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If New York Gets Online Gambling

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New York will hold a hearing about online poker in September — appearing to set the stage for the third straight year that an online gambling bill will appear in front of the legislature.

If and when New York regulates online gaming, what might the landscape look like?
For starters, setting the stage

The hearing in question — called by New York State Senator John Bonacic, the chairman of the Senate Racing, Gaming, and Wagering Committee — does not have a bill attached to it. It will be only exploratory in nature.

However, New York has been down this road before, as online poker has been the subject of bills in both 2014 and 2015, and little traction was gained either time.

The hope this time around is that all the stakeholders can have their say on legislation, before it is crafted, leading to some possible momentum for a bill.

One of the sticking points might be whether the “poker-only” language of the past is still Bonacic’s target, or whether online casino games will be included, as well. With online poker underperforming in New Jersey and Delaware, an iGaming bill in New York might need to allow casino games to have a chance.

But, if online poker and gambling does happen in the Empire State — and that’s a big if — here is how the market might shake out.

The following presumes that land-based operators would partner with online gaming operators, should an iGaming bill become law.



Read more: Examining Possible Online Gambling Partnerships In New York
Join: 2006/12/07 Messages: 29893
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Manne wrote:

New York will hold a hearing about online poker in September — appearing to set the stage for the third straight year that an online gambling bill will appear in front of the legislature.

If and when New York regulates online gaming, what might the landscape look like?
For starters, setting the stage

The hearing in question — called by New York State Senator John Bonacic, the chairman of the Senate Racing, Gaming, and Wagering Committee — does not have a bill attached to it. It will be only exploratory in nature.

However, New York has been down this road before, as online poker has been the subject of bills in both 2014 and 2015, and little traction was gained either time.

The hope this time around is that all the stakeholders can have their say on legislation, before it is crafted, leading to some possible momentum for a bill.

One of the sticking points might be whether the “poker-only” language of the past is still Bonacic’s target, or whether online casino games will be included, as well. With online poker underperforming in New Jersey and Delaware, an iGaming bill in New York might need to allow casino games to have a chance.

But, if online poker and gambling does happen in the Empire State — and that’s a big if — here is how the market might shake out.

The following presumes that land-based operators would partner with online gaming operators, should an iGaming bill become law.



Read more: Examining Possible Online Gambling Partnerships In New York

I really hope they will get It.
Join: 2008/12/18 Messages: 846
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David_1 wrote:

I really hope they will get It.

I would be very happy because more states would waking up.
Join: 2006/12/11 Messages: 1758
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mike1 wrote:

I would be very happy because more states would waking up.

It will be great if they will pass this rule. As of the moment all we need to do is to wait until we get the approval that most of us is waiting for.
Join: 2015/09/08 Messages: 8
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LaurenAlly wrote:

It will be great if they will pass this rule. As of the moment all we need to do is to wait until we get the approval that most of us is waiting for.

Positive thinking brings inner satisfaction, happiness, peace and better health. We all need to think positive. 😁
Join: 2006/12/07 Messages: 29893
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