16th of December 2010 Author: Johnny Karp
Emergency measure approved by New York State Racing and Wagering Board
The New York State Racing and Wagering Board approved an emergency measure following the closure of the New York City Off-Track Betting (NYCOTB) Corporation, with which it will allow online processing of advanced deposit wagering accounts. Reportedly, this move is said to have been instituted to "safeguard the integrity of the pari-mutuel wagering system".
The Chairman of the New York State Racing and Wagering Board John Sabini, said: 'Our goal is to prevent the potential migration of betting dollars to out-of-state and unregulated entities by allowing in-state account wagering operations to quickly process applications for Internet and telephone betting accounts.'
It was reported by the Board that applications from the New York Racing Association (NYRA), Nassau Regional OTB, Catskill Regional OTB and Yonkers Raceway to process account applications over the Internet had been approved, just like an application filed by Saratoga Gaming and Raceway to take deposits and requests for withdrawals from accounts with the use of credit and debit cards as well as ACH transactions.
Sports Society News
19th of March 2019
1st of August 2018
15th of March 2019
1st of February 2019
21st of February 2019
5th of February 2019
15th of January 2019
17th of January 2019
18th of February 2019
Join Now for full access
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help Site Map
LatestSportsBonuses.com © 2006-2019