A bill that would bring a multitude of changes to the current sports betting landscape has been introduced to the New York Senate.
Sen. Joe Addabbo proposed Senate Bill S1962 as the state continues to maximize its potential in the gambling market. Under the framework of his bill, New York would have at least 14 online operators up and running by the end of January 2024, and no less than 16 by the same time a year later. There would also be a tax cut for operators.
A similar bill, introduced by Assemblyman Gary Pretlow last legislative session, failed to garner the necessary support. However, that has not deterred Addabbo from seeking change to the existing laws.