New York announced its budget for fiscal year 2022 on Tuesday, and it includes legal online sports betting. The Empire State’s plan will be more restrictive than most, however, as the state will control the action rather than allow private casinos to run the games. State will control online sports […]
A bid to include horse racing in New York’s mobile sports wagering law didn’t make it into the final draft agreed upon by state legislators and New York Gov. Andrew Cuomo. The mobile sports wagering agreement, which will become part of a state budget plan, allows online wagering on college […]
New York appears ready to finally legalize online sports betting within its borders, but critics warn the state’s approach won’t be great for consumers. With the state facing an $8.7 billion deficit brought on by the COVID-19 pandemic, Gov. Andrew Cuomo softened his stance on online wagering. He plans to […]
Several gambling stocks saw notable increases in share price this week after New York Gov. Andrew Cuomo said he’s OK with legalizing online sports betting in his state to help make up a budget shortfall. Cuomo has long been an opponent of allowing online sports betting, but New York is […]
In an about-face brought on by a projected $15 billion revenue shortfall, New York Gov. Andrew Cuomo is making swift legalization of online sports gambling in the state a centerpiece of his administration. Cuomo, formerly an opponent of online sports gambling in New York, hinted that the key to regaining […]
A New York assemblyman says the state’s next revenue bill will include an online sports betting component, which could see a vote before the end of the year. Assemblyman Gary Pretlow told PlayNY that Assembly Speaker Carl Heastie solidified his commitment to include online sports betting in a revenue bill […]
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