New York State might have to wait another year for the launch of mobile sports wagering within the borders of the state. Despite the strong push of supporters such as New York State Sen. Joseph Addabbo, the April 1 deadline for action was missed and the budget would not see a special language taking care of the expanded gaming offering.
The spring of 2018 witnessed the official overruling of PASPA, the regulation prohibiting wagering on sports events. With this move, the United States Supreme Court made it clear that every state has the freedom to make a decision and regulate its gambling field in the most appropriate manner.
Mobile Sports Betting
New Jersey is the closest rival to New York State, as the region is able to bring online gambling along with the in-person offerings it features. New York players tend to travel there for expanded functionalities and more convenient chances of winning big via betting on sports events online. Supporters of the gaming expansion in the New York region were eager to see a change, as they have been trying to greenlight online sports wagering ever since the summer of 2018.
The beginning of 2020 witnessed New York State Sen. Joseph Addabbo promise once again that this year is about to see more efforts in relation to the mobile alternative to in-person sports wagering. The deadline for these efforts was April 1, bringing the end of discussions surrounding the 2020 state budget. Gov. Andrew Cuomo is still convinced that the launch of mobile sports wagering would need a constitutional amendment.
The process is a lengthy one and it could not possibly happen by the end of this year. He is also concerned that the problem gambling rates across the state would surge once mobile sports wagering is legal. His decision appeared to be a confident one, despite the gaping US$6-billion hole in the state budget that could be supported by the additional gaming revenue coming from online sports wagering.
2021 Might See Expansion
Sen. Addabbo made it clear recently that the gaming industry within the borders of the state was dealt a blow now that brick-and-mortar casinos are closed for business. This includes both commercial and tribal venues minding the social distancing recommendations. Assemblyman Gary Pretlow is another supporter of the innovative move, pointing out that he would continue recommending the move.
This would be especially true now that the unprecedented situation is about to harm the revenue allocations flow. Sen. Addabbo is also convinced that the state would be seeking fresh revenue sources once life goes back to its normal pace and mobile sports wagering might be the solution needed. Along with the online expansion, two gaming halls are seeking their right to offer in-person sports wagering.
The last days of March witnessed the Yonkers City Council push a resolution seeking gaming expansion at MGM’s Empire City in Yonkers and Resorts World in Queens. The two locations were seeking more revenue sources, as well as an increase in the number of individuals making their way there. Along with that, Gov. Cuomo is also opposing a gaming expansion including the construction of three commercial venues ahead of 2023.
(No Ratings Yet)
Loading...