Ah, how fondly we remember when New York mobile sports betting was passed way back in April. And then, the delays started to mount. Now, as we near the end of the year, the application process drags on. One has to wonder if the delay could have anything to do with the monstrous 50% tax rate the state plans to implement. However, the State Gaming Commission maintains that they will narrow the list of applicants to a few finalists before mid-December… so that can’t be it. Still, the Commission did publish their “request for applications” for mobile wagering providers back…

After much delay and political fighting, New York online sports betting was finally signed into law by Governor Andrew Cuomo. Now, the real work begins. The goal is to have online and mobile sports bets fully regulated in time to let residents bet on the next Super Bowl. That means writing the rules, processing applications, and launching within nine months. Once applications for running a web based sports book are submitted, the Gambling Commission will have 150 days to process them and select just two providers. Requests to submit applications to the state will come no later than July 1st,…

The new budget for the 2022 fiscal year includes plans for New York mobile sports betting. The announcement came as the state legislature and Governor agreed on an arrangement that could allow four online sports books to be operating in the state as soon as September. The New York Lottery would issue licenses to two mobile betting operators, and they would subcontract licenses to a total of four operators. The state will become the most populous to legalize mobile sports betting, and estimates are it will creating a revenue stream of $500 million a year. The governor also promised that…

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…

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…

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…