NY changes integrity fee in sports betting bill

In a last attempt to pass the legislative piece before the session ends, senators reduced the integrity fees paid to sports leagues.

US.- Lawmakers all across the United States are considering the possibility of offering sports betting services in order to increase revenue to each state. New York is one of the states that want to tie the knot and come up with a legislation that would pave the way for a regulated sports betting market.

In a last attempt to legalise sports betting before the current session ends on Wednesday, senators amended the gambling bill S7900, which is now called S7900C. The initial 0.25 per cent integrity fee that would be paid to professional leagues has been reduced to 0.20 per cent. Lawmakers also included a measure that required the sports leagues to provide proof of their spending on integrity monitoring in order to receive such compensation.

Last Friday, Bronx Democrat Carl Heastie said that lawmakers were unsure of one of the key points of the legislation, which allows wagers to be made at casinos through mobile devices. However, the new amendment could change the course of the session.

Sports betting has been recently legalised in New Jersey and Delaware, east coast states that discussed the benefits of sports betting way before the US Supreme Court strikes the Act that prohibited the modality on a federal level.