We are absolutely delighted to welcome on board both Senator Joseph P. Addabbo, Jr. and Assemblyman J. Gary Pretlow to this year's Sports Betting USA investment and regulation forum.
If you're serious about getting the right intelligence on the future for your industry, then it doesn't come any better than direct from the mouths of legislative giants like these.
Senator Addabbo Jr. and Assemblyman Gary Pretlow will be providing the welcome address on Tuesday, November 5 from 9.15am, synopsis below:
Sports Betting: where do we stand with mobile?
With New York’s first sports betting lounges up and running, the first step towards widespread regulated sports betting in the iconic state have been taken. However, with sports betting currently only offered at upstate NY casinos, a significant distance away from New York City, there is growing pressure for sports betting to be made more accessible in the state.
In addition, with approximately 25% of New Jersey’s sports wagers coming from New York residents, proponents of mobile wagering have stressed the magnitude of the opportunity being missed. However, with concerns regarding the constitutionality of mobile sports betting in New York, as well as reservations regarding its potential social impact, the future of sports betting in the state remains unclear.
With additional venues including horse race tracks, OTB locations and casinos being considered as an alternative way of expanding sports betting in the state, this keynote will look to the future as the sports betting landscape in New York begins to take shape.
“It is an honor to be a part of the Sports Betting USA conference to celebrate the history we have made in New York State this year when it comes to sports betting. Although we have taken steps to bring sports betting to our upstate casinos, additional work is needed to allow accessible mobile sports betting in our state, which would allow New York to maximize the economic benefits, as well as address the illegal activity in our state and to increase educational funding and jobs.”
New York State Senator Joseph P. Addabbo, Jr.,
the Chair of the Senate Committee on Racing, Gaming and Wagering