


The possibility of legalizing online gaming is back on the table in New York.
Following the success of mobile sports betting, state Sen. Joseph Addabbo (D-Queens) has reintroduced legislation to allow remote bets on casino staples like blackjack, poker and craps.
“It’s a good bill,” State Senate Gaming Committee Chair Joe Addabbo told NY1 Friday night. “We got a lot of input from a lot of individuals, but it’s a starting point. It’s a starting point where I’m hoping that we can have these kinds of discussions during the budget process.”
Addabbo said “iGaming” and “iLottery,” which is also included in his proposal, projects to generate roughly $1 billion annually.
Addabbo’s 2023 version of the bill failed to reach the state’s current fiscal budget for consideration. State Assemblyman Gary Pretlow (D-Mount Vernon) is reportedly expected to introduce an Assembly version of the new bill at a later date.
Addabbo said much of the regional iGaming market is going to neighboring states like New Jersey and Pennsylvania where it’s already legal. He said with a potential 30.5% tax rate and $2 million licensing fee, his proposal could be help New York deal with projected deficits.