New York to select two platform providers for mobile sports betting
New York has been one of the big storylines in the online sports betting industry with the state considering legalizing the market in 2021.
Online sports betting could be passed as part of the 2022 budget, according to Action Network. The New York Lottery will issue requests for proposals from two mobile betting operators who will subcontract out licenses, or skins, to four sportsbook operators.
“When the budget ends, that’s when the work starts,” New York Senator Joseph Addabbo told Action Network.
Follow-up measures will be announced soon. Officials for the state say online sports betting could launch by September, in time for the 2021 football season.
New York lawmakers had proposed a plan for 14 online licenses for the state. This total came from two licenses for each of the four in-state casinos and two licenses for each of the state’s tribal casinos.