What Legalization Could Mean for the State – Agora Poker

Online Poker in New York: What Legalization Could Mean for the State

Online Poker in New York: What Legalization Could Mean for the State

YONKERS, WESTCHESTER COUNTY, NY —June 1, 2022 — Online poker has been hotly debated in New York for years. While lawmakers have proposed many bills in favor of legalization, none has passed so far. So, what the future holds? Online poker is a nuanced issue, but legalizing it in New York could provide several benefits for both residents and the state. With a push for legalized online poker across the state, New York is on the brink of an important decision. Photo by Michael Pewny, courtesy of Pixabay. Possible Benefits of Online Poker Legalization

What can we get out of online poker besides entertainment? We know that one major boon is almost inevitable: tax revenue. When it comes down to just how much tax revenue we stand to gain, nobody can predict the future. However, several statistics point towards a positive outlook.

New York is one of the most populous states in the United States, coming in at number four behind Texas, California, and Florida. Were online poker to be legalized here, it would provide a larger potential player pool than any other legalized state in the nation, meaning that the potential for tax revenue is quite promising.

Looking to New Jersey as a guide on what New York may expect, we can see that NJ online casino gaming pulled in over $49 million in tax revenue back in 2019. Poker is a big part of casino gaming, and New Yorkers seem to love it just as much as New Jerseyans. With so many residents and visitors flocking to play at the collection of land-based card rooms in New York, online poker seems like the next logical step to take.

Safety & Security Come First for New Yorkers

Regulated online gaming keeps people who use poker websites safe. As it stands now, many residents already have access to online poker—but these sites may not be legit, compromising player security and causing significant problems. To solve this issue, legalization and regulation are necessary.

Of course, New York isn’t alone in its efforts. Many states have already taken the plunge to launch online poker […]

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Author: wpadmin

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