..

Huge Double Dip for Leagues in This NY Mobile Sports Betting Bill

Written by:
Aaron Goldstein
Published on:
Aug/11/2020

Sports betting is legal in the Empire State, but few can place bets.  Currently, only land-based casinos operate sportsbooks in regions that are not easily accessible to most living in New York.


*No hidden fees.  Everything for $5 per player
*Accepts Amazon Cards, Gift cards, Bitcoin
*Open an account in less than a minute
*2 Week Free Trial
*Hundreds of leagues, live betting - 99.9% uptime
*Mobile platform available
*Live dealer casino
*Offices in Costa Rica, Expansion into Philippines
*Mandarin Chinese, 日本人の, 한국, Fillipino, việt
Click here to visit PricePerPlayer.com

A new bill is on the table that would allow for mobile sports wagering.

"Start spreading the news: New York could legalize online sports betting by Labor Day," tweeted out Mattew Kredell, Lead writer for Catena Media covering legislation and regulation of sports betting and online gambling.

But sports betting industry expert Joe Brennan, Jr. noticed one signficant flaw in this latest measure.  An insane 0.20% of the handle goes to the sports leagues.

PlayNY, the Catena Media New York affiliate arm, was among the first outlets to announce the news of a sports betting measure.  More specifically, Assemblyman Gary Pretlow tells PlayNY that he has a commitment from assembly leadership for NY online sports betting to be part of the revenue bill.

Pretlow indicated that the commitment came from Speaker Carl Heastie, who opted not to pursue a constitutional amendment bill by last week’s deadline.  Heastie had previously indicated an amendment to the state constitution would be required for any type of gambling expansion.

“I do have a commitment that, when we do the revenue enhancement bill, this will be part of it,” Pretlow said. “I wanted to do the constitutional amendment as a backup but they told me it wasn’t necessary.” 

PlayNY noted that the legislature is waiting to find out how much New York gets in a federal coronavirus relief package before beginning negotiations on the revenue bill.

New York Governor Andrew Cuomo had previously insisted a constitutional amendment would be required to allow for mobile sports betting in the state as gambling expansion is prohibited without such an amendement, and it is he who has the final say. 

“The bottom line is that, if we did a constitutional amendment, it’s throwing up the white flag that we’re not doing it this year,” sports betting proponent Sen. Joseph Addabbo Jr. said. “But I’ve warned people that, consequently, we need to do it without an amendment or it’s going to be another four years.”

Pretlow added that the revenue bill will not contain expedited downstate casinos, which the governor opposes.

The New York State Legislature suspended its session, effective April 2, 2020. Lawmakers resumed session activity on May 26, 2020. The legislature adjourned on June 10, 2020. 

- Aaron Goldstein, Gambling911.com

Gambling News

5 NFL Betting Tips to Keep Your Career Started

One of the most popular forms of sports betting nowadays is NFL betting. It's also one of the most lucrative, so many people tune in to the games to get entertained and win bets.

Super Bowl 57 Winning States, Blue and Red - Latest Odds

Super Bowl 57 Winning States, Blue and Red - Latest Odds

Of course, California with its three Super Bowl competitive teams and the reigning champion LA Rams was favored at +350 and pays $350 for every $100 bet.

GA Candidate for Governor Stacey Abrams: "It's time to Legalize Casino Gambling and Sports Betting"

GA Candidate for Governor Stacey Abrams: "It's time to Legalize Casino Gambling and Sports Betting"

Stacey Abrams is the 3-1 underdog to win against incumbent Republican Brian Kemp.

Last Winless NFL Team Betting Odds - 2022

Last Winless NFL Team Betting Odds - 2022

The Atlanta Falcons are favored to be the last team to win a game in the NFL this season.

No New Audits for Gamblers Making Under $400K

No New Audits for Gamblers Making Under $400K

Senate Majority Leader Chuck Schumer on CNN confirmed what White House press secretary Karine Jean-Pierre promised earlier in the day

Syndicate