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casino blackjack winningsBefore (inset) and future. But since this would require another constitutional amendment via public referendum, it will take a long time to implement, even if the legislation is successful — still a big “if.”The New York sports betting market has the potential to be twice as big that of Las Vegas, but that’s provided all potential stakeholders participate — and that seems to be a long way off.With the US Supreme Court’s rejection of the federal ban last May, all the state needed was a framework of regulation to be drawn up by the New York State Gaming Commission.Room for Maneuver? It’s likely Governor Andrew Cuomo put the new rules on hold to avoid any kind of controversy before his bid for reelection in November. It also believes enhancing gambling opportunities around auto racing will enhance fan engagement.Global Market PlatformFormula One is a truly global sports brand and — like EPL and La Liga soccer – will be a valuable platform for gambling companies looking to reach markets where it is difficult to find exposure through other channels, such as Asia.Having conquered Africa, Sportpesa hinted at its global ambitions when it agreed a shirt sponsorship deal with EPL club Everton in 2017.Formula One is not the only major auto racing series waking up to the sponsorship dollars available through gambling industry tie ins. (Image: Racing Point)According to sources who spoke to RaceFans.net, the team — previously known as Force India — has signed a branding agreement with Africa’s biggest sports betting company, Kenya-based Sportpesa.Racing Point was formed in 2018 when a consortium of investors led by Canadian billionaire Lawrence Stroll rescued Force India from administration.The deal is said to be worth million in its first year and million in 2020, with the possibility of a one-year extension after that, worth million. Having won his new term, the Cuomo was content for regulators to proceed.The regulations will now undergo a 60-day comment period, during which time the question of online betting will at least be raised.Failing that, there is likely to be legislation introduced this year in Albany that will advocate online betting, as well as authorizing wagering at the state’s racetracks and possibly elsewhere. valley forge casino blackjack

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