New York State has legalized another “vice” which could be even harder to implement than the new recreational cannabis laws. The great bookies of Wellsville are rolling in the grave as the efficiencies in fingertip gambling are sure to take a large piece of the action. Analysts say that about ninety percent of legal sports wagers are now placed via mobile app.
Mobile sports betting will provide almost instant revenue to the state, both officials and gamblers have the beginning of the NFL season in September in mind. State officials, gaming corporations, and various state tribal governments are already in dispute. The Oneida tribe has openly warned that tax payments from slot machines will be withheld if tribal governments are excluded from mobile betting.
Here is great article breaking down some of the specifics but also providing links for learning more about the wide world of mobile sports betting. Breaking: New York Online Sports Betting Is Approved With Gov. Cuomo’s Limited-Operator Model.
