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Industry
April 21, 2023
Hard Rock Boss Paints Grim Picture About Future of Atlantic City
In January last year, New York launched its mobile sports betting market. Immediately the state set new records for betting handle, surpassing markets that had been operating for years. Then, the state sought to expand further the gambling options for residents and visitors, introducing a plan for three downstate casinos. Announced a few months ago, […]
Lottery
April 19, 2023
Two Jackpots from Mega Millions Drop in Less than a Week
You can’t win if you don’t play is a mantra that many gamblers tell themselves to continue to gamble. Without any doubt, jackpots are hard to hit, but given that enough players are interested, it appears that jackpots can also drop frequently. This is precisely the case for the Mega Millions jackpot that dropped twice […]
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 […]
