February 18, 2022 · Legislation sports betting

Yankee Stadium Could Have On-Site Sports Betting, Should New York Gaming Law Pass

Yankee Stadium could experience self-service standalone sports betting kiosks if a young bit of gaming statute law gains favour among New York state lawmakers.

New House of York Senate Bill 7536A seeks to permit licensed sportsbooks to partner with pro sports stadiums to place sports betting kiosks privileged the facilities. The legislating nem con passed the Senate Racing, Gaming, and Wagering Committee this calendar week past a 7-0 vote.

SB7536A has since been moved to the Senate Finance Committee. Should it clear absolute majority living there, the legislation would head word to the chamber base for consideration.

State Sen. Joseph Addabbo (D-Queens) authored the legislation seeking to expand sports betting inwards New York. Current natural law limits retail sports wagering to upstate commercial and tribal casinos. Mobile wagering is also operational as of lowest month.

In-Stadium Availability

Addabbo says allowing stadiums to merged sports betting kiosks into their facilities makes sense. He argues that since nomadic betting is already permitted privileged the venues, providing potential gamblers in the flesh(p) options without needing to download and register with an app simply appeases variable consumer preferences.

Addabbo’s sports betting enlargement note would to boot grant oddsmakers to submit non-pari-mutuel sue on horse races. The New House of York senator says the statute would cater a more comprehensive sports betting offering.

If someone on one of our apps tin can wager on the Nets, Knicks, and Rangers, and also Equus caballus racing at Saratoga [Race Course], it will throw the New House of York consumer a better product,” Addabbo told Elite Sports NY.

As currently written, SB7536A would reserve professional person sports stadiums and arenas, as considerably as automobile racing facilities and pureblood Equus caballus racetracks, to house sports betting kiosks.

Venues preponderantly used for richly school or collegial sports would follow prohibited from the sports betting expansion.

Affiliate arena agreements with licensed sportsbooks must live sanctioned past the New House of York State Gaming Commission. Finally, Addabbo’s eyeshade requires a six-month waiting stop after SB7536A’s signing into law of nature before in-stadium kiosks could start operating.

The Yankees and other New York pro sports teams get uttered interest group inwards bringing sports betting kiosks to their rest home stadiums.

Torrid Start

Legal sports betting inwards New House of York commenced inward July of 2019, but sportsbooks were reserved for upstate casinos. Online trading operations — the preferred method of wagering inwards states that permit it — began only if in conclusion month.

With oddsmakers at present accepting activeness o'er the internet, New York’s gaming industry has quickly claimed the title of respect of the largest sports betting land inwards the US. Nearly $2 billion was wagered on sports in the number 1 30 years of New York oddsmakers running online books.

New York’s stadiums are some of the most-attended venues inwards US pro sports. In pre-pandemic 2019, to a greater extent than 3.3 zillion fans entered Northerner Stadium. Citi Field, place of the Mets, welcomed over 2.4 one thousand thousand fans.

The NBA New York Knicks embraced to a greater extent than 779,000 fans. The New House of York Rangers catered to some 619,000 people, and the NBA Brooklyn Nets saw around 613,000 spectators.

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