Posted on: January 7, 2021, 02:42h.
Last updated on: January 7, 2021, 02:53h.
The plan by New York Gov. Andrew Cuomo (D) to allow mobile sports betting in the Empire State won’t have a negative impact on Nevada casinos, gaming experts said.
A gambler uses a mobile device to examine the odds in an NFL game. Legislation is expected this year in New York to legalize mobile sports betting. (Image: CBS New York)
Josh Swissman, of Las Vegas-based The Strategy Organization, said the Nevada experience is “much bigger” for tourists than just sports betting.
“People are still going to want to come to Vegas for the experience Vegas offered before the pandemic, and the experience it will offer after the pandemic,” he told the Las Vegas Review-Journal. “That’s never going to go away.”
Cuomo is expected at Monday’s State of the State address to lay out details of his proposal regarding online sports betting.
Mobile sports-betting firms wanting to operate in New York would need to be in partnership with an existing commercial casino, according to the New York Post. These upstate commercial casinos are Resorts World Catskills in Monticello, Rivers Casino in Schenectady, del Lago Casino in Tyre near Rochester, and Tioga Downs near Binghamton.
At the opening of the 2021 legislative session this week, state Sen. Majority Leader Andrea Stewart-Cousins (D) expressed support for mobile sports betting.
“We need to create new revenue streams by legalizing mobile sports betting and marijuana,” she said.
New Jersey Impact
Las Vegas has struggled to attract tourists during the pandemic, especially during slow midweek days. Some hotel-casinos are temporarily closed during the middle of the week because of low consumer demand.
But any change in New York’s