New York Challenges Federal Sports Betting Laws

Published Thursday, January 05, 2017 - Online-Casinos.com
New York Challenges Federal Sports Betting Laws

There could be lots of trouble for horse racing in the USA if something isn’t done quickly to help with attendance at the track. In the Empire state New York there are few horse racing venues surviving that are lobbying the government of the state to change the laws regarding single-game sports wagering outside of Nevada sports betting establishments. The reason for the challenge to the existing regulations is to ease the plight of racetracks in New York and possibly beyond. A bill will be introduced next month that would legalize NY sports betting similar to the same challenge New Jersey presented in the US Supreme Court. The suit did not go well and now New Jersey is appealing that negative decision.

The chairperson for the NY Assembly’s Racing and Wagering Committee, J. Gary Pretlow, plans to introduce the issue of sports betting in the statehouse. Pretlow also headed an effort to legalize daily fantasy sports in New York, which ended with state approving a law in 2016. The federal sports betting prohibition (PASPA) on sports betting seems unfair federally it is an old law that seems unjust.  Online gambling has been legalized in New Jersey and has been working relatively well New York has recently approved a new list of commercial casino licenses.

Horse racing is suffering all over the planet with different methods being applied to save the ‘sport of kings’. It may not appear that horse racing is in trouble in the U.K. by the nearly 6 million people attending more than 1,400 race meetings last year and an annual betting turnover of £10 billion ($15 billion), according to the British Horseracing Authority. There to help increase the number of punters, the BHA intends to boost media coverage and sponsorship in an attempt to reverse negative trends in the betting sector mobile online betting is growing.

 

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