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New York approves online advanced deposit wagering

9th December 2010 8:33 am GMT

In an effort to minimise the impact of the closure of the New York City Off -Track Betting Corporation and prevent the migration of online bettors to offshore unregulated operators, the New York State Racing and Wagering Board has approved an immediate rule change allowing for advanced deposit wagering accounts to be processed on the internet.

The rule change was one of several new emergency measures announced by board chairman John D Sabini yesterday which are [...]

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