Bill will allow online betting for horse racing and betting kiosks in stadiums – archyde

We’re still a month or two away from launching New York online sports betting, but a New York lawmaker is already preparing to expand sports betting opportunities in the state.

Senator Joseph P. Addabbo Jr. tabled a bill for the state’s upcoming legislature in January to bring horse racing to the online sports betting arena, an action item he believed would be high on his list for the next state budget.

“If someone can bet on the Nets, Knicks, Rangers, any team, and even horse races in Saratoga on one of our apps, it will provide the New York consumer with a better product. I think the integration of horse racing into mobile betting will be a very high priority for me, ”Addabbo said BEFORE ESNY.

New York sports betting kiosks also a reality?

Senate Act S7536 aims to enable the nine qualified sports betting providers to place horse racing bets via their mobile apps.

In addition, the bill enables sports betting providers to work with “selected partners” to install self-service betting kiosks on their premises for customers.

If passed, the law would require sports bettors to place a fixed-odds bet on a horse race through one of the nine online operators. The operator would have to enter into a partnership and agreement with a provider of content for horse racing.

The bill would also enable select New York partners to work with a qualified sports betting provider to offer self-service betting kiosks on their premises. The bill defines an affiliate as any off-track betting company, professional sports stadium or arena, franchise company, or licensed racing circuit.

The bill expressly states that the operator of the video lottery terminal on the Aqueduct Racetrack can also offer betting kiosks.

The kiosks would belong to, operate and maintain sports betting. Customers could place money bets at these kiosks without having to register a sports betting account.

“These changes are expected to generate billions in tax revenue for New York State,” the bill said.

Reference-www.nach-welt.com

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