- Recent Legislation Passed
- Recent Changes To Gambling Legislation Texas
- Recent Changes To Gambling Legislation Act
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The governor of New York and other legislators have chosen to remove mobile sports betting from the state’s 2020 budget. It’s a controversial move that many residents in the state are disagreeing with. Mobile gambling in New York remains illegal. Will this ever change?
Recent Legislation Passed
There are a number of reasons why lawmakers in the state have chosen to pass on mobile gaming. We’re going to break down Governor’s Cuomo decision in-depth and discuss the ramifications it may have on the state’s revenue.
New York’s Recent Changes to Gambling Laws
New York has implemented some of the strictest gambling laws in the country. The state banned nearly all forms of land-based gambling for many years. In 2003, the state government began allowing Native American tribes to offer traditional casino games such as blackjack and poker.
Tribal casinos were the only legal gambling options here until 2013. That year, New York made an amendment to the state constitution that allows for commercial, “Vegas-style” casinos to begin operating. There are many privately-run commercial casinos now operating in New York, the majority of which are located in the Upstate area.
Gambling revenue in the state failed to hit revenue projections. As a result, Anthony Cuomo decided to legalize sports betting inside casinos earlier this year. Hope is that a legal sports betting market will stop so many New Yorkers from placing their wagers in New Jersey.
Within a few months of legalizing land-based sports betting, certain lawmakers began pushing for mobile gambling in New York. States such as New Jersey are profiting massively from this industry. Unfortunately, Cuomo has removed mobile sports betting from the state’s budget.
Why is Cuomo Against Mobile Gambling in New York?
Legislators in New York have agreed on the new fiscal budget. As of now, this budget allows for $175.5 billion to be spent over the next 12 months. It does not allow for the state to begin allowing mobile sports betting.
The biggest hold up is Governor Cuomo. He believes that legalized mobile betting would require an amendment to the state constitution. Cuomo also believes the state would not profit as much as some think it will with mobile betting.
He claims the state would earn $13 million annually from mobile betting. Most analysts agree that figure is significantly less than what New York will actually earn. For his part, Cuomo is proud of the new budget the state has agreed on. “This is the best budget that has been produced since I’ve been governor,” he claimed this past weekend.
A number of state officials in New York are less than pleased. Democrat Joe Addabbo, in particular, is making his disapproval known by stating, “We’re sitting on the sidelines and letting our money go out of state.” He’s referring to New Jersey, which is profiting massively from online sports betting operations.
New Jersey Continues to Thrive in Sports Betting Market
Recent Changes To Gambling Legislation Texas
While certain New York lawmakers are angry at Cuomo’s decision, casinos in the state of New Jersey are celebrating. Jersey is earning more than ever before in gambling revenue. Since 2016, the gambling industry here grown by more than 50%.
It’s well-known that many New Yorkers make the trip to New Jersey in order to place sporting bets. Mobile sports betting apps are geo-targeted, allowing anyone within the state’s borders to place wagers. A short trip across the Bayonne Bridge allows anyone in New York to bet on their favorite sports legally.
Mobile sports betting in New York is still possible, albeit barely. If lawmakers come to some kind of agreement in the next few months, this state may still offer an amendment to the constitution.
There are a number of fantastic US online sports betting sites that will still accept players from New York. Many of these sites offer a wide range of betting odds across all major US sports.
Recent Changes To Gambling Legislation Act
Do you think mobile gambling in New York will ever pass? Why is Cuomo so against this industry? Let us know what you think in the comment section below!
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