New York is one of several states currently examining the issue of online poker regulation. Nevada, Delaware and New Jersey are presently the only states offering legal online poker in the United States.
It is likely that New York will take a path to regulation similar to that of other states. This means that online poker will only be legal within state boundaries and will be offering in partnership with brick and mortar casino operators.
Online poker sites in a regulated marketplace must meet certain requirements in order to become licensed. The first being that they must be able to electronically locate you within state borders. This is also known as geolocation.
Sites must also be able to properly identify new player identities and verify that they are not part of any exclusion or black lists. Finally, player funds must be completely segregated from casino operation funds in order to ensure that players will be able to cash out when ready.
We estimate that New York will be able to support between three and four online poker sites once the game is regulated. Our estimates are based on performance of online poker in others states, especially New Jersey.
The operators listed below are the sites that are most likely to apply for a license once the game is regulated. It is not meant to be a comprehensive list, but rather a preview of what players can expect once online poker is legalized in New York
WSOP.com is America’s #1 legal online poker room and is among the operators expected to spread online poker once it is regulated in New York. Caesars Entertainment presently does not operate in New York, so it is unknown at this time which NY casino the site will partner with.
WSOP NY is expected to offer some of the highest limits in online cash games as well as the largest guarantees in online poker tournaments. Players will also have the opportunity to win their way into live events such as the WSOP Circuit and the World Series of Poker Main Event.
888 Poker NY
Once iPoker is regulated in New York, expect 888 Holdings to apply for a license. 888 presently operates in every regulated state in the U.S. Players can expect either a standalone site or perhaps a network of sites through the All-American Poker Network.
888 Poker NY will provide a sold spread of cash games and online poker tournaments. They presently offer over $175,000 in weekly guarantees, including the Big Sunday that offers a $30,000 guarantee. In addition, new players enjoy generous welcome benefits, including $10 in free play.
If PokerStars is permitted to apply for a license in New York, they will quickly become the top online poker site in the state. PokerStars’ reputation is legendary as they are the top global online poker site with hundreds of thousands of players daily.
PokerStars NY will offer the most complete online poker experience out of all NY online poker sites with the best cash games and the most lucrative tournaments. Their promotions are expected to exceed all others, including a generous $20 welcome bonus to new players.
Keep in mind that if NY iPoker legislation includes a “bad actor clause,” then it will be difficult for PokerStars to become licensed. Otherwise, there should be few roadblocks stopping PokerStars from operating in New York.