Although a small step, the first passage of the new bill is significant and will now be reviewed by the Senate Finance Committee before it can make its way to the Assembly and finally onto the Governor.
New York Senate bill S-3898 was introduced
in late January by Sen. John Bonacic, who chairs the 11-person Committee, to
authorise the New York State Gaming Commission to hand out online poker
licenses at the cost of US$ 10 million per license.
Under the bill, poker would be classified as a game of skill, which differs
from the provision within the state constitution that prevents internet
gambling. The state will also be able to enter interstate compacts in order to
increase player pools and liquidity.
Source: GMB