|Friday, December 29, 2006|
|New York to allow Internet wagering|
According to "Bloodhorse" magazine, the New York State Racing and Wagering Board has adopted rules and regulations that will allow the state's racetracks and offtrack betting facilities to take wagering via the Internet beginning January 22.
Currently, authorized entities can only offer telephone wagering accounts at OTB's and racetracks throughout the state. The new rules allow account wagers to be made in person, via any telephone device including cell phones, via the Internet, or through other electronic means.
The new measure has been welcomed by the New York Racing Association and the six existing OTB´s (off track operators. The latter aim to have a common website at which they would offer wagering. Currently, New York residents are prohibited from having Internet accounts with out-of-state providers such as Youbet, Brisbet, and TVG.