Summary: Sports betting regulation is in the works in New York, but without mobile wagering, which might harm the industry.
Over the past few months, sports betting legislation has been popping up across the United States. State after state is either discussing the option or working on legislation. In New York, sports betting has been under discussion for a very long time. The first phase of regulation has now began but mobile betting is not included. This may not be the smartest decision for the state as mobile wagering is desired by gamblers, something that players want to see when they make sports bets.
The New York State Gaming Commission has now provided a preliminary approval for rules involving ports betting as well as regulations. With the approval, the four casinos located in the upstate region of the state will be able to offer sports betting with regulations to follow.
What’s to Come?
The commission has six members and the topic of regulations was not discussed within the group before the proposed rules and regulations were voted upon. The information will now start a public comment period that will last 60 days. Once this time frame is done, the commission will be able to give their final approval.
The proposal has thirty-three pages and was provided to the public via Legal Sports Report. The draft includes information on how the licensing application process will be completed along with requirements for operations, wagering types and more. The goal of the info is to get the casinos in operation with sports betting as soon as possible. The facilities that will be able to offer services includes the Tioga Downs Casino, Resorts World Catskills, Del Lago Resort & Casino as well as the Rivers Casino & Resort Schenectady.
What Wasn’t Included?
With the information, there were some areas that were left out of the rules and regulations. A major component was mobile wagering. The proposed rules does not include mobile wagering. During the reading of the regulations, it was made known that the rules remain within the scope of activities that were authorized by legislature.
In 2013, sports betting was authorized and approved for the casinos but not racinos in the state or off-track betting sites. Mobile apps is also not included.
The regulations also do not cover an integrity fee. This has been a major point of contention over the past few months. Sports leagues want to be paid a small fee as they feel the money would help them to better ensure gaming integrity. So far, states have not included this fee and New York is one such state. Leagues are already supposed to ensure gaming integrity and the fee is not something that states feel they should provide, especially since leagues are already responsible for integrity.
It was expected that New York would be one of the first states to offer sports betting in the United States when the Supreme Court ruled to overturn PASPA back in May. The state already had the law on the books so only the final steps needed to be completed once this federal ruling was made. However, the state has lagged behind a bit and several others have gotten started before them including neighbor New Jersey, West Virginia, Mississippi and other states.
The commission in New York was silent as these other states got started. It is believed that the commission was taking a wait and see approach before they began working to get the industry started. Hopefully now it is go time and the state will be among the next to begin offering this wagering option.