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Casino
July 25, 2024
LVS’s New York Casino Inches Closer to Reality
Las Vegas Sands has celebrated a major milestone, which brought it closer to the fulfillment of its NY casino plans. The company, which hopes to create an integrated resort at the Nassau Coliseum on Long Island, just secured a key approval from the Nassau Country Legislature Rules Committee. The approval greenlights a 42-year lease on […]
Casino
July 23, 2024
Politicians and Charities Oppose Wynn’s NY Casino Plans
Las Vegas Sands isn’t the only company to face difficulties in relation to its New York casino plans. Politicians representing the West Side of Manhattan have now also opposed Related Cos.’s plans to construct a Wynn-branded casino hotel in the High Line area. The Property Would Add Gaming to the High Line The planned property […]
Industry
July 19, 2024
Nassau County Residents Rally Against Las Vegas Sands Casino
On Thursday, Nassau County residents and community leaders gathered in protest against plans to establish the second-largest casino in the United States within their community. This rally comes on the heels of the unanimous vote by the Nassau Planning Commission to transfer control of the Nassau Coliseum to Las Vegas Sands, marking a vital step […]
Industry
July 10, 2024
New York Bill Requires Help Hotline on Mobile Betting Ads
More than two years have passed since New York launched its legal mobile sports betting market. Since then, the state surpassed many records for handle and revenue set in other states that have offered the activity for years. The unquestionable expansion came together with concerns about the potential negative impact of excessive betting. Amid the […]
Business
June 27, 2024
New York Casino Bidder Vows $250M Community Investment
With three new downstate casino licenses up for grabs in New York, competition is fierce. So far, several recognizable gambling and entertainment operators have shown interest in developing a casino. Companies interested in submitting a license bid can do so by July 31, 2024, while the three new licenses are expected to receive approval by […]
Industry
June 25, 2024
DraftKings Employee Accused of Information Leak, Aiding Extortion
A new lawsuit alleges a senior-ranking employee of DraftKings aided an extortionist, who threatened to kill a New York bettor and asked him to pay a substantial sum to a recognizable sports betting influencer. The case was reportedly filed with the Supreme Court in Queens County, New York, by a person who withheld his identity. […]
Industry
June 24, 2024
NY Assemblyman Criticizes the Lack of a New Tribal Compact
New York Governor Kathy Hochul’s inaction when it comes to forming a new gaming compact with the Seneca Nation of Indians doesn’t sit well with assemblyman Joseph Giglio. Despite being vital to the regional economy of Western New York, the compact seems to be low on the priority list of lawmakers. As a result, the […]
Lottery
June 20, 2024
USA Players Win Big Despite Missing $57M Powerball Prize
Players from New York, Georgia and other states have narrowly missed the $57 million Powerball jackpot during the latest drawing. However, the two players were still rewarded well for nailing quite a few numbers correctly. As of the time of this writing, there is no information about the stores that sold the winning tickets. The […]
Industry
June 14, 2024
Genting Is Still Considering NYSE or Nasdaq NY Listing
Genting Malaysia, a casino & hospitality giant, is still considering going public in New York. As a result, the company’s shares could potentially appear on the Nasdaq or New York Stock Exchange (NYSE). The matter was once again discussed at the recent annual meeting where Tan Kong Han, the casino giant’s president and chief operating […]
Industry
June 12, 2024
New York’s Three New Casinos May Generate Money for the MTA
A couple of years ago, New York lawmakers greenlighted a proposal that called for the creation of three new downstate casinos. The expansion of land-based gambling in the state seeks to bring economic stimulus, create new jobs and generate tax revenue. Yet, there wasn’t much progress since which is a prime reason why Assemblyman Gary […]
