New York Assemblymember J. Gary Pretlow and Sen. Both bills would allow for 14 online operators, likely including major players such as DraftKings and FanDuel. Those bills also included expanded retail operations, including sports betting kiosks at stadiums, arenas and off-track betting facilities. Or, in the worst-case scenario, what would be the single largest sports betting market by handle could remain sidelined for another year.
Sports Betting. Best Books. Legal Online Sports Betting. Ryan Butler. Download App. Read now. The must-have app for sports bettors. Custom scoreboard for your bets. Free picks from experts. Live odds for every game. Download Now. Top Offers. Follow Us On Social. The Commission will also require any entity operating mobile wagering apps include safeguards against abuses and addiction.
Cuomo is changing his stance on online sports betting in NY yet again. First, he announced that he would make mobile sports betting a policy priority with the intent to run it through the New York State Lottery. The puzzling plan was scrapped almost immediately in favor of a single operator that was under the umbrella of the State Gaming Commission. Now, Gov. Cuomo is once again tweaking his roadmap for online sports betting. This is fantastic news for consumers.
Opening up the market increases competition and provides more options for bettors. And perhaps the most encouraging aspect of this development is the fact that Gov. Cuomo continues to be flexible. He will need to work with legislators and stakeholders to create a system that works for everyone. A single-source platform could yield the state massive amounts in tax revenue, but it would come at the expense of jobs and consumer choice.
State lawmakers immediately drafted identical legislation in the two houses of the state legislature that would allow for up to 14 skins statewide. Assemblymember J. Gary Pretlow introduced this legislation into the Assembly. Meanwhile, Senator Joseph Addabbo Jr. Even with this new tidbit of information, there is still a laundry list of questions that need to be answered. What happens to the horse racing industry with Gov.
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