Bally's Corporation and Wynn Bet. The five companies can reapply at a later date, but still need to make some improvements. The four approved 'Mobile Sports Wagering Operators' may immediately offer legal sports betting on the smartphone.
High gaming tax
Licensed operators must pay a 51% gambling tax on all revenues. Nowhere in the United States is the tax rate higher. In the Netherlands, since October 2021, the legal online casino must pay only 29% gambling tax.
Sports Betting in the Netherlands
It is possible for Dutch sports fans to bet legally since October 2021. Bets can be placed on dozens of sports at a few providers. Some well-known names are BetCity.nl, Bet365, Jack's Casino Online and TOTO Online. It is also possible to offer gambling via smartphone and/or tablet at legal bookmakers. In the Netherlands, this does not require an additional license.