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The Latest in new york
Legal
April 22, 2024
Cayuga Nation Takes NYSGC to Court over IGRA Violation
The Cayuga Nation was not amused to find lottery tickets being sold on its reservation. As a result, the tribe is taking the New York State Gaming Commission (NYSGC) to court. The tribal nation learned that lottery tickets were being sold on its reservation in the Finger Lakes region, violating its exclusive right to offer […]
Industry
April 19, 2024
Mafia Gambling Ringleader Pleads Guilty in New York City
An alleged associate of the Genovese organized crime family of La Cosa Nostra pleaded guilty to running an illegal gambling operation generating proceeds for the crime family earlier this week. The criminal case involved Salvatore Rubino, nicknamed “Sal the Shoemaker,” who collaborated with other members of the family and operated an illegal gambling ring from […]
Sports
April 19, 2024
NY Gambling Regulator Supports NCAA’s Call for Nationwide Prop Bet Ban
Amid the expansion of sports betting across the United States, prop bets, wagers that allow gamblers to place bets on different parts of a football game or the performance of specific athletes for example, rather than the outcome of the whole game, have been gaining popularity. Besides popularity among bettors, prop bets have gained notoriety, […]
Casino
April 19, 2024
NYC City Council Approves Zoning for Casino Legalization
New York State previously announced its plans to introduce three new downstate casino licenses. One of those licenses is expected to be awarded for New York City and there are plenty of leading gaming operators and developers who have already shown interest. Overall, there are nine bids for a casino license for the Big Apple. […]
Casino
April 18, 2024
Las Vegas Sands Discusses New York Licensing and Thailand’s Gaming Outlook
During Las Vegas Sands’ first-quarter earnings call, CEO Rob Goldstein addressed both setbacks in New York‘s licensing process and the company’s interest in Thailand‘s gaming potential, shedding light on its strategic outlook amidst evolving market dynamics. Las Vegas Sands Faces Extended Timelines in New York In response to delays in New York’s casino licensing, Goldstein […]
Industry
April 12, 2024
Wynn’s Hudson Yards Office-Casino Proposal Faces Community Board Opposition
In September 2022, Wynn Resorts and Related Companies joined forces in an effort to pursue a casino license in New York. The duo selected Western Yards at Hudson Yards for the site of the ambitious project. New York is expected to award a total of three new downstate casino licenses so the interest in the […]
Business
April 8, 2024
Genting Promises $1B in Taxes if Granted a Downstate NY License
As the battle for the three downstate casino licenses in New York continues, Resorts World New York’s owner, Genting Malaysia, has made a huge promise. According to the casino company, its property in the Empire State could create as much as $1 billion in annual taxes, if allowed to launch Vegas-style casino gaming. Resorts World […]
Industry
April 8, 2024
New York Sports Betting Sees Resurgence with $41.9M in Weekly Revenue
New York’s sports betting scene experienced a remarkable turnaround in the final week of March, with the New York State Gaming Commission reporting a substantial $41.9 million in adjusted gross revenue (AGR) from mobile operators. This figure marked a significant increase from the previous week, as the collective hold surged to 9.2%, up by over […]
Casino
April 3, 2024
Huge Jackpots Await Players at Empire City Casino
MGM Resorts’ Empire City Casino is offering its players the chance to win some life-changing prizes. The property is currently offering the second-highest jackpot in its history, providing guests with a shot at a seven-figure sum. The IGT Wheel of Fortune Triple Stars jackpot, according to the announcement, is currently standing at $1.6 million. While […]
Business
April 2, 2024
NY Betting Operators Post Uptick in Handle Fueled by March Madness
January 8, 2022, marked a monumental date for betting enthusiasts and sports fans alike in New York. This was the date when the state officially launched its online sports betting market, paving the way for the exponential expansion of the activity across The Empire State. Since the launch of mobile betting, more than two years […]