New York publishes online sports betting rules, could see launch in January

New York publishes online sports betting rules, could see launch in January

The Empire State finally makes serious progress with its online sports betting plans

Online sports betting could soon be launched in New York. The State Register has published the official set of rules that the first nine sportsbooks will have to follow if they want to carry out their respective operations. It appears that the state has officially adopted the regulations, which will come into effect as soon as the market is launched to the public, expected in January of next year.

As part of what the document reports, the New York Racing Association has “expressed interest” in offering the advance deposit wagering (ADW) platform along with licensees. Customers who wish to do so will be able to use an “eWallet” where they can withdraw funds to place wagers on the ADW or the sports betting platform.

A number of requests made by different operators were denied by the New York State Gaming Commission. A related case involved DraftKings, which suggested that a link to the customer complaint process be placed on the customer’s account page instead of on the main website. This initiative by the giant operator turned out to be rejected because it would have made the link more difficult to find.

On the other hand, Penn National Gaming requested that the definition of “mobile sports betting promotion” be changed and that terms such as “odds increases” and “odds benefits” be removed. However, those efforts also failed to see the light of day as the Commission did not give it the go-ahead, believing that the planned approval of promotions ensures consumer protection and regulatory oversight.

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