Quoted

Apr 6, 2021

New York Mobile Sports-Betting Deal Growing Nearer Amid Budget Talks

Meanwhile, online gambling industry association iDEA Growth reaffirmed calls for the budget talks to result in a competitive sports betting model, citing the findings of a state-commissioned study by Spectrum Gaming Group released earlier this year.

“Spectrum Gaming concluded that a competitive environment that allowed consumers a choice would also build out the most robust industry – and tax base – for the state of New York,” said Jeff Ifrah, the group’s founder, in a statement.

“On behalf of iDEA Growth and its dozens of members in the gaming industry, we urge Governor Cuomo and the New York State legislature to enact legislation to ensure the creation of a competitive, regulated, sports betting market that will work for consumers, the New York state economy and bolster ailing New York state tax revenues.”