NY Looking To Test Sports Betting Ban, Wagering Chair Says

Law360, New York (January 17, 2017, 3:36 PM EST) -- New York could be the next state to challenge a federal law prohibiting states from authorizing sports betting as New York Assemblyman J. Gary Pretlow, who chairs the Racing and Wagering Committee, told Law360 he plans to float a sports betting legalization bill this month, a move that will likely land the state in federal court. 

Momentum is building to change the legality of sports betting in the U.S., with legal pressure applied by New Jersey challenging the federal ban. Further, a thriving underground market continues to grow with some studies estimating hundreds of billions, some say as much as $500...

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