New York Senator Backs Sports Betting Expansion, Eyes Online Casino Next

New York Senator Backs Sports Betting Expansion, Eyes Online Casino Next

New York sports betting

Sen. Joe Addabbo believes that there is a great deal of work that can be done about the sports betting industry in the state of New York, so his mission is not quite finished yet. The senator is also pushing for the legalization of online casinos and online poker in the Big Apple. 

The senator thinks that the Empire State, which already has one of the strictest taxes on gambling and betting, has a lot more to gain from the sector’s growth.

Sen. Addabbo has said that online sportsbooks should let people bet on horse races with odds that have already been set.

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Addabbo discusses additional betting options in New York.

Another suggestion is to put self-service kiosks at famous sports venues such as stadiums and arenas where people go to watch or participate in sporting events. This should give the state an extra boost in the future and help it make the most money possible from sports betting.

Sen. Addabbo has been a vocal proponent of gambling legalization, and he was one of the primary proponents of allowing people to wager on sports online for many years before it was officially legalized in 2021.

Now, the senator’s bill, known as S 2343, wants to see more done for the state, as he seeks to raise more funds through the taxation of sports and by boosting interest in and accessibility to these options for residents of the state, visitors to the state, and sports fans. He also hopes to increase the amount of money the state receives from the federal government.

Making Some New Improvements for the Establishment of the Market

The bill outlines which locations can be part of a so-called affiliate agreement where the self-service kiosks can be installed. Some of these locations include automobile racing facilities, thoroughbred racing corporations, licensed tracks, off-track betting facilities, and other similar establishments.

Addabbo is open to approving improvements that would improve the product for customers and draw more attention to the game among players. According to him, money is still moving out of New Jersey, which is where some bettors may choose to travel in order to place their wagers.

A Supporter of Gambling Even Though the State Continues to Find Ways to Obstruct It

In the state of New York, Senator Addabbo has been the most outspoken supporter of legalizing and liberalizing gambling. He has argued for both of these policies. He has spent years advocating for legal reforms, but they have not been successful. He has found trustworthy allies among many of his fellow lawmakers, but there is rarely sufficient majority support to back a transformative change.

However, his most notable achievement was the passage of legislation that made it possible for New York to begin offering betting on sporting events. Sen. Addabbo has been a strong supporter of a model for how gambling should be handled in the state of New York that is different from the model of a state monopoly that was first proposed by former Governor Andrew Cuomo.

Recently, he has been discussing the newly-planned casinos in the state of New York, as well as the possible economic benefits that casinos will bring to the Empire State once they open their doors. Sen. Addabbo has also vehemently advocated for the introduction of online casinos and online poker, arguing that the Empire State continues to lose tax dollars to offshore and illegitimate operators in the absence of regulated markets. Sen. Addabbo has also fought hard for the legalization of online casinos and online poker. 

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About Lou De Aguila

Lou Aguila is a news and feature writer for Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time.