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   Saturday, July 13 2024 
A hearing on online poker on September 9 - New York

For several months, the State of New York was discussing about the issue of the legalization of online poker while its neighboring State, Pennsylvania, is already close to the legalization of online games. For this purpose, a hearing will be held on September 9 to study the advantages and disadvantages of adopting legislation to legalize the market within the State. As a reminder, a bill was presented to parliament in May, but did not advance for possible adoption at least for this year. In fact, online poker has no chance of being legalized in New York this year, but this next hearing is a great opportunity to open the way for legalization of the sector for the next year. The bill was introduced by Republican Senator John Bonacic who is also the president of the York Senate Racing, Gaming and Wagering Committee.

At that hearing, the senator heard all the industry players in the State to discuss the pros and cons of the law on online poker. The John Bonacic bill limits the number of operators on the online poker market in New York to 10 and the tax on gambling would be 15% for each operator. MGM Resorts is already interested in the market long before its legalization. The company is lobbying to get a license in Albany. A study by MGM announced that New York residents spend more than $ 110 million a year on offshore online poker sites.

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