NYS Mobile Sports Betting Law
NEW YORK STATE MOBILE SPORTS BETTING LAW
The United States Supreme Court struck down a federal law prohibiting most states from authorizing and regulating sports betting. While New York had already authorized in-person sports betting in the hopes that the federal law would be struck down, it made no allowances for mobile wagering even though the internet had become a much larger part of people's lives since casino gaming was first authorized in New York. Meanwhile, across the river, New Jersey immediately began offering mobile sports wagering and began to collect millions of dollars in tax revenue each month, a significant portion of which came from New Yorkers. The lack of mobile sports betting combined with the widespread availability of illegal offshore betting platforms meant that New York was leaving hundreds of millions of dollars in tax revenue on the table and that New York sports fans were unable to easily and legally wager on games in their own state.
In order to ensure that New Yorkers could place a mobile wager without having to leave the state, as well as keep more revenue in the State, the Parkside Group engaged in an aggressive government relations and stakeholder advocacy campaign on behalf of DraftKings, FanDuel, Major League Baseball, the National Basketball Association, the PGA, and Del Lago Casino. Engaging members of the state Legislature, working with the Governor’s office, and coordinating the overall campaign strategy, we were able to earn the support from a large majority of members in both houses and authorize mobile sports betting in New York, ensuring that New York remained a leader in newly developing technology, and that millions of sports fans across New York State can bet from the comfort of their living room.
Thanks to these efforts, our longtime clients, FanDuel and DraftKings were among the first companies licensed by New York regulators to offer mobile sports betting in the state.
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