Sports Betting Regulations Approved by State Gaming Commission

On Monday, the state gaming commission preliminarily approved sports betting regulations, paving the way for legalized sports betting in any of the four land-based casinos or seven Indian-nation casinos in New York. This action will start the clock on the 60 day public comment period which could open the door to betting by mid-April, provided the state approves applications to do so. It will be up to the gaming commission to approve the types of bets each casino is allowed to accept. Most professional and collegiate sports will be made available for betting, except any college game taking place in New York or any game featuring a New York based team.

Ron Ochrym, the Gaming Commission’s Acting Executive Director said:

“The intention of these rules is to provide a solid regulatory structure that would enable the four facilities to get running as soon as practicable with the concept that novel or unique concepts and ideas can be revisited at a future date.”