New York senate explores legal sports betting possibilities

New York state senators heard from sports betting stakeholders on how the state should best pursue a legal sports betting market.

Wednesday saw the New York Senate Standing Committee on Racing, Gaming and Wagering hold an informational hearing into “the potential of sports betting in New York State.”

States like New York are frantically trying to prepare the ground in case the US Supreme Court chooses to overturn the federal sports betting prohibition, while other stakeholders are keen to ensure they have a seat at the table when legal sports betting commences.

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