New York Mobile Sports Betting Pushed by Governor

Sure, you can bet on sports in the Empire State… but only in person at a brick & mortar casinos. Now New York mobile sports betting has the support of the Governor’s office… if only that were enough. Casino gambling was passed many years ago after it was determined that the activity is allowed under the New York Constitution. Some would argue that since sports betting takes place at state casinos, it would be a simple matter to allow online or mobile betting. But it’s not that simple. You see, the gambling is permissible under the constitution at “…no more…

Governor Supports New York Online Sports Betting

Players in the Empire State have been able to place wagers on sporting events at land based casinos, but New York online sports betting has so far remained elusive despite repeated attempts to regulate it. However, Governor Andrew Cuomo recently indicated that he is open to legalizing mobile sports wagers in his state. He mentioned the topic while discussing the state’s financial $17 billion deficit, caused in part by the Coronavirus pandemic. New Jersey has emerged as the leader in sports betting with a handle of over $930 million just in November. If the activity were regulated in New York…

New York Mobile Sports Betting

Online Sports Betting in New York Resurfaces

The fight over online sports betting in New York has been raging for the past several years. Now, it’s back again. Lawmakers in the state are hoping that a looming budget deficit and falling revenues may finally help regulate internet sports bets. State Senator Joseph Addabbo and Assemblyman J. Gary Pretlow have been long time advocates of the activity, and have now hinted that online wagering legislation could pass out of the legislature before the end of the year. “My colleagues know that we need the money and there will be revenue deficiencies next year compared to this year, so…

Fantasy Sports are gambling

Betting on Sports in New York Edges Closer

New York sports betting is getting closer to reality, as the state Senate Racing, Gaming and Wagering Committee has unanimously voted to advance a bill that would legalize in-person and mobile gambling in the state. Introduced in January by Senator Joseph Addabbo, Senate Bill 17 passed the Committee by a vote of 6-0 and will now progress forward to the Senate Finance Committee for further debate. Should the bill come into law, there would be two different tax rates for the type of bets placed in New York. casinos that secure a license would pay tax at 8.5% on gross…

Fantasy Sports are gambling

New York Sports Betting Moves Forward Without Mobile

New York sports betting plans do not include mobile bets for the state’s 2020 budget. However, legislators have included a number of reforms and initiatives for other forms of gambling. Agreed upon by Governor Andrew Cuomo and legislative leaders in the state, the budget sets out spending plans for $175.5bn (£134.6bn/€156.7bn) for the next 12 months. However, the approved budget does not include any language related to mobile sports betting, despite Senator Joseph Addabbo’s efforts to have it included in the final document. New York sports betting plans will still move forward with regulate in-person wagering, with preliminary talks on…

Fantasy Sports are gambling

New York Gaming Commission Green Lights Sports Betting Regulations

The New York Gaming Commission on Monday approved a set of proposed sports betting regulations for four existing upstate casinos, potentially setting the stage for the launch of legalized sports gambling in the Empire State. The comprehensive regulations address a wide range of gaming issues from tax and compliance requirements to sports pool licensing guidelines, as well as broad wagering restrictions. The main takeaway from Monday’s meeting, however, centers on a provision that was not discussed. The regulations do not include any guidelines for mobile sports betting, a subject that has garnered intense debate within the state as New York…

Fantasy Sports are gambling

New York Sports Betting Bill Back for 2019

The state Gaming Commission will meet to discuss a New York sports betting bill for land-based casinos on January 28, 2019. An agenda published ahead of the meeting states that the Commission will look at proposed rules for regulating the industry. The Commission did not go into detail as to what it will specifically focus on at the meeting, but it will be the first time that the regulatory body will officially discuss potential rules and regulations for the vertical. A 2013 constitutional amendment gave the state’s casinos the right to launch sports betting should the Professional and Amateur Sports Act…

Fantasy Sports are gambling

Governor Wants Legal New York Sports Betting

New York Governor Cuomo wants 2019 to be special. In fact, he wants this to be the year of legal New York sports betting. “Let’s authorize sports betting in the upstate casinos,” Cuomo said Tuesday early in his State of the State address. “It’s here. It’s a reality, and it will generate activity in those casinos.” New York passed a 2013 law that authorized four upstate casinos to offer in-person sports betting, if permitted by federal law. Then, in May of 2018, the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act… the federal statute which restricted…