The race to win one of New York State's coveted (and as yet, un-awarded) casino licenses heated up this week as officials from the Las Vegas Sands signed a 99-year lease deal for a proposed casino site at the Nassau Hub. Located in a high-income slice of Long Island, the deal is a big gamble…
Regulated sports betting in New York is off to a roaring start with operators reporting a record $1.2 billion worth of wagers placed in just the first 16 days of legal play. That represents a new record for fastest US State to hit the $1 billion mark and validates predictions that New York is destined…
For many years, operators, suppliers, and of course affiliates have been hoping that New York would embrace legal mobile sports betting. That moment has now come, with the state taking its first legal sports bets on 8 January. But despite having huge potential, it’s not necessarily going to be an easy ride for affiliates looking…
New York state lawmakers approved a new budget that includes a plan for limited mobile sports betting by 2022. It's a plan that could open up one of the largest sports betting markets in the country. It's also a plan that leaves plenty of unanswered questions such as how do tribal gaming interests fit into…
Former New York Governor David Patterson thinks that new casinos could be the Empire State's ticket out of COVID-related financial catastrophe. As such, he's promoting a plan that would see three new casinos in the state, but he's going to need some serious political help if the plan is going to come to fruition. Patterson,…
American professional sports teams, especially in the NFL, are generally not big fans of regulated sports betting. They believe that even regulated markets can open the doors to widespread cheating, game-fixing and pure debauchery. But behind their dire predictions for chaos one can usually find a request for a piece of the action. Such was…
Ever since regulated sports betting began its march across the state houses of US States, professional sports leagues have wanted a piece of the action in the form of so-called integrity fees. These fees, in the fever dreams of league commissioners, usually involve a .25-.50 percent cut of every wagers that would be used for…
What would the US online poker market look like if the fourth-largest state in the Union offered up regulated online gambling? That's a question that New York State Assemblyman Gary Pretlow is pushing hard to find out the answer to. Pretlow is the sponsor of A 5250, a measure that if passed passed, would open…
Move over Nevada, there's a new gambling tax revenue king in the United States of America, Pennsylvania. The Keystone state is now besting the Battle State by more than $500 million in revenue, according to a recent report from the American Gaming Association (AGA). Pennsylvania's popular casinos brought in more then $1.38 billion in tax…
The New York State attorney general has ordered daily fantasy sports (DFS) sites to stop taking action from NY players in a move that could absolutely cripple the once high-flying sports betting niche. On Tuesday, NY AG Eric Schneiderman to stop taking "bets" (his words) from NY residents in a cease-and-desist letter delivered to lawyers…
