Tag: New York
Sen. Joe Addabbo has filed Bill S4856 seeking to legalize online casino in New York. Most notably, the tax rate proposed by Addabbo sits at 30.5% which is comfortably lower than the 51% tax on sports betting GGR. The bill uses the state’s online sports betting legalization as an example of the benefits to the […]
New York legislators have heard from FanDuel president Christian Genetski and DraftKings CEO Jason Robins who both warned that New York’s staggering online sports betting tax rate will cause a shift in operational model should it not be lowered moving forward. January 31st 2023 saw a joint hearing with the New York Senate and Assembly’s […]
New York State Assemblyman J. Gary Pretlow has introduced Bill A01380 that seeks to legalize online poker in New York. This marks the fifth consecutive Legislative Session, spanning 10 years, that Pretlow has submitted a bill for the reclassification of online poker to a game of skill, thus making it legal to play online. Online sports […]