N.Y. State wants to ban live betting on sports.

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  • Bluehorseshoe
    SBR Posting Legend
    • 07-13-06
    • 15102

    #1
    N.Y. State wants to ban live betting on sports.
    "Under Assembly Bill A.9343, sportsbooks would still be allowed to offer traditional pregame betting. Once the opening whistle blows, however, betting markets would shut down for that contest. No live point spreads, no next-score props and no real-time microbets.

    Supporters of the bill say the change would reduce harm without eliminating sports betting. Critics argue it would significantly reduce consumer choice and deal a major blow to state tax revenue, since live betting accounts for a large share of total handle.

    The proposal is expected to be taken up when the next legislative session begins this month."



  • stevenash
    Moderator
    • 01-17-11
    • 66815

    #2
    That's Linda Rosenthal's bill; she's an ultra-liberal in an ultra-liberal state.
    She's big on domestic abuse issues, and so forth; she's sincere, but I'm surprised she's sponsoring this sports wagering bill. I'm guessing Schneiderman (NY State Attorney) has her ear.

    Comment
    • lonegambler23
      SBR Posting Legend
      • 06-22-16
      • 10390

      #3
      Originally posted by Bluehorseshoe
      "Under Assembly Bill A.9343, sportsbooks would still be allowed to offer traditional pregame betting. Once the opening whistle blows, however, betting markets would shut down for that contest. No live point spreads, no next-score props and no real-time microbets.

      Supporters of the bill say the change would reduce harm without eliminating sports betting. Critics argue it would significantly reduce consumer choice and deal a major blow to state tax revenue, since live betting accounts for a large share of total handle.

      The proposal is expected to be taken up when the next legislative session begins this month."


      so hows betting prematch any better? thats just losing business. she needs to know what shes talking about. dumbass women
      Comment
      • SomeDayinBuffalo
        SBR MVP
        • 08-12-11
        • 1544

        #4
        Maybe a family member lost a lot and she had to bail them out. Now she cares about it. How about tax it less and maybe you can really take out the Illegal side of it out. On the live betting side of it. There are loop holes just like player props if you know something. The sportsbooks need more oversee. I feel in American sports are different than other sports. More points are scored, so more way to find a way.
        Comment
        • stevenash
          Moderator
          • 01-17-11
          • 66815

          #5
          I wouldn't worry; this bill won't make it out of the floor.
          Next.
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