Six Months In, New York Is Rewriting The Rules Of Sports Betting Revenue
Six months into operation, New York sports betting is reaping big benefits from its one-off approach to online sports betting taxation.
A New York native, Eric Ramsey serves as a data analyst for PlayNY. He has worked with the site and the entire network of Play-branded sites since 2017.
Eric began as a reporter for Legal Sports Report before becoming the managing editor for Online Poker Report. His background is rooted in the poker world, as he formerly wrote for PokerNews and the World Poker Tour.
Prior to assuming the data analyst role, Eric regularly reported on the legislative process of states to legalize sports betting. By tracking hundreds of bills across the country, by listening to hours of legislative testimony, Eric has evolved into one of the leading analysts for legal sports betting and gambling in the US.
His work has been cited in a number of industry, local and national publications and referenced by scholars and policymakers.
Six months into operation, New York sports betting is reaping big benefits from its one-off approach to online sports betting taxation.
The NY Court of Appeals announced Tuesday that it will take on a case regarding the legality of DFS that began in 2016.
Local teams are fully off the board with New York sports betting, as regulators appear to be taking a more restrictive approach than necessary.
The model New York is adopting for online sports betting isn't what anyone wished for, but it might be the best way for the state to profit.
NY sports betting didn't reach the finish line this year, but there's a new, legal option just across the border at Meadowlands Racetrack in New Jersey.
Racetrack casino Batavia Downs is not cleared for a sports betting license yet, but it is gearing up in favor of a favorable Supreme Court ruling enabling wagering in the Empire State.