Cuomo Says He Backs Sports Betting In New York

Albany, N.Y. - Legal sports betting could be coming to New York as a way to help fill the huge budget hole left by the pandemic.

Governor Andrew Cuomo says he now backs the legalization of mobile sports betting in New York. He says he wants to do sports betting the way the state runs the lottery, where New York controls the revenues. Across the Hudson in New Jersey, casinos control sports betting.

The State faced a multi-billion-dollar budget hole prior to the pandemic. It has been doubled as a result of the health crisis. Cuomo says the state could make up to $500 million a year if New York controls the flow of bets.