An online poker bill in New York is back for the New Year, as State Senator Joseph Addabbo is pushing new efforts forward. The new bid to legalize online poker will also block any company involved in the US iGaming market after December 31, 2006.
The newly-appointed chair of the Senate Racing, Gaming and Wagering Committee has filed Senate Bill 18, which aims to allow all those aged 21 and above to play poker online.
S00018 looks to issue up to 11 online poker licenses, with only licensed video lottery gaming facilities and Class III (tribal) gaming licensees eligible.
Each licensee would have to pay an up-front fee of $10m for a 10-year license, as well as paying a 15% tax on gross gaming revenue.
Despite the cap on the number of available licenses, each entity would be permitted to operate an unlimited number of skins under its license, provided each partner is approved by the New York State Gaming Commission.
For more about the 2019 online poker bill in New York, visit Totally Gaming.