New York to banter about online poker
The study also estimated that New York could see USD 50 M to US 80 M in annual taxes by making New York-licensed intrastate online poker sites available.
Neighboring New Jersey has had online poker for a year now and many in New York want the same. New York is home to more than 19.6 million people; New Jersey has roughly 8.9 million.
According to an October report from the New York Times, MGM Resorts has been lobbying in Albany to have online poker approved.
In March, an online poker bill was introduced into the state legislature, yet didn’t move anywhere. Weeks later, Sen. John Bonacic, chair of the Senate Committee on Racing, Wagering and Gaming, said: “I don’t intend to push it this year. But we need to start a discussion.” In 2012, the New York Senate made headlines by saying it supported online poker during budget talks.
Earlier this year, Morgan Stanley came out with a report on its predictions of the U.S. online gaming market, and in it the financial services firm predicted New York would have online poker in 2016.
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