Sports Betting Study from NY Gambling Commission Delayed

Created on Saturday, 19 October 2019
Sports Betting Study from NY Gambling Commission DelayedThe New York State Gambling Commission’s sports betting study is delayed until 2020. As a result, the launch of legal sports wagering in New York will be postponed. This new development came as the state is considering to let mobile sports betting and private casinos. 
The study will provide lawmakers with information about the future of gambling in the state. According to the initial schedule, they will complete the study by the end of the year. It will give officials enough time to read it, according to bookie pay per head info and reviews.
However, the new release date for the study is April 1. It is the same day as the deadline for New York State’s budget. Brent Stevens, CEO, and chairman of Peninsula Pacific said he was disappointed with the study’s delay. He told sports betting software insiders that he understands why the Gambling Commission doesn’t want to rush the study. It is important to get an accurate conclusion from it because regulators will use it in forming a gaming policy. 

Sports Betting Study

The sports betting study got delayed because the Gambling Commission was not satisfied with the companies that first applied to conduct it. As a result, there are no rules formed for the sports betting industry in the state. Bookie pay per head services providers hope that the Gambling Commission will allow third party operators to accept wagers. 
The initial schedule for the start of the study was September 1. However, it didn’t happen due to the failed bidding process. Also, the commissioners can’t choose a company that can hit the deadline for the final report, according to gambling news archives. 
Senator Joseph Addabbo Jr. told gambling software reviews sites that he thinks deadlines are unclear timeframes. If they miss the deadline by a couple of weeks to get better results, then he agrees with the decision of the Gambling Commission. 
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