The New York State Legislature passed the 2021-2022 budget late Wednesday night as the Assembly gave the $212 billion spending plan its final approval, including a plan for legal online sports betting.
The state will select at least two companies through a competitive bidding process this year to operate online betting, according to language in the spending plan. Gov. Andrew Cuomo said he would sign the measure.
The budget language requires the Gaming Commission to issue a request for proposals (RFP) by July and award licenses later this year.