{"id":1580189,"date":"2024-05-08T09:04:20","date_gmt":"2024-05-08T13:04:20","guid":{"rendered":"https:\/\/sports7.us\/?p=1580189"},"modified":"2024-05-08T09:04:20","modified_gmt":"2024-05-08T13:04:20","slug":"new-york-lawmakers-have-removed-funding-for-problem-gambling-in-their-budget","status":"publish","type":"post","link":"https:\/\/sports7.us\/news\/new-york-lawmakers-have-removed-funding-for-problem-gambling-in-their-budget\/","title":{"rendered":"New York Lawmakers Have Removed Funding for problem gambling in their budget"},"content":{"rendered":"
Online sportsbooks officially launched on January 8, 2022, in New York. The legislature was passed in April 2021 but it took time for the first online sportsbooks to open in the state. There are currently nine different sportsbooks available to residents in NY. Those sportsbooks include FanDuel, DraftKings, Caesars, BetMGM, Fanatics, BetRivers, WynnBET, Bally Bet, and Resorts World Bet.\u00a0<\/span><\/p>\n This past weekend, a pair of gaming items were removed from the state budget. Residents can no longer place wagers on sports betting award futures. Additionally, language that would have authorized 1% of online NY Sports betting tax revenue to go towards problem gambling has also been removed. New York Senator Joe Addabbo told <\/span>Legal Sports Repor<\/span><\/i>t that these two items would be revisited during the post-budget session.<\/span><\/p>\n By definition, problem gambling can negatively affect a person\u2019s life via their family, personal life, or recreational activities. There are an estimated two million Americans who meet the criteria for problem gambling. Additionally, another five to eight million meet the criteria for a mild or moderate gambling problem. U.S. Rep. Paul Tonko of New York has introduced legislation that will crack down on the \u201cpublic health crisis\u201d.\u00a0<\/span><\/p>\n In his proposed legislation, Tonko wants to regulate gaming advertising, limit size deposits, and restrict how AI is used to attract new customers. Top sportsbooks around the country have also partnered together to form the Responsvile Online Gaming Association (ROGA). Together they account for more than 85% of all online legal sports betting markets. They\u2019ve collectively pledged more than $20 million in efforts to fund ROGA and help address problem gambling in the United States.<\/span><\/p>\nWhat is problem gambling and how are major sportsbooks helping with this nationwide issue? <\/b><\/h2>\n
Joe Addobbo is trying to fight for the expansion of New York sports betting <\/b><\/h2>\n