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Following that, Sen. Joseph Addabbo Jr. introduced Senate Bill 2614 to legalize New York online casinos. Legislation was introduced once again that would see Illinois online casinos be legalized. That means any launch of online casinos in Virginia wouldnโt happen until at least 2028.
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Tax rates would be 40% on slots and table game revenue, and 20% on live dealer revenue. Addabbo has long been a proponent of gambling expansion in New York. The bills call for a 30.5% tax rate on operatorโs gross gaming revenue. In December, three downstate casino licenses were issued for the state, while a dual-currency sweepstakes ban was also issued. New York has had a busy few months when it comes to gambling.
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