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…

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…

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…

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…

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…

An online poker bill in New York is back for the New Year, as State Senator Joseph Addabbo is pushing new efforts forward. The new bid to legalize online poker will also block any company involved in the US iGaming market after December 31, 2006. The newly-appointed chair of the Senate Racing, Gaming and Wagering Committee has filed Senate Bill 18, which aims to allow all those aged 21 and above to play poker online. S00018 looks to issue up to 11 online poker licenses, with only licensed video lottery gaming facilities and Class III (tribal) gaming licensees eligible. Each…