The New York Senate Included Revenue From Online Poker In It’s Budget Proposal
Poker News - The New York Senate released its budget proposal for the state fiscal year 2017-2018 with the legalization of online poker included, according to Online Poker Report.
The proposed budget sits at $160 billion. Online poker would bring a good deal of revenue to the state, mainly through the $10 million licensing fees.
The Senate passed a similar bill in 2016 with a 53-5 vote, and the chairs of Racing, Wagering and Gaming Committees introduced legislation in the Assembly and Senate that could go along with this recent proposal.
The Senate and Assembly need to agree on the bill by March 31, but already on March 15, the Senate passed a resolution with budget priorities. That doesn’t mean New York is in the clear though.
Just do it, New York. Fucking do it! Let the people play poker in the land of the free and the home of the brave! New Jersey already legalized it, and why should New York sit there while New Jersey rakes in all the profit? It just ain’t right. I can’t even imagine how much revenue the state would be raking in with all those rich finance guys with money to burn signing online to play some hold ‘em. And all the state has to do is sit there and reel in the taxes.
As I’ve written previously, it’s outrageous on every level that online poker isn’t legal in New York, nevermind the entire United Sates. You can play the lottery, you can buy a million scratch offs, but you can’t log onto the world wide web and play some poker tournaments. It doesn’t make any real sense, it’s just old curmudgeons who refuse to adapt to the current world.
So will this go through? It’s impossible to say. All it would do is stimulate the economy, give people a reason to move to New York, and allow adults to make decisions on how to best use their money. Also, it would probably help get the ball really rolling on legalized online poker across the country. First DFS, now poker, it’s time.