Archives for March 19, 2019

Sports Betting in New York State

Sports bettingThis year, New Yorkers who want to be part of that action [March Madness] legally must still take their money to another state, with New Jersey the closest option. Next year, though, they should be able to place bets in New York, as the last of the state’s consequential bans on betting disappears. And this might be New York’s best chance to get gambling right and correct the mistakes of the past.

Over the decades, a step-by-step loosening of the state’s betting ban allowed lotteries, bingo, off-track betting, Indian casinos and slot-machine “racinos.” Then in 2013, the state constitution was amended to allow seven non-Indian casinos. The four approved for the Southern Tier and upstate have opened. Three more, in New York City and downstate, can be licensed and built starting in a few years. Those 2013 changes also approved on-site sports gambling for casinos, a bonus that didn’t pay off until last year, when the U.S. Supreme Court struck down a ban on sports betting in most states.

With Gov. Andrew M. Cuomo …