Asset 1

New York Is Getting Close to Legalizing Sports Betting-Albeit with a Catch

Publish: 27.06.2019

We have good news for all those who have been waiting for New York lawmakers to make sports betting a reality in the Empire State.

According to the latest information, online sports betting could become available in New York, in the near future, of course, if the latest gambling bill receives the necessary support. It should be pointed out that wagering on sports online would be available only to a few select venues.

Sport bar-canadascasinos

Affiliates and Non-Affiliates

If all goes through as planned, sports betting will be available to owners of  Madison Square Garden and Yankee Stadium, but not to the owners of Buffalo Bills and Buffalo Sabres.

Since the US Supreme Court repealed PASPA, back in May last year, effectively ending the federal ban on sports betting, a number of states have made this activity legal. However, despite efforts to introduce it to NewYork, a little progress have been made.

Recently, an article published by The Buffalo News revealed the new piece of legislation would enable “affiliates” to offer sports betting, along with the state’s four commercial casinos and a number of tribal facilities.

The bill defines an affiliate as an off-track betting racetrack or “andy professional sports stadium or arena in the state of New York”. However, an affiliate cannot be located in a county with a racetrack or off-track betting facility.

That’s the reason why but the owners of the Buffalo Bills and Buffalo Sabres, Terry and Kim Pegula, won’t be able to participate in online sports betting, or have a sports betting arrangement with a casino, as Erie County has both.

Is There Any Favouritism?

Since there is no racetrack or an OTB located in the Bronx, Yankee Stadium would be eligible to participate in online sports betting, while the same applies to Madison Square Garden, located in Manhattan.

Citi Field in Queens would not be able to set up a sports betting operation, as Queens has the Aqueduct Racetrack, a venue defined as an affiliate by the new bill.

Commenting on the new bill and its provisions, Pegula Sports and Entertainment, the company behind several sports ventures, including the Sabres and the Bills stated the bill didn’t offer the same advantages to Western New York sports fans as it did to the fans who attended professional sports events in other parts of the state.

The company pointed out it was absolutely committed to ensuring that the fans had the same in-venue experiences as all other fans across the state of New York.

The proposal itself has been stuck in the legislature for the last couple of weeks, while the changes were made in order to get it moving. The sponsors of the bill wanted to appease opponents of the bill, and to try to find common ground before this year’s legislative session comes to an end on June 19.

The Empire State lawmakers need to act quickly, as punters have been flocking to neighbouring New Jersey, which has already made both land-based and online gambling legal.

Resources