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Business
January 27, 2021
New York State Gaming Market Holds Potential to Grow, Says Study
The New York State Gaming Commission announced the results of a new study that analyzed the economic, demographic, and commercial factors impacting the gaming industry in the state. The study, conducted by Spectrum Gaming Group, found that besides the growth in the gaming sector achieved between 2015 and 2020, the gaming industry holds potential to […]
Industry
January 27, 2021
New York Authorizes Digital Sale of Lottery Tickets
New York has authorized the sale of lottery tickets online, allowing consumers to purchase scratch-off cards and withdraw rewards via their mobile devices. Lottery Goes Digital in New York On Tuesday, New York regulators have announced that the state lottery will begin offering mobile scratch-off tickets to consumers in a bid to bolster gambling revenue […]
Casino
January 20, 2021
Andrew Yang Pitches Casino Plan for Governors Island
New York mayoral candidate, Andrew Yang, pitched the idea about the creation of a casino on Governors Island. Over a radio discussion for the Breakfast Club, Mr. Yang shared that such a venue may be an engine of recovery for New York City, attracting more tourists and generating revenue for the city. Casino on Governors […]
Legal
January 20, 2021
New York Gov. Stands by Monopoly Model for Sports Betting
Gov. Andrew Cuomo has once again dampened the hopes that New York will see a liberal mobile sports betting market. In his latest address, the governor said that he prefers the state lottery to run the business. New York Not Getting Mobile Betting Just Yet New York Gov. Andrew Cuomo has been flirting with the […]
Legal
January 14, 2021
State of the State: Vague Mobile Sports Wagering Details
Legal mobile sports betting in New York is hot on the state’s legislative agenda, but some people with vested interests in the industry and sports bettors in general were left with not much detail to ponder after Gov. Cuomo delivered his State of the State address on Monday morning. Mobile Wagering Needs Legalization Ahead of […]
Industry
January 13, 2021
New York Gross Sports Betting Revenue Down in December
The New York State Gaming Commission released December sports betting figures, revealing sports wagering activities in the state accounted for $2.3 million. Following on the modest increase in November, the December figure confirmed New York ended 2020 on a down note. Double-Digit Decrease in Gross Revenue The December gross sports betting revenue decreased by 13.8% […]
Insider
January 13, 2021
888’s Yaniv Sherman: “Time Is of the Essence to Come up with an Agreement”
In what are monumental times for the US sports betting market, we spoke with one of the key stakeholders in the New York betting market amid the renewed push for the legalization of mobile sports betting in the Empire State. 888 SVP, Head of U.S. Yaniv Sherman sat down with us for a Q&A sharing […]
Legal
January 9, 2021
NY Governor Andrew Cuomo Unveils Sports Betting Proposal
New York Governor Andrew Cuomo announced his proposal to legalize sports betting prior to his 2021 State of the State address on Monday. One Online Sports Betting Operator New York Governor Andrew Cuomo unveiled Wednesday his proposal to authorize mobile wagering as part of the 2021 State of the State address Monday 11. The proposal […]
Sports
January 9, 2021
NY Mobile Sports Betting Bills Not What Cuomo Has In Mind
Mobile sports betting regulation is again in the focus of New York lawmakers, after long-term supporters of the measure Sen. Joseph Addabbo and Assemblyman Gary Pretlow filed bills SB1183 and A1257 on January 7. Looking to introduce amendments to the state’s Racing, Pari-Mutuel Wagering and Breeding Law and allow casinos to offer mobile wagers, the […]
Sports
January 9, 2021
New York State Gambling Commission Needs Overhaul Before Legalization of Sports Betting
New York can begin legalizing and regulating online sports betting but the New York State Gambling Commission may first need an overhaul. Regulator Needs An Overhaul New York Governor Andrew Cuomo has announced that the state is finally ready to begin the process of legalizing and regulating online sports betting. However, the New York State […]