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14 it would will acquire up to $50 million of shares from Resorts World's parent company, Empire Resorts Inc., in exchange for 50 percent of the profits from sports betting during the 20-year contract. "We think both on site as well as mobile sports betting will be profitable for Resorts World Catskills and will drive business to our casino," said Manny Pearlman, executive chairman of Empire Resorts, Inc. Sports betting is in flux because the state Gaming Commission has yet to issue rules and regulations on it. While New Jersey brought in$24 million in sports-betting แทงบอลออนไลน์ sbobet888 profits in September, New York has remained on the sidelines during the heavily bet NFL football season. Brad Maione, a spokesman for the Gaming Commission, offered no timeline on when the agency would act on the regulations. The state Legislature this year didn't approve a new lawtoallow sports betting .

For the original version including any supplementary images or video, visit https://www.democratandchronicle.com/story/news/politics/albany/2018/11/21/new-york-casinos-await-sports-betting-revenue-boost/2070896002/

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sports do not yet have good reputations for ensuring the integrity of their matches. In most things [sports-related], America is ahead, maybe way ahead, Anderson said. But youre behind in integrity. :: Want to get the latest news with your past performances? Try DRFs new digital PPs While Anderson was pointing specifically to non-racing sports during the vast majority of his presentation, racing is also expected to face new pressures to make sure its races are run on the up-and-up as the sport embraces fixed-odds wagering and bet exchanges, a development that is anticipated by most in racing as states legalize fixed-odds wagering on sports. As cheaters scour the betting markets for opportunities, its not impossible to believe their eyes may land on a race at an out-of-the-way racetrack, because the flowering of U.S. betting markets will attract more eyes from far more places. These gambling crimes know no borders, and the U.S. will find that out quickly, Anderson said. Anderson said that the most important tactic for regulators to embrace in the U.S. in the wake of widespread liberalization of sports wagering is cooperation among states (if, in the U.S., the regulation of sports betting is conducted on a state-by-state basis, rather than by the federal government, an open question right now). That also includes cooperation with other nations in which betting markets are legal.

For the original version including any supplementary images or video, visit https://www.drf.com/news/symposium-racing-assurance-integrity-key-sports-betting-success

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