Cuomo, Lawmakers Far Apart on a Model for Online Betting
Cuomo, Lawmakers Far Apart on a Model for Online Betting By James Rutherford - ggbnews.com New York Governor Andrew Cuomo (l.) wants a single online betting vendor to pay a high tax rate in exchange for exclusivity. Market advocates say that’s counter-productive, and are pushing a bill that would allow up to 14 licenses. In New York, it’s no longer a question of whether sports wagering is going mobile. The question is how. Depending on the answer, it could amount to tens of millions of dollars annually—maybe more—for one of the largest potential betting markets in th...
Source: osga.com