Author Topic: NY takes a pass this year on sports betting.  (Read 7125 times)

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horses first

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NY takes a pass this year on sports betting.
« on: July 12, 2018, 06:46:28 PM »
Wednesday deadline came and went with legislators failing to come up with a new sports betting bill for framework on legalization and regulation. May not be until Jan of 2019 that a new bill comes around.

Yonkers1

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Re: NY takes a pass this year on sports betting.
« Reply #1 on: July 12, 2018, 08:01:10 PM »
All of the politicians just gave themselves more time to get donations
Yonkers now the #1 track in the nation

PIGLAND

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Re: NY takes a pass this year on sports betting.
« Reply #2 on: July 12, 2018, 08:17:21 PM »
All of the politicians just gave themselves more time to get donations
its not about helping the people

The Exporter

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Re: NY takes a pass this year on sports betting.
« Reply #3 on: July 12, 2018, 09:54:08 PM »
All of the politicians just gave themselves more time to get donations
Bingo. No way they were going to miss out on a year of political donations and lobbying clout.

Superfecta

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Re: NY takes a pass this year on sports betting.
« Reply #4 on: July 13, 2018, 03:52:24 AM »
Meanwhile the commercial casinos will have sports betting all to themselves.  Tioga, del Lago, RW Catskill and Rivers at the Crackhouse will all be up and running soon.

Powerful Patricks Ghost

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Re: NY takes a pass this year on sports betting.
« Reply #5 on: July 13, 2018, 06:30:14 AM »
Meanwhile the commercial casinos will have sports betting all to themselves.  Tioga, del Lago, RW Catskill and Rivers at the Crackhouse will all be up and running soon.

Not if the state doesn't have licensing in place they won't...

The Exporter

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Re: NY takes a pass this year on sports betting.
« Reply #6 on: July 13, 2018, 09:39:50 AM »
As of right now, casinos have sports betting but, they still need the legislature to send a final law to the Gaming Commission for rules and regs. That did not happen in the last session. So, no sports wagering at all until next legislative session in January or, if the Gov. demands a special session at anytime.
 I live in Albany, trust me, these humps will not miss out on a full round of donations and lobbying especially in the wake of the Supreme Court decision of Janus, giving their labor union revenue stream a haircut.
 

Atthetrack7

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Re: NY takes a pass this year on sports betting.
« Reply #7 on: July 13, 2018, 10:13:13 AM »
Wednesday deadline came and went with legislators failing to come up with a new sports betting bill for framework on legalization and regulation. May not be until Jan of 2019 that a new bill comes around.

So the fuck what

horses first

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Re: NY takes a pass this year on sports betting.
« Reply #8 on: July 13, 2018, 11:24:44 AM »
It's a sports headline idiot. If you have nothing to add why comment.

MR.DALRAE

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Re: NY takes a pass this year on sports betting.
« Reply #9 on: July 13, 2018, 11:56:58 AM »
Pa is also passing

bond

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Re: NY takes a pass this year on sports betting.
« Reply #10 on: July 13, 2018, 01:17:12 PM »
Pa is also passing

Spot on!

In Pennsylvania, the monthly tax is expected to be an astronomical 36 percent at the state and local level — 34 percent to the state and two percent to local municipalities. Add in the federal tax and it totals a whopping 41 percent.
Then Pa wants 10 MILLION to get a Sports Betting license for the privilege of paying enormous taxes
Pa politicians are a joke on how they want to tax gambling
No wonder the black market bookies are booming in Pa. lucrative market so dumb greedy Politicians have fucked it up from its citizens
Time for change
Need Trump to drain the swamp.

thekid1921

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Re: NY takes a pass this year on sports betting.
« Reply #11 on: July 13, 2018, 01:25:34 PM »
Dear Mr BOND,
    Very astute post. hopefully they will wake up and give the bettors a good deal taxwise.

MR.DALRAE

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Re: NY takes a pass this year on sports betting.
« Reply #12 on: July 13, 2018, 01:31:30 PM »
Spot on!

In Pennsylvania, the monthly tax is expected to be an astronomical 36 percent at the state and local level — 34 percent to the state and two percent to local municipalities. Add in the federal tax and it totals a whopping 41 percent.
Then Pa wants 10 MILLION to get a Sports Betting license for the privilege of paying enormous taxes
Pa politicians are a joke on how they want to tax gambling
No wonder the black market bookies are booming in Pa. lucrative market so dumb greedy Politicians have fucked it up from its citizens
Time for change
Need Trump to drain the swamp.


BLACK MARKET WILL NEVER DIE,,,,THEY ALLOW CREDIT

Pull the Pocket

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Re: NY takes a pass this year on sports betting.
« Reply #13 on: July 13, 2018, 01:32:06 PM »
Dear Mr BOND,
    Very astute post. hopefully they will wake up and give the bettors a good deal taxwise.

Are you fools that stupid?  The tax is not on the bettors wager, the tax is on the firms taking the wagers and are paid out of their profits, not off the bettors wager.

MR.DALRAE

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Re: NY takes a pass this year on sports betting.
« Reply #14 on: July 13, 2018, 01:35:58 PM »
Dear Mr BOND,
    Very astute post. hopefully they will wake up and give the bettors a good deal taxwise.

DUMBEST POST OF THE YEAR

 

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