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Sports
September 2, 2024
PENN Entertainment Ready for ESPN Bet NY Launch Within Weeks
The New York sports betting market has been eagerly anticipating the arrival of its newest member, ESPN Bet by PENN Entertainment. Sometime in August, company executives spoke about the end of the month as a probable launch date in the Empire State. However, things didn’t go as planned as the online sportsbook is still not […]
Industry
August 27, 2024
Coney Island’s Cyclone Roller Coaster Temporarily Closes
The legendary roller coaster in New York City’s Brooklyn, the Coney Island Cyclone, was temporarily shut down recently due to damaged equipment, owners Luna Park Coney Island confirmed Monday. The shutdown of the iconic wooden roller coaster that has been operating for nearly 100 years came after mechanical damage to a chain sprocket in one […]
Sports
August 15, 2024
DraftKings Lawsuit Over “Misleading” Risk-Free Wagers Dropped by Plaintiff
DraftKings has been in a tough spot. It mistakenly sent an email to its users that there had been an issue with their golf bets (even though many players had not bet on golf), causing a surge of panicked users to log in and temporarily overload the websites. DraftKings Gets Relief in New York Class-Action […]
Casino
August 13, 2024
Labor Unions Back Ambitious Times Square Casino Project
A proposal to establish a casino hotel in Times Square has recently gained the backing of 17 labor unions, marking a significant step forward for the ambitious project. Union Support Fuels Ambitious Plan by Caesars, SL Green, and Roc Nation to Reinvigorate Times Square This development comes as a major boost for the plan, which […]
Casino
August 12, 2024
Efforts to Accelerate License Bidding in Downstate New York Grind to a Halt
The legislation proposal meant to speed up the bidding for downstate casino licenses in New York has pretty much stopped in its tracks. People who know the industry and political scene agree that the bill is as good as dead. The bill intended to get bids rolling in by the end of August 2024. But […]
Legal
August 8, 2024
NY Illegal Gambling Ring Leaders Sentenced to Home Detention
Two men described as leaders of an illegal gambling ring that operated in New York were recently sentenced. The criminal case involved several individuals who previously pleaded guilty after a multi-agency effort resulted in the bust of the illegal gambling and betting ring. The extensive investigation uncovered that Louis P. Ferrari II co-conspired with Dominic […]
Business
July 31, 2024
WynnBet Exits New York, Downstate Casino Hopes Remain
WynnBet, one of the pioneers in the New York online sports betting market, will no longer be taking bets, heralding the coming of ESPN Bet to the Empire State. Wynn Is Winding Down Its Online Presence The Wynn-owned sportsbook stopped taking bets on Monday, putting an end to over two years of operation. New York […]
Industry
July 30, 2024
New York Bill Targets Advertising Rules for Online Sportsbooks
The statewide expansion of sports betting helped the activity reach millions of Americans in nearly 40 US states. Currently, approximately a dozen states are yet to legalize wagering on sports with the list including Minnesota, Texas and California, among others. With the expansion of wagering on sports came the need for stricter regulation of advertising. […]
Sports
July 29, 2024
FanDuel’s Mobile Sports Betting Revenue in New York Reaches $2B
FanDuel, a leader in digital sports betting, just hit a big win. The company has now made over $2 billion from mobile sports betting in New York alone. The New York State Gaming Commission shared this data for the week ending July 21. It took FanDuel 133 weeks to reach this big number showing how […]
Casino
July 26, 2024
New York Actors and Theater Workers Divided on Proposed Times Square Casino Project
A planned casino in Times Square has driven a wedge between New York theater worker groups as a planned casino in Times Square has driven a wedge between New York theater workers and actors as discussions surrounding possible new casino developments in downstate New York and New York City escalate. The International Alliance of Theatrical […]
