New York Looks to Cash in on Sports Betting

The $212 billion annual New York State budget has given the green light for the state Gaming Commission to consider competitive bids from mobile sports betting platforms like DraftKings and FanDuel. Delano Saporu, founder and financial advisor at New Street Advisors, discusses the nuances in New York's plan and why the state getting in on the action is a golden opportunity for sportsbooks.
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