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Volume 26 No. 207
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New York Sports Betting Hampered By No Online Wagering Options

New York's first legal sports bets were placed yesterday, but the state "still lags behind its neighbors because mobile wagering isn't allowed," according to Jimmy Vielkind of the WALL STREET JOURNAL. Unlike New Jersey, wagers in New York "cannot be placed on a computer or mobile device." They "must be placed in person at one of the state's four commercial casinos or at facilities run by the Mohawk, Seneca and Oneida Indian nations." New York Gov. Andrew Cuomo said that online betting "cannot be authorized with a new law," as it "requires a change to the State Constitution." But that process "cannot be completed" until '21 at the earliest (WALL STREET JOURNAL, 7/16). In Albany, David Lombardo writes the new revenue stream coming from sports betting is "expected to be a shot in the arm" for the four upstate casinos. Still, the venture is "likely to represent just a fraction of what would be possible if sports wagering was available online in New York or at additional facilities." Yesterday's opening was a "major victory for state lawmakers and industry officials who have been frustrated by the state's comparatively slow entry" into sports betting. New York State Sen. Joseph Addabbo is hoping that the state Legislature and Cuomo will "strike a deal in next year's budget allowing for mobile sports wagering." The issue "will be examined in a state study due later this year." Cuomo on Monday said that the information from the study will "guide future gambling policy decisions" (Albany TIMES UNION, 7/17).