come in $220 million short<\/a> of their first-year gross gaming revenue estimates.<\/strong><\/p>\n<\/blockquote>\nUpstate horse racetracks are also struggling, Vernon Downs owner Jeff Gural successfully threatening the state that he would close the venue and put 300 workers out of jobs unless he received a $2 million tax cut.<\/p>\n
Should New York lawmakers find a way to authorize sports betting and sidestep the voter referendum, the opportunity to reap the rewards of operating a sportsbook would presumably be embraced by casinos, tracks, and OTBs.\u00a0 \u00a0<\/span><\/p>\nBig Issue in Big Apple<\/b><\/h2>\n
Many of the industry’s most powerful players are in New York City this week for the Sports Betting USA Conference, a sold-out two-day event that will include presentations by American Gaming Association President Geoff Freeman, Nevada sports gambling veteran Vic Salerno, horse racing businessman Dennis Drazin, gaming attorney Dan Wallach, and Pretlow himself.<\/p>\n","protected":false},"excerpt":{"rendered":"
New York lawmakers are exploring potential options to form regulations that would allow the state’s horse racetracks, off-track parimutuel betting venues, and non-tribal casinos to operate sportsbooks should there be a change to the current federal ban. The US Supreme Court will soon listen to New Jersey’s appeal that the Professional and Amateur Sports Protection […]<\/p>\n","protected":false},"author":42,"featured_media":62889,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,61,16,1074],"tags":[],"acf":[],"yoast_head":"\n
New York Lawmakers Look for Clever Way to Legalize Sports Betting<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n