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Industry
January 23, 2023
New York Senate Bill Seeks to Expand Betting Further
The Empire State, which has one of the toughest taxes on gambling and betting, can further benefit from expanding its industry, the senator believes. Sen. Addabbo proposes that online sportsbooks be allowed to accept wagers on fixed-odds horse racing. Addabbo Outlines Additional Betting Options for NY Another proposal is the installation of self-serving kiosks at […]
Industry
January 18, 2023
Sen Addabbo Proposes More Online Sportsbooks, Lower Tax Rates
Online sports betting has been legal in New York for about a year now. The market is flourishing but some politicians are seeking to expand it further, which would result in a decrease in tax rates. Senator Addabbo Wants to Welcome More Sportsbooks into the Empire State Introduced by Senator Joe Addabbo, SB S1962 is […]
Casino
January 12, 2023
Las Vegas Sands Unveils Plans for Massive IR Project in New York
The announcement came Thursday and sees Sands plan a massive entertainment, hospitality and casino location that is expected to boost the local economy and create jobs. Sands Plans Massive Project in Downstate New York Judging by a statement released by the company, it has already entered into agreements for a long-term lease of a site […]
Casino
January 11, 2023
NY Officer Faces Charges of Tipping an Illegal Gambling Operation
The Department of Justice issued a statement Tuesday revealing that Thomas J. Loewke, 51, a Rochester resident, was arrested over allegations of obstructing an investigation. Ex-cop Allegedly Tips Illegal Gambling Operation about Probe Loewke used to be a Sergeant with the New York State Police when he was contacted by a Trooper with details regarding […]
Casino
January 9, 2023
Senator Addabbo Talks about New York’s Three Newly Planned Casinos
The New York Gaming Facility Location Board officially opened the process for three new full casino licenses. Several companies have already expressed interest in opening venues in prime locations, so competition is already heating up. Long-time gambling proponent Sen. Joseph Addabbo used the opportunity to discuss the process and share his insights on the future […]
Casino
December 30, 2022
Resorts World Hudson Valley Casino Opens in New York
The casino is situated in the Newburgh Mall and promises to provide long-term employment opportunities and attract many new guests and visitors. Newburgh residents expressed optimism that the extra business will help revitalize the local community. The Casino Will Be a Boon to the Local Community Resorts World Hudson Valley opened with fanfare on 28 […]
Casino
December 20, 2022
Local Businesses Coalition Supports New Caesars Times Square Casino
CBTS, a coalition comprised of theatre workers, local business owners, hotels, construction firms, and other stakeholders operating in Times Square and the vicinity, has voiced its support for the licensing of Caesars Entertainment’s latest gaming and entertainment project at the iconic Times Square in New York pointing out that it will boost all businesses surrounding […]
Business
December 12, 2022
Sportsbooks in New York Enjoy Record $148.2M GGR in November
November marks another strong month for regulated mobile betting operators in New York, data released by the gambling regulator in the state reveals. The New York State Gaming Commission, the body tasked with the regulation of sports betting in the state, released its latest report, outlining that both betting handle and mobile sports betting gross […]
Sports
December 2, 2022
NY Senator Asks Regulator to Clamp Down on “Predatory Sportsbook Bonuses”
Chair of the Senate Committee on Alcoholism and Substance Abuse Pete Harckham has worked on a bill asking the State Gaming Commission to clamp down on “predatory sportsbook bonuses.” The newly introduced Senate Bill 9605 requires the state regulator to promulgate a series of “rules and regulations” in connection to “predatory sportsbook bonuses in mobile […]
Casino
November 24, 2022
Group Submits Coney Island Casino Proposition
Yet another group of casino companies has joined the race for obtaining one of the upcoming downstate casino licenses in New York. A group spokesperson teased that the operators plan to build a new casino on Coney Island. The Group Proposed Building a Coney Island Casino The group behind the idea for a casino on […]
