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Headquartered in nearby New Jersey, BetMGM Sportsbook first launched in New York on Jan. 17, 2022 — a little more than a week after the state debuted online sports betting on Jan. 8.
It has since become one of the state’s biggest sportsbooks, partnering with the New York Knicks and Rangers. That’s an impressive feat considering New York boasts numerous sportsbooks and is the nation’s No. 1 state in sports betting revenue, per the American Gaming Association.
Is BetMGM Legal in New York?
Yes, BetMGM is legal in New York. It debuted in the state at the beginning of 2022 on Jan. 17, nine days after online sports betting went live there.
BetMGM wasn’t the first online sportsbook to launch in New York. BetRivers, FanDuel and DraftKings had previously launched on Jan. 8.
Since then, other sportsbooks like Fanatics and Bally Bet have joined in as well, giving the state a robust sports betting market.
BetMGM New York Promotion
Like most sportsbooks, BetMGM has a competitive welcome offer for new users in the Empire State.
Sportsbooks give welcome bonuses to new customers to encourage them to sign up and create an account. Customers can then use the bonus bets to wager on different markets and explore the sportsbook.
Sportsbooks also have offers for existing customers like profit boosts and no-sweat parlays, but they are not as generous as the welcome offers for first-time users.
| Category | Description |
|---|---|
| Offer | Get up to $1,500 in bonus bets if your first wager loses |
| Promo Code | FORBES |
| Requirements | New users only, 21+ and in eligible state |
| Eligible Bet Types | All bet types |
| Availability | AZ, CO, DC, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, NC, OH, PA, PR, TN, VA, WV, WY |
| Offer Expires | Feb. 10, 2025 |
| Apple Store Score | 4.8/5 |
| Google Play Store Score | 4.3/5 |
| Date Verified | Dec. 4, 2024 |
| Claim Bonus |  |
Does BetMGM Have a Retail Presence in New York?
BetMGM doesn’t have a physical sportsbook in New York, but it does have a retail sportsbook in Atlantic City in neighboring New Jersey. BetMGM also has its headquarters in New Jersey, making it one of the region’s most recognizable sportsbook brands.
New York is friendly to retail sportsbooks with several physical sportsbooks and casinos, so it’s surprising that BetMGM doesn’t have a retail location there given its proximity. Fortunately, Atlantic City isn’t too far if New Yorkers want to wager in person.
In the meantime, New York bettors can only wager through BetMGM online.
Photo by G Fiume/Getty Images
Frequently Asked Questions (FAQs)
Can you use BetMGM in New York if you’re just visiting?
Yes, you do not need to be a resident of New York to use BetMGM there. You just need to be physically present within the state’s borders and 21 or older to wager on BetMGM.
Like most online sportsbooks, BetMGM has a geolocation tool to verify your location. If you’re not in a legal sports betting state or under the legal betting age, you won’t be able to use BetMGM.
What are some bet types on BetMGM New York?
BetMGM offers a wide variety of sports bets in New York, featuring one of the most extensive betting menus of any sportsbook.
It has standard betting markets like moneyline, spread and Over/Under. Beyond that, it offers plentiful prop bets, futures, alternative lines and more.
BetMGM also allows you to easily combine multiple wagers into parlays and same-game parlays if you want to make a riskier bet with a higher payout.
What are some deposit methods at BetMGM New York?
In New York, BetMGM users can choose from a variety of deposit methods to fund their sportsbook accounts.
- Credit/debit cards
- PayPal
- Online banking
- Venmo
- ACH transfer
- BetMGM Play+
- Apple Pay
- PayNearMe
- Wire transfer
All are safe ways to deposit money in your sports betting account, so users can choose whichever one is most comfortable and convenient for them.
Is BetMGM the best sportsbook in New York?
It’s one of the best. New York is one of the biggest betting states in America, and BetMGM routinely ranks among the state’s leaders in both betting handle and participation.
BetMGM is one of the best sportsbooks in the country (not just New York) and is worth checking out if you haven’t already.
How We Evaluate Betting Promotions
While we don’t have a formal rating for sports betting promotional offers, we only write about consumer-friendly signup offers regarding the following criteria.
- Size of offer: Sports betting signup bonuses range from $100 to $1,500. The size is important, but it depends on the type of the offer. Regardless of size, a sports betting signup offer can give you some cushion for your first betting experience. Remember, these offers are one-time deals.
- Offer format: Most sportsbooks offer a so-called “bet & get” offer, where if you make a wager, you will receive so-called bonus bets. These wagers are in the form of site credit. Sometimes, your bet must win to claim the site credit. Other sportsbooks will offer a so-called free bet where you can get a refund in the form of site credit if your first wager loses. Both have their advantages.
- Time to receive site credit: It’s better if you receive your site credit immediately rather than having to wait 2-3 days. This can be relevant to your betting experience. However, all sportsbooks issue site credits in a timely manner.
- Odds requirement: It’s always better if the promotion doesn’t stipulate a minimum or maximum odds for your qualifying wager.
Some sportsbook signup offers are slightly better than others, but you can claim one new user offer at each sportsbook. You should claim each site’s offer if you want to try out multiple sports betting sites.
