"It's a good bill," State Senate Gaming Committee Chair Joe Addabbo told NY1 Friday night. "We got a lot of input from a lot of individuals, but it's a starting point."
Addabbo said much of the regional iGaming market is going to neighboring states like New Jersey and Pennsylvania where it's already legal. He said with a potential 30.5% tax rate and $2 million licensing fee, his proposal could help New York deal with projected deficits.
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