New York Online Poker Efforts StallLegislative Session Ends Without Assembly Vote On Bill |
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The state of New York’s legislative session ended Friday with no online poker bill passing the Assembly. The legislation passed out of the Senate earlier this month by a 53-5 vote.
Regulated online poker approval in Albany was viewed as a long shot prior to the Senate’s vote, but it still had an uphill battle to be approved by the state’s other legislative body in time.
Before reaching a full Senate vote, the bill was approved by two committees.
The progress for the proposal bodes extremely well for 2017. State Senator John Bonacic, sponsor of the bill, recently said in an interview that “all of the gaming interests” want online poker.
New York is home to nearly 20 million people and has a year-one online poker market estimated to be worth $120 million. A 15-percent tax rate was proposed.
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