Report: N.Y. bill would allow fixed-odds wagering for mobile

Report: N.Y. bill would allow fixed-odds wagering for mobile
Photo: Courtesy NYRA

A bill in the New York legislature would allow fixed-odds wagering on horse racing for mobile platforms.

The Daily Racing Form reported that Sen. Joseph Addabbo, the chairman of the New York Senate Committee on Racing, Gaming and Wagering, introduced the bill on Monday. The legislature is not scheduled to re-convene until January.

The bill would allow fixed-odds bets on horse races if the mobile operator has permission from a pari-mutuel wagering franchise “that has the authority to provide the content of the horse racing event,” according to the report.

The New York Racing Association supports the bill, according to the report. Mobile sports betting is expected to begin in New York early next year.

New Jersey's legislature approved legislation in August to allow fixed-odds wagering, but it has yet to be rolled out. The bill instructed the state’s Department of Gaming Enforcement to create regulations, and it gave the attorney general’s office 90 days to approve them. The 90-day period ended Nov. 3.

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