Rates On The Sport Online In New York Officially Approved

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June 6, 2022
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Rates on the sport online in New York officially approved

New york will finally appear on sport online after the governor andrew comeo approve the annual staff budget.

Gaming commission new york will allow two operators to debut on the internet and are expected to choose their final candidates for the end of the year. Selected providers will have to pay an initial contribution of $ 25 million and an amount of $ 5 million a year to a partner of a casino, which will need to place the sports operator servers.

New york plans to base its market at competitive bidding, and some details are not yet defined, as they will depend on applications made by competing operators.

The tax rate, for example, will be determined during the trading process, although kuomo believes that it can reach 55%. The state has established a minimum of 13 percent.

As in many other states of the country, rates on games with the participation of college or university are prohibited.

According to senator joseph addabbo, the first bookmaker in new york will open no earlier than the next year the super cup. He said that the "control date of the beginning" state is february 13, 2022, the date of the lvi super cup.

Source: focus gaming news

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