New York considers online-poker and casino-games to bolster state revenues

‘I’m bringing in Caesars Entertainment, Inc. and MGM Resorts International plus all of my casinos, racinos and OTBs (‘off-track (horse-race) betting’); We’re going to have a discussion on the pros and cons of moving the legislation.’ • State Senator John Bonacic, chairman of the (NY) state Senate Racing, Gaming and Wagering Committee

Sen. John Bonacic introduced the poker-only S. 5302 bill back in May (2015); seeking to license online-poker and revise the (NY) state’s gaming-code language. If (when) passed, the bill will allow up to 10 Internet poker-licenses, with the state (NY) slated to take 15 % of a site’s gross-gaming revenue in taxes.

Given the lackluster poker-only numbers coming out of Nevada and Delaware (where only online-poker (and not other casino games such as BaccaratKeno, Roulette and Slots) is (currently) allowed), many expect the aforementioned-stakeholders to push for the inclusion of online casino-games, which currently account for more than 80% of New Jersey’s monthly online gaming-revenue.

‘If you reside in the Empire-State, be sure to let your state lawmakers know you want them to support this bill (S.5302)’ • Poker Players Alliance

www.pokernews.com

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