Legal
April 11, 2022
New York Approves Three New Casino Licenses Ahead of Schedule
Legislators in New York green-lighted plans for three new casinos in the state as part of the $220 billion one-year state budget they approved on Saturday that was passed into law on the same day following the signature of Gov. Kathy Hochul. Speeding up Phase 2 The three casinos are part of the New York […]
Sports
April 11, 2022
New York Sportsbooks Collect $1.63B in Betting Handle for March
The New York betting results for March are in with the Gaming Commission (NYSGC) reporting a good total amount of betting handle placed on some of the big events during the month. According to the regulator, a total of $1.63 billion was placed between March 1 and March 31. Sports Betting Continues to Score Strong […]
Sports
April 7, 2022
The Seneca Nation Spent Thousands on State Criticism Ads
The Seneca Nation of Indians is spending tens of thousands of dollars on commercials to criticize New York Gov. Kathy Hochul for spending taxpayer money on Buffalo Bills new stadium, local media Spectrum News reported. Handouts to the NFL According to the advertisement information by outlets provided in the media report, the Seneca Nation spent […]
Casino
March 28, 2022
NY Casino Pitches Rile Locals Who Oppose Casinos in Their Backyards
The race for a new casino property in New York City is heating up with many properties, companies, and individuals bidding for the rights to open the first casino that will include live gaming. One of those bidders is The Water Club located on 30th Street and the East River in Kips Bay, but the […]
Sports
March 23, 2022
New York Top Court Sides with Fantasy Operators, DFS Not Gambling
Betting companies and gaming operators in New York secured another victory on Tuesday after the State Court of Appeals sided with FanDuel and DraftKings, agreeing that the fantasy contests that these two – and other – operators run, are perfectly legal and allowed under the Empire State constitution. DFS Not a Game of Chance Last […]
Sports
March 21, 2022
March Madness First Week Numbers Put FanDuel at the Top of the NY Market
Sportsbooks in New York are showing no signs of slowing down, especially with March Madness taking over the scene. The statistics for the period between March 7 and March 13 are in and according to the numbers, FanDuel is leading the NY market. FanDuel’s Handle Share Reached 43% FanDuel by Flutter Entertainment proved to be […]
Sports
March 14, 2022
New York Bags $1.5B in February amid Temporary Betting Lull
After the initial sports betting bonanza, the New York sports betting market cooled off a little in February, posting slightly lower results according to analysts from PlayNY.com, a Catena Media property. Never mind the drop in the sports betting handle, the Empire State still ended up with the second-highest total on record in the United […]
Legal
March 9, 2022
Second Online Casino Gaming Bill Introduced in New York
The New York Assembly has been introduced with a second bill seeking to legalize interactive casino gaming in the state. Sponsored by Assemblyman Gary Pretlow, A09436 is now joining the previously proposed S08412 by Sen. Joseph Addabbo. Operators and Independent Contractors The partisan bill that was introduced this Monday by Assemblyman Gary Pretlow defines interactive […]
Legal
March 7, 2022
New York State Bills Suggest Reduction of Mobile Betting Tax Rate
One of the hot-button topics in New York at the turn of the year was the taxation rate for the sports betting industry and specifically, its mobile betting branch. Now, a group of state lawmakers is looking to tweak the numbers and give the industry more in the way of breathing room, add fresh licensees, […]
Industry
February 28, 2022
New York Senate May Pass Bill to Authorize iGaming in the State
US Senator Joseph P. Addabbo Jr. presented the US Senate with a new bill that, if passed, would make interactive gaming legal in the state. The bill was introduced in the context of a continuously growing market for sports betting online that has exceeded the $2-billion milestone since the beginning of the year when the […]