New York’s Opportunity to Pass Online Sports Betting Amidst COVID-19 Shutdown
The passage of online sports betting in New York seems to be a perfect opportunity to move forward. State Senator Joseph Addabbo Jr. is pushing a “Plan, Pass, and Prepare” strategy. It is aiming to have the governor sign the bill into law by December 31, 2020.
What Is in Store for New York With the Passage of Online Sports Betting Bill?
Once the bill is signed, New York has to “prepare” for the return of live sports. As well as prepare for the official launch of NY online sports betting. However, mobile sports betting in the state has been stalled previously. There will never be a better opportunity to pass a bill and ensure a smooth rollout.
Since there breaks in sports, it is a perfect opportunity to discuss the details for comprehensive, long-term mobile sports betting bill this session. And the state will be credible ready to go when the games come back.
In the current situation, online gambling is a safer alternative than walking into a sportsbook and place a bet physically. And most of the sporting events are with limited attendance to still prevent the spread of the virus.
Thus, online sports betting represents another way for fans as sports open place debate and connect to what they love.
What Effect Can it Cause New York?
With the neighboring states of New Jersey and Pennsylvania offering legal mobile sports betting, New York state is losing out. It is in terms of potential revenue as bettors will travel across state lines to place wagers. And in which who are not close to the borders might turn to illegal offshore books.
Online sports betting seems inevitable. Although COVID-19 caused damage to New Yorkers, it presents the state with an opportunity with Mobile sports betting. Besides, it would bring more money during a period. A time wherein the state is trying to bounce back from a global pandemic.