{"id":489,"date":"2021-11-23T10:26:30","date_gmt":"2021-11-23T07:26:30","guid":{"rendered":"https:\/\/xxbet-company.com\/new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets\/"},"modified":"2021-11-23T10:26:30","modified_gmt":"2021-11-23T07:26:30","slug":"new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/pl\/new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets\/","title":{"rendered":"New York State Sen. Joseph Addabbo Bill Would Let Tracks, Stadiums Do Sports Bets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Spis tre\u015bci<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/pl\/new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets\/#Hub-and-Spoke_in_New_York\" title=\"\u2018Hub-and-Spoke\u2019 in New York?\">\u2018Hub-and-Spoke\u2019 in New York?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/pl\/new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets\/#Opportunity_for_Dialogue_on_Fixed-Odds_Racing\" title=\"Opportunity for \u2018Dialogue\u2019 on Fixed-Odds Racing\">Opportunity for \u2018Dialogue\u2019 on Fixed-Odds Racing<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/xxbet-company.com\/pl\/new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets\/#More_Gaming_Legislation_Proposed\" title=\"More Gaming Legislation Proposed\">More Gaming Legislation Proposed<\/a><\/li><\/ul><\/nav><\/div>\n<p class=\"NewNormal\">Sports betting in New York is getting ready to expand, thanks to the pending launch of mobile applications. But state Sen. Joseph Addabbo, D-Queens, is already looking to take another step and get the racetracks involved.<\/p>\n<figure aria-describedby=\"caption-attachment-192620\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-192620 lazyload\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4-142x75.jpg\" data-src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4-142x75.jpg\" alt=\"NY Aqueduct\" width=\"1200\" height=\"637\" data-srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4.jpg 810w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4-142x75.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4-768x408.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data- title=\"\"><img loading=\"lazy\" class=\"wp-image-192620\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4.jpg\" alt=\"NY Aqueduct\" width=\"1200\" height=\"637\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4.jpg 810w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4-142x75.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/11\/Aqu21_Scenic_810x430.d591d5ecfb0ffc5c0917ba2843346bc4-768x408.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><figcaption class=\"text-description\">Horses race on the turf course at Aqueduct Racecourse in Queens, NY. On Friday, state Sen. Joseph Addabbo filed legislation that would allow the state\u2019s racetracks and professional sports stadiums to offer sports betting kiosks for patrons. (Image: NYRA\/Coglianese Photo)<\/figcaption><\/figure>\n<p class=\"NewNormal\">On Friday, the chairman of the Senate Committee on Racing, Gaming, and Wagering filed <a href=\"https:\/\/www.nysenate.gov\/legislation\/bills\/2021\/s7536\" rel=\"nofollow noopener\" target=\"_blank\">Senate Bill S7536<\/a> for the upcoming session in January. It would allow the thoroughbred and harness racing tracks to serve as hosts for one of the recently approved mobile sports betting operators.<\/p>\n<p class=\"NewNormal\">Earlier this month, the New York State Gaming Commission awarded licenses to eight sports betting platform providers. Those providers will allow nine operators to launch their apps statewide.<\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"NewNormal\"><strong>It\u2019s ridiculous that our New Yorkers can\u2019t place a bet on mobile sports betting, and at the same time place a bet at the fifth race in Saratoga or what have you.\u201d<\/strong> Addabbo told Casino.org in an interview Thursday. <strong>\u201cIt would be just a natural marriage. It would just be a rational thought, once again, to combine those two.\u201d<\/strong><\/p>\n<\/blockquote>\n<p class=\"NewNormal\">Besides the tracks, Addabbo\u2019s bill would also allow off-track betting parlors and professional sports arenas and stadiums to serve as affiliates. The bill also says the video lottery terminal (VLT) operator at Aqueduct Racecourse in Queens could host kiosks.<\/p>\n<p class=\"NewNormal\">That unnamed operator is Resorts World, which the bill acknowledges will operate mobile wagering in the state. The bill, for now, does not give Empire City Casino in Yonkers a similar opportunity.<\/p>\n<p class=\"NewNormal\">MGM Resorts International, which operates the Empire City Casino, is not given the same opportunity in the bill even though it operates at Yonkers Raceway, a major harness racing venue. MGM\u2019s BetMGM also will serve as a sports betting operator.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hub-and-Spoke_in_New_York\"><\/span>\u2018Hub-and-Spoke\u2019 in New York?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Besides Resorts World and BetMGM, other operators approved by the Gaming Commission are FanDuel, DraftKings, Bally BET, Rush Street Interactive, Caesars Sportsbook, Wynn Interactive, and PointsBet.<\/p>\n<p>Under state law, the operators must work through platform providers that have servers based at an upstate casino resort.