- November 4, 2021 /
- Industry
Jay Snowden says New York is leaving operators no way to make money
Category: Industry
- October 26, 2021 /
- Industry
With online wagering not yet available in New York, many are making their way across state lines
- May 17, 2017 /
- Industry
New York State's Video Lottery Terminals set records for revenue in this past fiscal year, ending March 31. In fact, the state's VLTs recorded $2 billion in revenue, up 0.5 percent over last year’s record of $1.98 billion.
New York State took a step closer to legalized and regulated online poker on Tuesday. New York's Senate Finance Committee voted to send a bill seeking to legalize and regulate online poker in the state to the Senate floor.
New York is now being ranked one of the most gambling friendly states in the Union, but that doesn't exactly bring it any closer to passing online poker legislation this year.
Online poker legislation may hit a snag in New York, should it ever reach the Governor's office.
There's a long and storied history of gambling in the State of New York. However, it's clear the state's gaming industry, which now includes racetracks, Native American casinos, Racinos and commercial casino properties, did not take shape overnight.
New York State lawmakers have yet to pass legislation to legalize and regulate online poker in the state, but at least one branch of the government is including the measure in its latest budget proposals.
With momentum on the side of two separate yet identical poker bills on the floor of the Senate and Assembly in New York this year, the Poker Players Alliance says now is the time for New Yorkers to contact their local representatives and urge them to support the idea of licensed and regulated online poker across the state.
Online poker legislation has a champion in New York, and he just happens to be the State Assembly's Chairman of the Committee on Racing and Wagering.
