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ALBANY - Long the province of bookies and Las Vegas casinos, Sports Betting could become legal in New York as soon as 2019. Casino operators,
horsemen and owners of video-lottery racinos are all hoping for a piece of the action.
“I think it will happen,” state Sen. John Bonacic, R-Middletown, said Wednesday after a hearing on the possibility of Sports Betting coming to the Empire State.
Bet on busy flights to casino
Lawmakers look to get Sports Betting in New York
Many observes expect the court will rule for New Jersey, which would mean that other states could also allow sports books,
or centers where people can place bets on professional or collegiate sports events.
In fact, if the court ruling, which could come this spring, broadened Sports Betting “we would come back as soon as possible,” said Bonacic,
who chairs the Senate Racing, Gaming and Wagering Committee.
Allowing sports bets, he added, would likely require a constitutional amendment. That would take nearly two years to complete, at the earliest.
“I think it will happen,” added state Sen. Leroy Comrie, D-Queens.
The selling point would be the tax revenue, which one participant at Wednesday’s hearing estimated could run $500 million annually.
ALBANY - Long the province of bookies and Las Vegas casinos, Sports Betting could become legal in New York as soon as 2019. Casino operators,
horsemen and owners of video-lottery racinos are all hoping for a piece of the action.
“I think it will happen,” state Sen. John Bonacic, R-Middletown, said Wednesday after a hearing on the possibility of Sports Betting coming to the Empire State.
Bet on busy flights to casino
Lawmakers look to get Sports Betting in New York
Many observes expect the court will rule for New Jersey, which would mean that other states could also allow sports books,
or centers where people can place bets on professional or collegiate sports events.
In fact, if the court ruling, which could come this spring, broadened Sports Betting “we would come back as soon as possible,” said Bonacic,
who chairs the Senate Racing, Gaming and Wagering Committee.
Allowing sports bets, he added, would likely require a constitutional amendment. That would take nearly two years to complete, at the earliest.
“I think it will happen,” added state Sen. Leroy Comrie, D-Queens.
The selling point would be the tax revenue, which one participant at Wednesday’s hearing estimated could run $500 million annually.
