![]() In-person wagering on the outcomes of sports events is currently possible at a handful of commercial casinos. The first legal retail sportsbooks arrived in New York in the summer of 2019, shortly after the fall of the statewide ban on sports betting. Commercial and tribal gambling operations collectively fetch over $2 billion in annual tax revenue to the state treasury, with most of the money going toward various education programs and local governments. Various legal forms of gambling are available to the residents of the Empire State, including commercial and tribal casinos, state-sanctioned lotteries, pari-mutuel wagering on horse races, video gaming terminals, and charitable bingo. New York belongs to the second category, showing little leniency toward gambling operations on its territory. As each state has a unique history and relationship with gambling, it is unsurprising the related statutes are very lenient in some places and extremely stringent in others. Gambling in the US, be it in the form of commercial casino gaming, sports wagering, or lotteries, is regulated at a state level.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |