Author: Roy Wayne Meredith III

Gambling in a Time of Despair

Last year in June, the New York State Senate voted to legalize mobile sports betting. For a moment, it seemed like New York was poised to join its neighbor. New Jersey had sued and successfully convinced the Supreme Court to overturn a federal ban on sports gambling outside Nevada the previous year. The state legalized mobile betting apps shortly afterwards. Now, it was collecting the gambling fees of frustrated commuters from across the Hudson River while New York’s government lost millions of dollars in potential revenue. It was New York’s chance to catch up with the Joneses. “I got racinos who could use the help. I have racetracks who are suffering. This helps everyone and it stops people from going to Jersey,” Senator Joseph Addabbo Jr. asserted. As the author of the bill, he claimed that legalization also had “tremendous potential to create jobs and raise significant funding for education and other vital public programs.” Not everyone was so buoyant about the proposal. “I am not a fan, pardon the pun, of the new mobile …