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sabato 9 gennaio 2021

Governor Cuomo pushing to legalize mobile sports betting

NEW YORK - Earlier today, Governor Andrew M. Cuomo announced legislation to authorize mobile sports wagering as part of the 2021 State of the State. Under Governor Cuomo's proposal, the New York State Gaming Commission will issue a request for proposals to select and license a sports operator or platform to offer mobile sports wagering in New York. This operator or platform must have a partnership with one of the existing licensed commercial casinos. The Commission will also require any entity operating mobile wagering apps include safeguards against abuses and addiction. 

Governor Cuomo: "Yes, look, we're going to turn to Washington for compensation as crime victims, as I call it with a slight rhetorical flourish. But we're also going to do our part to raise revenue and two places where we can raise revenue - one is sports betting and I'm going to ask Rob to explain how we want to do sports betting. We want to do sports betting the way the State runs the lottery, Marcia, where the State gets the revenues. Many states have done sports betting but they basically allow casinos to run their own gambling operations. That makes a lot of money for casinos, but it makes minimal money for the state. I'm not here to make casinos a lot of money, I'm here to raise funds for the state. So, we have a different model for sports betting. And then recreational marijuana, I think this should've been passed years ago. I think too many people have been imprisoned, and incarcerated, and punished. Too many of those people are Black, Latino, and poor. It's exaggerated the injustice of the justice system. So, I've supported it for years. I've tried to pass it, but this is a year where we do need the funding, and a lot of New Yorkers are struggling. So, I think this year will give us the momentum to get it over the goal line. Rob, do you want to speak about sports betting though? Because there's a very big difference in the way we intend to do it."


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