"New York State generates billions upon billions of dollars in revenue through the games we regulate that support public schools, local governments and charitable organizations across New York State."
"The illegal market needs to be addressed. Offshore gambling operators and prediction market operators are beyond our jurisdiction and do not have the players' best interests in mind."
"Technology has a role in all parts of the industry. Our racing division employs tech to promote equine health and safety."
"Our gaming division is exploring ways to protect vulnerable populations from gambling harms."
New York's racing and gaming industries are vital, generating billions in revenue that supports public schools, local governments, and charities. Governor Hochul's policies have fostered a robust regulatory environment, significantly reducing issues like underage and problem gambling. However, challenges remain, particularly with illegal offshore gambling operations that lack player protections. The future of the industry will be shaped by technology, which is being utilized to enhance equine health, safeguard vulnerable populations, and manage a vast lottery network across the state.
Read at Politics NY
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