The Latest in new york
Sports
March 29, 2023
New York Sports Betting Tax Is Likely Not Going Anywhere
The Empire State has made it clear that it intends to continue taxing the sports betting vertical with the original 51% tax rate, which was welcomed with grumping approval when companies found out that they would be allowed on the country’s most populous state, and flog their sports betting products there, but is now the […]
Casino
March 20, 2023
Hofstra Opposes Nassau Coliseum Site Casino Project
Hofstra University wrote an open letter concerning the proposed construction of a Las Vegas Sands casino resort at the Nassau Coliseum site in New York. The university highlighted the educational significance of the area and said that it opposes the project because of its proximity to numerous learning institutions. Hofstra Highlighted Its Activity in the […]
Legal
March 8, 2023
NY Resident Files Lawsuit against Caesars over Risk-Free Bets
Many online gambling and sportsbook operators offer lucrative sign-up offers, including “risk-free bets” and “free” bets. While US lawmakers are looking into the promotional advertising wording for sportsbooks trying to remove the “risk-free” verbiage from their promotional inducements, one New York resident decided not to wait and has taken action. Lachae Vickers is a resident […]
Casino
March 6, 2023
Consortium Revealed Renderings of Coney Island Casino Resort
The consortium behind the proposal to build a casino resort on Coney Island released renderings of the future building and amenities if they win one of the three available downstate casino licenses. Casino, Hotel, Convention Hall The consortium comprising Global Gaming Solutions (GGS), Legends Global Planning, Saratoga Casino Holdings, the Chickasaw Nation, and Thor Equities […]
Legal
March 6, 2023
Federal Court Arraigns Suspects in Illegal NY Gambling Ring
After law enforcement busted an illegal gambling ring operating in Rochester, New York, the alleged members have now been arraigned, a new report reveals. Six out of the seven alleged participants of the illegal gambling operation were arraigned in Federal Court on Friday, 13WHAM revealed. One of the defendants in the alleged multi-million-dollar illegal gambling […]
Legal
February 28, 2023
New York Gambling Regulator Approves New Rules for Betting Ads
The gambling regulator in New York, the New York State Gaming Commission, greenlighted new rules affecting sports betting marketing, promotions and advertising in the state. The announcement came Monday following a meeting of the regulator where the new rules received unanimous approval by the Commission. Now, the rules would go through a 60-day period for […]
Legal
February 27, 2023
Feds Bust Illegal Gambling and Betting Ring in New York
The defendants are believed to have been running an illegal gambling ring which operated in several verticals. The suspects are said to have facilitated various betting and gaming operations, including illegal poker games in Rochester and black market bets for sports betting events accepted through a website they had registered and worked with. Multiple Suspects […]
Legal
February 20, 2023
Efforts to Legalize Online Gambling in New York Continue
Online gambling or iGaming has been gaining popularity in the last decade. The global COVID-19 pandemic helped push the interest toward online gambling even further, yet, not many US states currently offer the activity. Keeping in mind the economic impact of the pandemic, New York enjoyed fresh tax proceeds after introducing mobile sports betting early […]
Casino
February 17, 2023
Kambi to Deliver On-Property Solutions to del Lago Resort & Casino
Supplier of sports betting technology and solutions Kambi Group announced today it has signed an agreement to provide del Lago Resort & Casino in Waterloo, New York, with its on-property sportsbook solution. New On-Property Partner The agreement between Kambi and the land-based casino owned and operated by horse racing and entertainment operator Churchill Downs Incorporated […]
Casino
February 16, 2023
Bally’s Enters the Race for the Limited New York Licenses
The New York State Gaming Commission recently opened the application bidding process for three new downstate casino licenses, and the list of applicants continues to grow. Bally’s is the latest operator to submit its proposal. While the operator’s project seems sound, it will have to compete with other industry heavyweights sporting equally compelling propositions. The […]