A provision in New York’s 2013 Racing, Pari-Mutuel Wagering and Breeding Law authorizing casinos to take bets on sporting events had been held in suspension because of the federal ban on state-regulated sports wagering. Now, as a result of the U.S. Supreme Court’s striking down the Professional and Amateur Sports Protection Act of 1992 (PASPA), which prohibited state-regulated sports wagering, pending licensure by the New York State Gaming Commission, sports gambling in the state will become a reality.
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