Sports betting

New York introduces sports betting bill

Bill S7900 calls for 10.5% tax on GGR and 0.25% integrity fee for the leagues

The New York Senate has introduced a new bill that would legalize sports betting at the state’s race tracks, casinos and off-track betting parlours. Bill S7900 was filed yesterday by gambling expansion advocate Senator John Bonacic who chairs the Senate Racing, Gaming and Wagering Committee. The legislation calls for effective tax rate of 10.5% of gross gaming…

New York | Sports betting