<\/p>\n<div class=\"callout\">\n<p class=\"NewNormal\">Addabbo\u2019s proposed concept appears to replicate the \u201chub-and-spoke\u201d concept the Seminole Tribe of Florida is implementing with pari-mutuel operators in The Sunshine State. While <a href=\"https:\/\/www.casino.org\/news\/florida-sports-betting-update-feds-say-compact-meets-igra-state-law\/\" rel=\"nofollow noopener\" target=\"_blank\">the plan is being challenged<\/a> in a federal court, Seminole Gaming has already announced the first five pari-mutuel partners. <a href=\"https:\/\/www.casino.org\/news\/hard-rocks-allen-parimutuel-interest-huge-in-florida-sports-betting\/\" rel=\"nofollow noopener\" target=\"_blank\">Jim Allen<\/a>, Seminole Gaming\u2019s CEO and the chairman of Hard Rock International, said there are many more interested in joining.<\/p>\n<\/div>\n<p class=\"NewNormal\">California Tribal gaming leaders are also considering <a href=\"https:\/\/www.casino.org\/news\/calif-tribes-seek-mobile-sports-betting-sportsbooks-start-petition-drive\/\" rel=\"nofollow noopener\" target=\"_blank\">a hub-and-spoke approach<\/a> to mobile sports betting as part of a measure they\u2019re proposing to put on the 2022 general election ballot. But the spokes in their model would be tribes that do not want to run an app of their own.<\/p>\n<h2 class=\"NewNormal\"><span class=\"ez-toc-section\" id=\"Opportunity_for_Dialogue_on_Fixed-Odds_Racing\"><\/span>Opportunity for \u2018Dialogue\u2019 on Fixed-Odds Racing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"NewNormal\">While sports betting is a fixed-odds proposition, horse racing is a pari-mutuel betting game. That means the odds may rise or fall before the event begins, and the 10-1 shot you bet on during the post parade may only go off at 5-1 depending on how many bettors got on the horse before post time.<\/p>\n<p class=\"NewNormal\">As sports betting has grown in the US in the three-plus years since the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA), some have called on horse racing to offer a fixed-odds product. Proponents say it would attract new bettors to the sport, something racing desperately needs. However, horsemen, whose livelihoods depend on the cut they receive from the pari-mutuel takeout, have raised concerns that the lower takeout fixed-odds product would torpedo the sport\u2019s traditional betting pools.<\/p>\n<p class=\"NewNormal\">New Jersey earlier this year passed a law that set up the legal framework for fixed-odds racing, and earlier this month, state officials approved the regulations. However, it\u2019s still uncertain when the first races will be available to bettors.<\/p>\n<p class=\"NewNormal\">Would fixed-odds be possible in New York? Addabbo told <em>Casino.org<\/em> that it\u2019s worth discussing.<\/p>\n<p class=\"NewNormal\"><strong>\u201cMaybe for win, place, and show, I would say minimally, we could possibly talk about it for that,\u201d <\/strong>the senator said.<strong> \u201cBut this is a great conversation to start with. We\u2019re going to hear concerns. OTBs may have concerns and the standardbreds\u2026 Every good piece of legislation starts with a conversation. Starts with a dialogue, and this is a great dialogue. (The bill is) trying to better the horse racing industry.\u201d<\/strong><\/p>\n<h2 class=\"NewNormal\"><span class=\"ez-toc-section\" id=\"More_Gaming_Legislation_Proposed\"><\/span>More Gaming Legislation Proposed<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"NewNormal\">The horse racing bill is the latest gaming-related initiative to come out of Albany. Earlier this week, Assemblymember Gary Pretlow, D-Mount Vernon, announced he and Addabbo have filed bills <a href=\"https:\/\/www.casino.org\/news\/new-york-lawmakers-want-licenses-for-downstate-casinos-next-year\/\" rel=\"nofollow noopener\" target=\"_blank\">that call on the state to issue two of the three downstate casino licenses<\/a> this upcoming year. That\u2019s instead of waiting until 2023, as according to the constitutional amendment New York voters approved in 2013.<\/p>\n<p class=\"NewNormal\">The Gaming Commission has a request for information solicitation and will accept submissions for the informal, non-binding request through Dec. 10.<\/p>\n<p class=\"NewNormal\">Pretlow made the announcement at a Wednesday rally held by a group of The Bronx and Westchester County business, labor, and civil leaders. All want to see the Empire City Casino in Yonkers get a full casino license. At the rally, he called on Gov. Kathy Hochul to support the measure, noting that her predecessor \u2013 ex-Gov. Andrew Cuomo \u2013 was an obstacle.<\/p>\n<p class=\"NewNormal\">A spokesperson for Hochul told <em>Casino.org<\/em> Friday that that the governor would review all legislation that reached her desk.<\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/addabbo-wants-new-york-tracks-stadiums-involved-in-sports-betting\/\" target=\"_blank\">New York State Sen. Joseph Addabbo Bill Would Let Tracks, Stadiums Do Sports Bets<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Sports betting in New York is getting ready to expand, thanks to the pending launch of mobile applications. But state Sen. Joseph Addabbo, D-Queens, is already looking to take another step and get the racetracks involved. Horses race on the turf course at Aqueduct Racecourse in Queens, NY. On Friday, state Sen. Joseph Addabbo filed <a href=\"https:\/\/xxbet-company.com\/pl\/new-york-state-sen-joseph-addabbo-bill-would-let-tracks-stadiums-do-sports-bets\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/posts\/489"}],"collection":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/comments?post=489"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/posts\/489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/media\/490"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/media?parent=489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/categories?post=489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/pl\/wp-json\/wp\/v2\/tags?post=489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}