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Its citizens had already approved the legalization on an earlier ballot. Many gambling experts assumed that New York would quickly follow because it is neighbors with the Garden State and because it is in direct competition with New Jersey for gambling dollars. However, Carl Heastie, the speaker of the New York Assembly, stated earlier this month that he does not expect sports wagering to make it onto the legislative agenda until early next year, which means that the state is going to miss out on tax revenue from the projected $400 billion a year both legal and illegal betting can bring in. There are several different types of gaming currently available in New York state. As in California and other states in the United States, New York has several Native American casinos, which are located in different parts of the state. Other casinos are also allowed in the state and are located closer to the Finger Lakes, one of the state’s major tourism areas other than New York City. However, the state has not seen as much revenue as it had hoped from the casinos in the Finger Lakes Region. Two racetracks that allow betting are located in the New York metropolitan area. These are Belmont Park on Long Island, part of the Triple Crown of horse racing, and the Aqueduct Racetrack in Queens.

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