Online casino and sportsbook Bovada has announced that from June 21, it will no longer allow residents of New York state to use its services and will leave the state market.
A statement from the Costa Rica-based Bovada declared that the “future climate” of the New York’s online gambling environment, referring to the introduction of new regulations in the state, led Bovada to decide to ban its residents.
These new regulations came alongside the state’s plans for legal online betting, which were included in the FY2022 budget signed by Governor Andrew Cuomo last month. Among the measures set out under the budget bill are that the New York State Gaming Commission will issue a request for proposals to select at least two platform providers to operate sports betting, with these to receive licences and offer at least four betting skins.
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