Assemblyman Gary Pretlow saw the statement as a veiled threat, calling it “collusion,” and if it came to pass, the Attorney General would have to get involved. Robins hinted that if the status quo remains, operators will pass off the burdens to the consumer. “It’s the pull back of investment by operators in the market.”ĭraftKings CEO Jason Robins made several statements about the burdens New York operators are dealing with and how it is affecting business. “The cause of underperformance is not a mystery,” FanDuel President Christian Genetski told the committee. Increasing the number of mobile operators.Speaking at the hearing, DraftKings Sportsbook and FanDuel Sportsbook made it clear that they are willing to lower their burden in any number of ways, including: Neither ask comes as a surprise, but getting either accomplished will be challenging. Legalize New York online casino gambling.Lower their mobile sports betting tax burden.And during a recent hearing about the state’s sports betting tax rate, New York online sports betting operators tugged at two of those threads: If you don’t stop and look around once in a while, you could miss it.” That is sound advice if you’re following gambling developments in New York.Įxamining the New York gambling landscape in 2023 presents plenty of threads to pull. As Ferris Bueller warned us, “Life moves pretty fast.
