While mobile sports betting has generated billions of dollars of revenue, the future of fantasy sports betting in New York is being "called to the stand" in Albany.
New York state is shattering expectations for sports wagering since its legalization in January, and we likely haven't even seen the peak of the first wave yet.
Five years later, the future of daily fantasy sports in the state is up-in-the-air, and its fate rests in the gavels of the New York Court of Appeals in Albany.
Last week the Capital Region had two former Yankees pop into town. Nick Swisher was here to help the Center for Disability Services and Joe Girardi spoke at the Capital about legalized gambling and made some appearances around town. Today was Joe Torres turn to travel to New York's capital and have his say in front of the New York State Lawmakers about legalized gambling.
Levack and Goz spoke to Brett Smiley the Editor and Chief for Sportshandle.com earlier today. Smiley is a Capital Region guy with a legal background and has been covering the story of Sports betting being legal for some time now. He helps us understand the Supreme Court ruling and lets us in on how we can actual effect how fast Sports Gaming becomes legal right here in New York sooner than later.
For my entire life here in Upstate New York I've been involved in some form of gambling. Lottery, Scratch offs, Horses and yes some sports betting. I've always felt it was an odd double standard that you can wager on things the State and the Government deems acceptable but not sports. That is unless you fly to Las Vegas. So this morning when the Supreme Court removed the Federal ban on sports betting AKA the Professional and Amateur Sports Protection Act (PAPSA) 6-3.
It's fairly clear if you listen to Levack and Goz or just about any sports show in the world that gambling is a gigantic part of sports. We break down games using Las Vegas set point spreads and all the major sports release injury reports. If no one ever wagered on games why would this information be so important? There is a court battle currently being waged that could result in legal sports betting.