Check the thermometer in hell: Gov. Andrew Cuomo is ready to bring NY sports betting into the modern era – sort of.
Cuomo will include mobile New York sports betting in his 2021 policy proposals for the state, according to a report from the NY Daily News. The governor said Wednesday that he wants the state lottery to run it, though, tempering excitement around the development:
“We want to do sports betting the way the state runs the lottery where the state gets the revenues. Many states have done sports betting but they basically allow casinos to run their own gambling operations. That makes a lot of money for casinos but it makes minimal money for the state.
“And I’m not here to make casinos a lot of money. I’m here to raise funds for the state. So we have a different model for sports betting.”
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