New York: Lawmaker to review sports betting revenue

Friday, December 16, 2022 3:01 PM
  • Steve Bittenbender , The Center Square

A New York state lawmaker will hold a hearing next week to learn how online sports betting has affected the state’s budget.

Assemblyman Gary Pretlow, D-Mount Vernon, announced the hearing would take place next Wednesday in Albany.

Mobile sports betting began in New York on Jan. 8. Nine operators received licenses through a competitive bidding process.

“As the first year of mobile sports wagering implementation comes to an end, the committee is interested in examining the overall economic impact that mobile sports wagering will have on the New York State Budget,” said Pretlow, who chairs the Assembly Standing Committee on Racing and Wagering.