NY’s Gaming Commission Will Vote on Sports Betting Very Soon
A restricted version of sports betting could be headed to New York this year. This coming Monday, the New York Gaming Commission will vote on a proposed set of rules that will dictate the regulation, enforcement, and taxation on sports betting in the state. As written, the rules are pretty similar to many other states where sports betting has been legalized. There will be no betting allowed on any New York college teams, and there will be no online sports betting allowed.
Other Potential Betting Options
At the same time, New York’s legislature is looking at a new bill that would allow online betting under certain circumstances. Since this session is less than two weeks from ending, it’s unknown if this bill will make it any further before June 19th rolls around.
On Thursday, the two legislators leading the charge to legalize sports gambling in New York introduced some new amendments to their bills, which will expand potential sports gambling locations within the state. Senator Joseph Addabbo and Assemblyman Gary Pretlow added changes that would allow sports betting to be carried out at kiosks at off-track betting parlors (OTB) at the racetracks run by the New York Racing Association. According to the amendment, they would be allowed to open as soon as the full-service casinos open their own sportsbooks. Sports arenas and the state’s racinos would be allowed to offer sports betting at a later time.
If Governor Andrew Cuomo doesn’t change his mind on the legality of mobile servers located on casino properties, this bill isn’t going to make it any farther.
The Gaming Commission’s Rules
With the rules that the Gaming Commission plans to consider on Monday, sports betting can still take effect even if legislature takes no action.
The four commercial casinos that will be allowed to offer sportsbooks under the rules are Del Lago Resort and Casino, Resorts World Catskills, Rivers Casino and Resort, and Tioga Downs. Some of these casinos already have sportsbook lounges under construction in anticipation.
As for the Oneida Nation, it has already started building its lounges that will be located in the Point Place Casino in Bridgeport and the big Turning Stone Resort Casino in Verona. Later on, it will also open a sportsbook in the Yellow Brick Road Casino in Chittenango. Two other tribes, the Mohawks and the Senecas, are still debating whether to offer sports lounges or not.
If the Commission approves its rules without making any more amendments, it will still take time for them to review licenses, issue new licenses, and get everything going. It is possible that some of the sports lounges could be up and running by the time football season starts.
Sports Betting in the United States
In May of last year, when the Supreme Court decided to overturn PASPA (a federal ban on sports betting outside of Nevada), the states all got the right to set up their own legislation, regulations, and taxation systems for sports gambling. Since then, Pennsylvania, New Jersey, Rhode Island, West Virginia, Delaware, New Mexico, and Mississippi have all legalized sports betting. Seven states have recently passed bills supporting sports betting, and many more are working on passing bills to legalize sports gambling.
New York has often been considered by many industry insiders as a state well behind the times and the movement. Will the “Empire State” get with the changing times and join the other states that are already enjoying the fruits of this industry?
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