New York Sports Gambling Bill Stalls After Budget Omission

TopUsBets.com

By Jake Perper

April 4th, 2019 - 8:00am

On March 18, New York Governor Andrew Cuomo said he didn’t want to allow sports betting on mobile devices, according to an Albany Times Union report.

At least for 2019, it looks like he will get his wish.

With the new fiscal year starting, according to the Buffalo News, New York left mobile sports betting out of the $175.5 billion state budget. This happened despite the argument that gambling would generate more revenue to help fund education and other important issues.

NY Betting Not Dead, Not Fast Either

This doesn’t completely rule out any future votes or legalization of legal online betting in the nation’s fourth-most populous state, but it certainly takes away a clear option that has been passed in many other states.

It also delays any chance of implementation of mobile sports betting for at least several more months.

On top of being a way to help pay for education, this legal sports betting plan was pitched as a way for government to lift its revenue – and keep its residents in state rather than see them travel to neighbor New Jersey to gamble their money away.

Like Cuomo, House leaders are also against this sports betting idea.

Furthermore, a lack of financial incentive has hurt sports betting’s odds in the Empire State. A generous estimate would see sports betting garner $90 million in revenue, which would be a tiny part of the state’s $175.5 billion budget passed on Monday.

’We’re … Letting Our Money Go Out of State”

“We’re sitting on the sidelines and letting our money go out of state,” Senator Joe Addabbo, a Democrat from Queens, told the New York Post. Addabbo is the lead chair of the racing, wagering and gaming committee.

A legalization bill has a deadline of June, when the legislative session ends. That means lawmakers still have to work through this bill and keep it afloat.

On Jan. 15, Addabbo introduced SB 1490, which states:

“Authorizes gambling on professional sporting events and athletic events sponsored by universities or colleges at betting facilities located at thoroughbred and harness racetracks operating in this state, in simulcast theaters operated by off-track betting corporations and in any constitutionally authorized casino facility; provides that the proceeds of such gambling be applied exclusively to or in aid or support of education.”

Possible Paths to NY Gaming Remain

This bill could be passed onto a vote before the chamber in a few weeks as it resides in the Senate Judiciary Committee. But again, Cuomo and his House leaders are largely against the implementation.

New Jersey has recorded more than $1.5 billion in total legal wagers since the Supreme Court struck down the federal ban last May, with an estimated 25 percent of that money coming from New York residents.

Also, neighboring Pennsylvania plans to launch its online sports betting market this year, as will Rhode Island at some point.

Would-be New York mobile sports bettors likely will have to wait until after the year is over to gain more traction.

TopUsBets.com
Written By
Jake Perper

Jake Perper covers gambling news for TopUSBets.com. He has been a sports writer for a decade, covering every level of sports.

He’s currently the lead scout for Prep Hoops Florida based out of Tampa, Florida and has covered the Chicago Bears for the... Read More

Jake Perper covers gambling news for TopUSBets.com. He has been a sports writer for a decade, covering every level of sports.

He’s currently the lead scout for Prep Hoops Florida...

.. Read More