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NY Sports Betting Going Nowhere, As Gaming Commission Spins Wheels

NY sports betting spinning wheels There hasn’t been a substantial update on the timeline in a while, and today was no exception. Acting Executive Director Ron Ochrym said his staff “continues to work on regulations that would effectuate sports gambling under existing statutory language.” That’s been the default update since May . Some of the outstanding items Ochrym highlighted are curious, though: There are, however, a number of thorny policy [inaudible] that staff have been considering, including whether the existing law should be read so as to authorize mobile wagering without new statutory enactments. And if so, whether to limit the number of skins available, and whether commercial casinos should be required to subscribe or access official league data for resolution of proposition wagers. Staff is likely to engage stakeholders and seek[…] industry comment. We want to make certain that the regulations, when proposed, make sense. There’s nothing wrong with taking a measured approach to crafting regulations. The perceived advantage of being among the first states to offer sports betting is likely overblown. It’s far more important to do it right. But why are regulators putting so many hurdles in front of themselves? It’s confusing to hear that the commission is still trying to decipher mobile wagering.

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