Addabbo renews fight for NY mobile betting in 2020

New York state senator Joseph P. Addabbo, Jr., the chairman of the Senate Standing Committee on Racing, Gaming and Wagering, continued his push for legal online betting in the state in response to Governor Andrew Cuomo’s 2020 State of the State message. Addabbo said that, given New York’s significant budget deficit, an expansion of betting would provide the state with much-needed revenue. “As we go into a very difficult fiscal year, facing a state budget deficit of more than $6 billion, and working on many initiatives mentioned in the governor’s State of the State, I look forward to working with Governor Cuomo and my legislative colleagues to identify new sources of revenue to help close the budget gap, revitalize our economy, support local families and businesses, increase educational funding and continue to provide vital services to New Yorkers in need,” Addabbo said. “First and foremost, to address these issues, I will continue to advocate for the implementation of mobile sports betting in New York State, which will curb the flow of dollars to nearby states, that could be used – now and in the future – to balance the state budget and provide needed funding support for education and create jobs.” Read more on iGB North America