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NY Leg WebsiteJUSTIFICATION:In 2021, as part of the enacted...

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    NY Leg Website
    JUSTIFICATION:
    In 2021, as part of the enacted budget, New York State authorized the
    Gaming Commission to license mobile sports wagering operators. Those
    licenses have since been awarded to entities that are going to be tasked
    with offering gaming opportunities that will lead to the best financial
    opportunities for the state of New York. As the law is written, a
    wagerer would not be able to place a fixed odds bet through a mobile
    sports wagering operator on a horse race. This legislation would enable
    mobile sports wagering providers to offer that opportunity, should they
    so choose, but only if they enter into an agreement with the horse
    racing content provider. Additionally, this legislation would create
    additional opportunities for affiliated organizations to offer opportu-
    nities to participate in this gaming activity
    . These changes are

    expected to result in billions of dollars of tax revenue for the State
    of New York.

    EFFECTIVE DATE:
    This act shall take effect on the ninetieth day.
 
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