New Yorkers can now place bets on sports on the internet starting January 8, 2022.
Four main operators have received licenses for mobile betting,
which allows them to offer their services in different ways.
The online gambling industry is governed by many rules and regulations.
For instance in the US there is no way to establish gambling websites that are located in the country where you reside.
However, it could be established elsewhere.
Gambling online has become increasingly popular in the past decade.
In 1996, there were only fifteen websites. In 1997 there were more than 200 websites.
According to Frost & Sullivan, online gambling had generated $830 million in revenue in 1998.