Senator Joseph Addabbo’s bill to authorise online sports betting in New York gained unanimous support from the Senate Racing, Gaming and Wagering Committee Monday.
Senator Addabbo’s bill would allow the state’s commercial and tribal casinos to partner with an agent to offer internet-based sports betting to players in New York.
Mobile or internet-based sports betting would be taxed at a rate of 12 per cent of gross revenue compared to 8.5 per cent for retail betting, and [...]