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Gambling in the USA

New York budget omits mobile betting

Published

6 years ago

on


New York budget omits mobile betting
Reading Time: < 1 minute

 

The state government of New York has opted to leave mobile sports betting out from the budget and removed it from the state budget.

The sports betting segment had already been approved back in January as the New York State Gaming Commission voted to approve its regulation in the state’s four private casinos. However, the mobile vertical was excluded due to the opposition from Governor Andrew Cuomo and got omitted from the state budget.

Senator Joseph Addabbo, an advocate of mobile sports betting, warned: “We’re sitting on the sidelines and letting our money go out of state.”

He says the segment would generate up to US$90 million through taxation and licence fees, but only if it gets approved.

Sports wagering would be allowed at the four privately-owned non-Indian-owned casinos. The commission only allowed sports betting at casinos, for which they must set up special lounges. Unlike New Jersey’s stance, no online or mobile bets will be legalised.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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