Recreational Marijuana Bill Still being Discussed & On-line Sports Betting Legislation is Dead

As we go to press, the New York State legislature is still discussing the legalization of recreational marijuana.  At this point, there is about a 40% chance of some version of the bill passing. Time is running out as the legislative session is scheduled to end tomorrow, June 19th.  (It always gets extended).

Speaking of odds, it looks less likely an on-line sports betting bill will pass this year.  Earlier in the session the Governor argued that an amendment to the NY State Constitution was needed.  This became the subject of debate during the session.  With time running out, the chances of a bill passing go down.

 

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