'It’s a lost opportunity of $2 billion a year.” Legal online casino gambling and gaming will involve signing up with licensed and regulated gambling sites and making real-money deposits. “Every year we don't do iGaming, we lose a billion dollars to regulated states such as New Jersey and Pennsylvania and another billion on revenue,' Addabbo Jr. In addition to tax revenue, this also would bring more jobs to the state. If approved, it would make table games including slots and blackjack available to New York online bettors. The Senate's Committee on Racing, Gaming and Wagering, which Addabbo heads, has the bill. has introduced Senate Bill S4856, which amends the racing, pari-mutuel wagering and breeding law, in relation to interactive gaming. The next step in online betting growth – and tax revenue growth – is to legalize iGaming in New York.
New York sports betting went live in January 2022 and is bringing in millions of dollars in tax revenue to New York State. Can You Play Casino Games Online In New York?
