New York State Officials Give Preliminary Approval for Sports Betting Regulations

In New York State, sports betting is one step closer to become a reality at the commercial casinos in the upstate region thanks to a recent decision by the gaming commission. The group have given their preliminary approval for regulations covering the new industry. The rules are released just a few weeks after Governor Andrew Cuomo decided to push the group to pass the regulations for the betting option.

Back in 2013, the state decided to pass a law that made it legal to offer sports betting. Of course, the option couldn’t start until the US Supreme Court ruled in May 2018 that the Professional and Amateur Sports Protection Act was invalid. The state could then begin with sports betting, but no regulatory framework was in place to do so.

It seems that the commission was not in any hurry to start with regulations, so the Governor decided to give them a kick in the pants to get started. Now that the approval has been given, there will be a comment period taking place with the public that will last for a 60-day time frame. Once that time frame is up, finalization will occur via the commission.

Wagers will be offered in the sports betting genre via the Resorts World Catskills, the Del Lago Resort & Casino, the Rivers Casino and the Tioga Downs Casino, all located in upstate New York. Each casino is ready to get started, already having made a partnership to get started with operations.

The Del Lago will be working with DraftKings, while their rival FanDuel has partnered with the Tioga Downs. Bet365 will be running Resorts World’s operations with Rush Street Interactive operating the Rivers.

Once the commercial casinos begin offering services, the tribal casinos can start as well. Based on their compact with the state, any legal gaming option for commercial casinos is open to them as well.

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