{"id":8830,"date":"2018-06-22T19:13:14","date_gmt":"2018-06-22T19:13:14","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=8830"},"modified":"2018-06-24T16:50:18","modified_gmt":"2018-06-24T16:50:18","slug":"take-the-over-on-2018-for-legal-new-york-sports-betting","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/take-the-over-on-2018-for-legal-new-york-sports-betting\/","title":{"rendered":"Take The \u2018Over\u2019 On 2018 For Legal New York Sports Betting"},"content":{"rendered":"

Sports betting<\/strong> is a no-go in New York<\/strong>.<\/p>\n

The General Assembly<\/strong> adjourned Wednesday night, leaving piles of unfinished business on the table. Active NY sports betting bills failed to reach a vote<\/strong> in either chamber.<\/p>\n

Lawmakers had been working to broaden the 2013 act that authorized sports betting at the four commercial\u00a0NY casinos<\/strong>. The state\u2019s race tracks<\/strong> and off-track betting<\/strong> facilities seek inclusion, and tribal nations<\/strong> are pushing to have their voices heard, too.<\/p>\n

Barring a special session, however, a new law won\u2019t be in place until at least 2019<\/strong>.\u00a0Regulators now have to decide whether or not to move forward with what\u00a0limited pieces<\/strong> they have.<\/p>\n

NY sports betting runs out of steam<\/span><\/h2>\n

If we\u2019d been handicapping states a few months ago, NY would have been among the favorites<\/strong> to pass a new sports betting law. Committees dug deep early in the year, and key lawmakers had the wind at their backs throughout the spring.<\/p>\n

The most diligent efforts originated with the chairs of the gaming committee<\/strong> in each chamber.<\/p>\n

Sen. John Bonacic<\/strong> led the push, leaking a draft bill in February and introducing it in March. A couple of months later, Assm. Gary Pretlow<\/strong> introduced his own into the lower chamber. The US Supreme Court<\/strong> decision in May sparked some fresh urgency in the statehouse.<\/p>\n

Optimism grew as Bonacic and Pretlow modified their bills to match each other in June. Making the bills \u201csame-as\u201d versions seemed to be a precursor to expedited passage<\/strong>. Then the bills were amended together again during the final days, another indication of progress behind the scenes.<\/p>\n

It was much ado about nothing, though. Neither chamber reached a vote. The clock expired<\/strong> on Wednesday night, and lawmakers departed\u00a0Albany<\/strong> with sports betting unresolved<\/strong>.<\/p>\n

Close but no cigar for Pretlow, Bonacic<\/span><\/h2>\n

For all that momentum, there was never a clear sense<\/strong> that sports betting would get over the hump.<\/p>\n

The primary resistance came straight from Gov. Andrew Cuomo<\/strong>. The governor urged a methodical approach<\/strong> to legislation, and he proclaimed the efforts dead very early on.\u00a0Here\u2019s what Cuomo told capitol reporters in mid-May:<\/p>\n

We\u2019ll do an economic analysis and a legal analysis, but nothing\u2019s going to happen this year because there\u2019s literally just a number of days left in the legislative session and this would be a very big issue to tackle.<\/p><\/blockquote>\n

More than a month still remained in the session at that point, but alas. That is \u201ca number of days\u201d by definition. A spokesman for Assembly Speaker Carl Heastie<\/strong> indicated that Democratic members of the lower chamber had also raised \u201csignificant issues.\u201d<\/p>\n

By June, the bills were \u201con life support\u201d according to a source for Legal Sports Report<\/strong>.<\/p>\n

The Oneida Indian Nation<\/strong> expressed opposition, too. Although the nation has an appetite for sports betting at its three NY properties, it rejected the proposed framework. NY lawmakers employ extra caution when navigating gambling issues that could affect the tribal-state relationship<\/strong>.<\/p>\n

To make a long story short, there simply wasn\u2019t enough support<\/strong> to get sports betting onto the floor this session.<\/p>\n

A big loss for MLB, NBA<\/span><\/h2>\n

The death of NY sports betting bills could be seen as a big loss for the NBA<\/strong> and Major League Baseball<\/strong>, too.<\/p>\n

The two professional sports leagues spearheaded a lobbying effort at the state level, pushing lawmakers to adopt their preferred model<\/strong> for legislation. New York became the frontier in a months-long campaign through statehouses across the country.<\/p>\n

At a February hearing in Albany, the NBA offered support for state regulation<\/strong> for the very first time. It supports states, that is, provided they follow the league\u2019s proposed framework. That includes the payment of integrity fees<\/strong>, a controversial inclusion in the eyes of lawmakers and operators alike.<\/p>\n

While most states pushed back<\/strong> against league influence, however, NY lawmakers turned a listening ear.<\/p>\n

\u201cI do think they deserve something because they produce the product,\u201d Pretlow told ESPN<\/strong><\/a>. \u201cIt\u2019s better for me to have the support of the leagues rather than have them fighting me.\u201d<\/p>\n

Bonacic included a modified integrity fee in his bill \u2014 a quarter of a percent<\/strong> of every bet instead of the requested one percent. Pretlow introduced his bill with the same fee, though he called it a \u201croyalty fee<\/strong>\u201d. The Senate bill adopted the same language by amendment, and that \u201cother\u201d amendment reduced the rate to a fifth of a percent<\/strong> across both.<\/p>\n

It wasn\u2019t what the leagues asked for back in February, but it would have been something<\/strong>. It would have been more than they\u2019re receiving in any other state, that\u2019s for sure. No existing sports betting law in any state includes integrity fees.<\/p>\n

The NBA and MLB were banking on NY lawmakers to help them set a new, more favorable precedent<\/strong> in other states.<\/p>\n

Better luck next year?<\/span><\/h2>\n

By the time the legislature reconvenes, at least two (and possibly three) neighboring states will be generating tax revenue<\/strong> from sports betting.<\/p>\n

New Jersey<\/strong> sports betting went live in June, and plenty of New Yorkers are slipping across the border to place bets. Pennsylvania<\/strong> will launch later this year, and Connecticut<\/strong> lawmakers are considering a special session to revisit the topic this summer. Non-neighboring\u00a0West Virginia<\/strong>, Mississippi<\/strong>, and Rhode Island<\/strong> are also poised to launch sports betting this year.<\/p>\n

But not New York. Its only immediate path forward would involve a special session, which appears unlikely.\u00a0So how about next year?<\/p>\n

Prospects might be slightly better. For starters, MGM<\/strong> just purchased the Empire City Casino<\/strong> in Yonkers<\/strong>, looking to establish itself in the NY market. The group\u2019s appetite for (and experience in) sports betting may help move the needle a bit. The ongoing financial struggles<\/strong> of the upstate casinos add four more logs to that fire.<\/p>\n

The recess also gives stakeholders some time to get on the same page<\/strong>, maybe revisiting tribal compacts or continuing the negotiations with sports leagues. It\u2019s possible they all come back next year prepared to move forward together.<\/p>\n

Pencil NY sports betting down as small favorite<\/strong> for 2019.<\/p>\n

The post Take The \u2018Over\u2019 On 2018 For Legal New York Sports Betting appeared first on Play NY.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sports betting is a no-go in New York. 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