New York may have another crack at online poker. Legislation that will regulate online poker sites within the Empire State was re-introduced this week. The measure was considered last year but didn’t gain any traction in Albany.
The bill is from Assemblyman Gary Pretlow, who's pushing legislation together with Sen. Bonacic, who has yet to re-introduce his proposal. Both are on the helm of gaming and racing committees. The latter’s poker bill was up for public discussion within the fall, although a vote wasn’t held.
New York held the hearing in early September on whether to control online poker sooner or later. The hearing was largely favorable to online casino games, but testimony did indicate that the games wouldn't likely come until the brand new brick-and-mortar casinos are open. Ny would be the largest online poker market a few of the states currently considering the activity, except for California, which has about double the population of latest York.
Kevin Cochran, Senior Legal Analyst for GamblingCompliance, testified on the hearing that the brand new York online poker market may well be greater than $120 million within the first ONE YEAR after launch.
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