As the Kyl Bill takes the main stage in the U.S. Senate, New York State legislators are having a look at a bill that addresses Internet gaming on the state level. The bill, S2044, came out of committee yesterday and is ready for voting.
Introduced to the Committee on Racing, Gaming and Wagering by Sen. William Larkin, S2044 requires foreign corporations providing gambling or wagering over the Internet to file for authorization to do business in this state with the secretary of state. It's being proposed as a way to address worldwide companies providing and marketing interactive wagering via the World Wide Web to New York residents.
We'll keep you posted on the how the vote goes.