“The state comptroller has pegged the deficit at $4.3 billion for next year and $8 billion for 2025. “ As we prepare to enter a new legislative session with COVID-era funding from the federal government expiring, we face a looming budget deficit of great proportions,” they wrote. “You can’t cut your way out of a multi-billion-dollar deficit, can’t raise taxes to that extent, so you need new revenue.”Īddabbo and Pretlow doubled down on this sentiment in their op-ed. I’ll let the economists and state comptroller weigh in, but we’re in trouble fiscally without federal help,” Addabbo said at the time. Online casinos are currently legal and available in six other states, with neighboring New Jersey, Pennsylvania, and Connecticut among them.

Speaking to US Bets in October, Addabbo cited the state’s budget concerns in suggesting the time may be ripe for making iCasino - and iLottery - games available in New York. “The bill uses the same framework in place for mobile sports betting, allowing consumers to safely play in a legal and regulated market while generating a projected $1 billion annually for New York, above and beyond what the state already receives from mobile sports betting.” “ We are working on legislation to authorize iGaming and iLottery in New York, and we are optimistic that this session, we can turn it into law,” the duo wrote. The two head the committees overseeing racing and wagering issues in their respective houses, and after working together to bring online sports betting to the Empire State, they’ve partnered again in an effort to give New York online casinos. That’s the upshot of an op-ed published this week on and co-written by New York State Sen.

Caesars Palace Online Casino Bonus Codeįrom the team that brought online sports betting to New York comes “Legalize II: It’s Casino Time.”.

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