Breaking: New York Online Sports Betting Is Approved With Gov. Cuomo’s Limited-Operator Mode

New York will approve a limited-operator, government-bid online sports betting model

that was backed by Gov. Andrew Cuomo and opposed by most state lawmakers and the gaming industry at large.

Under the plan, which will be passed as part of the state’s $200 billion fiscal year 2022 budget, the New York Lottery would issue requests for proposals from two mobile betting operators, which would then subcontract out licenses (or “skins”) to four sportsbook operators.