Key NY Lawmaker Issues Online Casino Hesitation

New York State Senator Joseph Addabbo has expressed caution regarding the legalization of online casino gaming in the state. Despite introducing legislation aimed at expanding New York's gambling offerings, Addabbo acknowledges significant challenges that may impede progress.

Union Opposition Remains a Major Hurdle

One of the primary obstacles is opposition from labor unions representing workers at land-based casinos. These unions fear that the introduction of online casinos could cannibalize revenue from brick-and-mortar establishments, leading to job losses. Addabbo has proposed a $25 million annual fund to support these workers, but union leaders remain skeptical about the potential impact on employment.

Lack of Executive Support

Another significant barrier is the absence of support from Governor Kathy Hochul. Addabbo emphasizes that for the legislation to advance, it requires backing from the executive branch. He stated, "It has to be the governor who drives the bus," highlighting the necessity of a collaborative approach involving the governor, legislators, and unions to reach a consensus.

Financial Implications and Regional Competition

Proponents of the bill argue that legalizing online casinos could generate substantial tax revenue, potentially exceeding the $1 billion collected from mobile sports betting in 2024. They also point out that neighboring states like New Jersey and Pennsylvania have already embraced online gambling, putting New York at a competitive disadvantage.

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