Our gambling news this week focuses on the possibility of New York online casinos and poker. Spoiler alert: It doesn’t look good! Plus, we discuss why the growth on Interstate online poker with the addition of Michigan could be significant. Plus, a petition to save the Mirage Volcano in Las Vegas!
The same state that took forever and a day to pass legislation for mobile sports betting is now doing it again. New York online casinos looked like a very real possibility when a proposal rolled out early this year. But, as is usually the case in New York, politicians screwed around trying to figure out how best to profit from the activity until it was too late to pass any legislation. Now the legislative session is over for the year.
It took several years before they were finally able to pass a mobile sports betting bill. And even then they placed an enormous tax of 50% on the activity. So maybe state lawmakers are simply waiting to see how much they can squeeze out of this as well.
But as hopes of New York online casinos fade, players in the state of Michigan can now sit down at the online tables and go head to head against others from Nevada, New Jersey, and Delaware. In previous episodes we’ve discussed Interstate poker compacts extensively. So perhaps this move from Michigan will be the incentive that other states need to wake up and regulate online regulate online poker as well!
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