{"id":45158,"date":"2021-04-07T08:33:29","date_gmt":"2021-04-07T08:33:29","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=45158"},"modified":"2021-04-07T08:33:29","modified_gmt":"2021-04-07T08:33:29","slug":"new-york-includes-sports-betting-new-casinos-in-budget","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/new-york-includes-sports-betting-new-casinos-in-budget\/","title":{"rendered":"New York Includes Sports Betting & New Casinos In Budget"},"content":{"rendered":"
\"\"

New York<\/p><\/div>\n

New York<\/a> lawmakers working on the 2022 budget for the state have included<\/a> in it revenues from sports gambling<\/a> and also three new casinos<\/a> to be built in downtown New York.<\/p>\n

It took all parties late into the night to come to agreement on the fiscal policy for the state that has been ravaged by COVID-19 last year and is still recovering from the pandemic now.<\/p>\n

However Governor Andrew Cuomo said on the deal: \u201cwe worked with the leaders of the Senate and Assembly to finalize the details of the fiscal year 2022 budget yesterday. It took a lot of effort on everyone\u2019s part, and it was known that finding common ground would not be an easy task.\u201d<\/p>\n

In the budget which is not 100% completed or clear, but revenues from what it seems is to be two sports betting operators allowed would have to stump up 50% of revenues to the state coffers. That seems incredibly high but the rewards from working in New York sports betting could still attract major companies to apply for a license.<\/p>\n

Also in the budget is the provision to allow three new casino licenses for the state in downtown New York which it believes can generate $500 million a year from each licensed operator.<\/p>\n","protected":false},"excerpt":{"rendered":"

New York lawmakers working on the 2022 budget for the state have included in it revenues from sports gambling and also three new casinos to be built in downtown New York. It took all parties late into the night to come to agreement on the fiscal policy for the state that has been ravaged by […]<\/p>\n","protected":false},"author":5,"featured_media":23307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,18],"tags":[],"class_list":["post-45158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-n-america"],"yoast_head":"\nNew York Includes Sports Betting & New Casinos In Budget - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/new-york-includes-sports-betting-new-casinos-in-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York Includes Sports Betting & New Casinos In Budget - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"New York lawmakers working on the 2022 budget for the state have included in it revenues from sports gambling and also three new casinos to be built in downtown New York. 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