31 Jan 2023
Joint – Public Hearing: Mobile Sports Betting in NY: A First Year Review & Its Budget Impact
Legislative Office Building,Van Buren Hearing Room A, Legislative Office Building, 2nd Floor 172 State Street , Van Buren Hearing Room A, 2nd Floor , Albany, NY, 12247
09:30 AM Archived Video
Joint – Senate Standing Committee on Racing, Gaming, and Wagering
Chair: Senator Joseph P. Addabbo, Jr.
and Assembly Standing Committee on Racing and Wagering
Chair: Assembly Member J. Gary Pretlow
Public Hearing: Mobile Sports Betting in NY: A First Year Review & Its Budget Impact
Place: Van Buren Hearing Room A, Legislative Office Building, 2 nd Floor, Albany, New York
Time: 9:30 A.M.
Contacts: Shanna Cassidy (518) 455-2322 Spiro Sokaris (518) 455-4313
Media Contacts: Shanna Cassidy (518) 455-2322
Assembly Press Office (518) 455-3888
ORAL TESTIMONY BY INVITATION ONLY
NOTICE OF JOINT PUBLIC HEARING
SUBJECT: Mobile Sports Betting in NY: A First Year Review & Its Budget Impact
PURPOSE: This hearing will review Mobile Sports Wagering’s first year in operation and its impact on the New York State Budget.
On November 8, 2021, the Gaming Commission authorized nine operators to run mobile sports wagering in New York State. As of the end of October of this year, it has generated $542 million in taxes, and $200 million in licensing fees for a total of more than $740 million in revenue, most of which is for the support of New York’s education system. As the first year of mobile sports wagering implementation comes to an end, the committees are interested in examining the overall economic impact that mobile sports wagering will have on the New York State Budget.
Persons invited to present pertinent testimony to the Committees at the above hearing should complete and return the enclosed reply form as soon as possible. It is important that the reply form be fully completed and returned so that persons may be notified in the event of emergency postponement or cancellation.
Oral testimony will be limited to 10 minutes duration. Ten copies of any prepared testimony should be submitted at the hearing registration desk. The Committees would appreciate advance receipt of prepared statements.
Attendees and participants at any legislative public hearing should be aware that these proceedings are video recorded. Their likenesses may be included in any video coverage shown on television or the internet.
In order to meet the needs of those who may have a disability, the Committees, in accordance with its policy of non-discrimination on the basis of disability, as well as the 1990 Americans with Disabilities Act (ADA), has made its facilities and services available to all individuals with disabilities. For individuals with disabilities, accommodations will be provided, upon reasonable request, to afford such individuals access and admission to State Legislature facilities and activities.
