The bill is exclusively for online poker cash games and tournaments with 15% tax on players revenue. The New York Online Poker Bill will include a bad actor clause preventing poker sites that operated in the US after 31st December 2006 from qualifying for a license.
This is bad news for PokerStars and may affect their chances of getting into the Big Apple intrastate poker list of regulated poker rooms. Unregulated poker sites are will soon be liable for taxes and penalties
The population of New York is similar to New Jersey which is proving to be a success with several poker sites: PartyPoker, 888Poker, WSOP and Ultimate Poker.