As the NFL season nears its midway point, the New York Gaming Commission is about to complete a key procedural step in the state’s competitive mobile sports betting bidding process by early next week.
Bidders for a coveted mobile license in the Empire State will have until 5 p.m. on Monday to amend a so-called “pricing matrix” enclosed in the applications submitted by participating sportsbook operators in early August. The modified pricing matrix within the amended applications must conform with the commission’s “final tax rate matrix” for selecting bidders, according to a statement released by the commission Wednesday night.
Applicants that fail to amend their pricing matrix to reflect the final tax rate matrix will be disqualified, the commission advised in the statement.