Casino
December 9, 2025
Bally’s Boosts Financing to Advance New York Casino Plans
Bally’s Corporation has taken a big step to secure its New York State casino dreams, revealing a bigger financing package that increases its total loan commitments to $1.1 billion. Bally’s Taps Private Credit Providers for Expanded Multi-Layer Loan Deal The updated agreement, detailed in a new commitment letter that replaces an earlier deal from mid-2025, […]
Industry
December 8, 2025
New York Sets New Monthly Online Betting Revenue Record
New York’s online sports betting industry has continued to experience unprecedented success. According to the state’s latest revenue report, the online wagering sector smashed its monthly revenue record once again, this time reaching a staggering $280.6 million. New York Narrowly Missed a New Handle Record In November, New York’s online sports betting industry recorded revenue […]
Industry
December 8, 2025
New York Gov. Kathy Hochul Signs Sweepstakes Ban into Law
New York has dealt a huge blow to the sweepstakes industry by officially adopting a new measure banning the vertical. Under the Empire State’s new rules, sweepstakes casinos that use dual-currency systems will no longer be allowed to operate. The End of Sweepstakes in the Empire State The measure, Senate Bill 5935, was signed into […]
Industry
December 4, 2025
New York Bill to Ban Sweepstakes Advances to Governor’s Desk
A bill to ban sweepstakes-style casino platforms is now awaiting New York Governor Kathy Hochul’s decision, as lawmakers have granted final approval to the measure. Now the governor has until December 31 to either sign it into law or block it from taking effect. Bill Advances to the New York Governor’s Office State Senator Joseph […]
Casino
December 3, 2025
NJ Lawmaker Wants State to Compete with Newly Announced NY Casinos
New York will be introducing a number of new casinos across the Empire State, with three planned for NYC, two in Queens, and one in the Bronx. What this means is that there will be a lot more gaming floors up north from New Jersey, which is something the Garden State cannot leave unanswered, seeing […]
Casino
December 3, 2025
Genting’s New York Plans Spark Positive Predictions
Genting Malaysia’s efforts to get a full casino license for Resorts World New York City have led analysts to make optimistic forecasts. They believe the Queens venue will become a major player once it grows beyond its current slots-only operation. The proposal is now one of three that are coming close to getting the green […]
Casino
December 2, 2025
New York’s Casino License Race Enters Its Final Stretch
More than a decade after New York voters approved casinos in the downstate region, the long-winded selection process is finally nearing its end. On Monday, the New York Gaming Facility Location Board is expected to recommend licenses for all three remaining projects, paving the way for the long-delayed expansion of full-scale casino gambling in New […]
Casino
November 18, 2025
Resorts World Seeks Fairer Tax Terms in Tightening NY Casino Race
Resorts World is pushing New York officials to reconsider the tax plan for the long-awaited downstate casino licenses. This has sparked a late-stage debate about how much operators should pay to enter the country’s most sought-after gaming market. Sources close to the talks say the company intends to claim that its current bid puts it […]
Industry
November 10, 2025
New York’s New Bill Targets Prediction Markets with Strict Restrictions
New York’s Assembly Bill 9251, referred to as the Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act, aims to establish definitions, regulations, and limitations for the operation of prediction markets. AB 9251 Aims to Heavily Restrict Prediction Markets The bill’s key provision explicitly prohibits certain types of markets for users in […]
Casino
November 3, 2025
Resorts World New York City Promises $2.5B to MTA if Given Casino License
Resorts World New York City says it will give $2.5 billion to the Metropolitan Transportation Authority (MTA) from 2026 to 2029 if it wins one of the state’s sought-after downstate casino licenses this December. This amount tops the MTA’s own estimate of $1.8 billion in casino-related money during the same time frame. Resorts World Aims […]