New York Joins Booming Mobile Sports Betting Market
The $212 billion New York state budget passed in recent days includes the legalization of mobile sports betting. Governor Andrew Cuomo says it could generate up to $500 million in tax revenue a year. Part of that is winning back mobile sports betting business from neighboring New Jersey. The Gaming Commission is expected to issue sports betting licenses this year. David Schwartz of The University of Nevada Las Vegas studies gambling and casinos, and he previously served as Director of the Center for Gaming Research at UNLV. He spoke with WAMC’s Ian Pickus.