N.Y. Bill Proposes Sports Betting Kiosks, Fixed-Odds Horse Racing

by | Dec 2, 2021 1:29 pm | Legal

N.Y. Bill Proposes Sports Betting Kiosks, Fixed-Odds Horse Racing

New York has introduced a bill, Senate Bill S7536, which proposes the legalization of mobile sports betting kiosks as well as fixed-odds horse race wagering.

  • New York Senator Joe Addabbo filed New York Senate Bill S7536 on November 19, which would legalize mobile sports betting kiosks at affiliate locations throughout New York.
  • The bill would also make New York just the second state in the United States to allow fixed-odds horse race wagering, as well as allow mobile operators to provide horse race betting.

ALBANY, N.Y. – New York Senator Joe Addabbo (D-Queens) filed a bill on November 19 that would “clarify the sports events on which wagering may be made and to authorize mobile sports wagering operators to site kiosks at select affiliate locations.”

The ultimate goal of the bill, Senate Bill S7536,  is to legalize mobile sports betting kiosks at affiliate horse tracks, OTBs, and professional sports stadiums and arenas.

The bill also allows for already-existing mobile sports betting operators to offer fixed-odds wagering on horse races.

Addabbo is striving for as open a legal sports betting industry in New York as possible.

Under current New York sports betting laws, mobile sports betting servers for the kiosks would have to be located within the premises of one of the four casinos located in upstate New York. Possible affiliates include Resorts World Aqueduct Casino in Queens, a slot machine operator that is one of the three sites currently being considered for full casino licensing.

The kiosks would be regulated in the same way as other mobile sports betting operators, meaning they would have to go through the same licensing process. Besides horse tracks, OTBs, and professional sports stadiums, the bill would allow for kiosks to be placed in already-existing Virtual Lottery Terminals (VLTs), located in casinos and select retail locations that are licensed to sell lottery products.

The kiosk system has already been implemented by a number of other states, including Arizona, to great success.

While it is unlikely the bill will be heard before the end of 2021 with the upcoming Christmas recess, the bill would be a huge step towards bringing sports betting to New York City. Currently, retail sports betting is only available upstate, and the mobile launch is slated for February 2022. If the bill is not heard in the 2021 session, it would be difficult (if not impossible) for the kiosks to be available in time for this season’s Super Bowl.

The other portion of the bill would allow for sports betting operators to provide fixed-odds horse race wagering, both at their venues and on mobile platforms. Fixed-odds wagering allows bettors to lock in their odds prior to the race, making it much more attractive for users. This would bring in more additional tax revenue for the state, as only New Jersey currently allows fixed-odds horse race wagering.

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