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Business
January 16, 2024
Bally Links Erases All Traces of Trump’s Legacy
As former President Donald J. Trump’s civil fraud trial entered its closing arguments in Manhattan, a notable change occurred at the Trump Golf Links at Ferry Point in the Bronx. The golf course, now under new management by Bally’s Corporation, underwent a rebranding event attended by Mayor Eric Adams, revealing an updated sign that reads […]
Industry
January 15, 2024
Freedom Plaza Project Faces Opposition from Manhattan Community Board
Amid the ongoing race for three new downstate casino licenses in New York, proposed projects are facing challenges related to the Uniform Land Use Review Procedure (ULURP). The city previously tabled a proposal that called to avoid procedures under ULURP that would require casinos to go through a review process related to the land use. […]
Industry
January 12, 2024
Sen. Addabbo Officially Files iGaming & iLottery Bill in New York
True to his word, Senator Joseph Addabbo introduced a new iGaming bill in New York. The measure, dubbed Senate Bill 8185 was referred to the Racing, Gaming and Wagering Committee yesterday and seeks to authorize interactive gaming and interactive lottery gaming in The Empire State. Addabbo, who’s a staunch supporter of the launch of online […]
Casino
January 11, 2024
S&P Warns of Financial Risks for Bidders in New York Casino Permit Race
As the race for New York City casino permits intensifies, potential operators find themselves facing a high-stakes gamble not only for the coveted licenses but also in terms of financial risk. A recent report from financial analysts at S&P Global Ratings suggests that successful bidders may find themselves shouldering substantial debt burdens. Major Players Vie […]
Industry
January 8, 2024
Senator Addabbo Announces Second Attempt at Legalizing iGaming in New York
A long-time supporter of regulated gambling, Addabbo is gearing up for a fresh push to legalize online casino gaming in New York, introducing legislation for the second consecutive year. Although his previous attempt failed to gain traction, the Senator is optimistic, noting that now is the perfect time for the state to recapture mobile sports […]
Legal
January 8, 2024
New York: Sen. Joseph Addabbo Reintroduces iGaming Proposal
Several US states currently offer legal online gambling activities. The list includes New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. While Rhode Island is expected to launch its legal iGaming market this April, efforts in New York state continue. Last week, State Sen. Joseph Addabbo, a long-term supporter of the gambling expansion in the […]
Business
January 5, 2024
New York Betting Operators Set New $188.3M Revenue Record
Over the last few months, mobile sports betting operators in New York have reported exceptional results. The betting handle reported by the operators in October hit a $2 billion record, making the state the first one to surpass such a sum in wagers. Continuing this upward trend, November marked the second month in a row […]
Casino
December 18, 2023
NYC Community Boards Oppose Mayor’ Move to Streamline Casino Approvals
In a significant pushback against New York City Mayor Eric Adams’ ambitious plan to expedite casino approvals in New York City, Community Board 4‘s land use committee unanimously rejected the proposed amendment on December 13. Community Boards Challenge City Officials Over Casino Proposal Bypass Community boards, such as CB4 representing Hell’s Kitchen and Chelsea, play […]
Industry
December 15, 2023
New Yorker Wins $225K with $90 Bet at Tipico Online Casino
Every serious gambler envisions what it would be like to hit that big, life-changing win or scoop up the ultimate pot that could change their life one day. While some players are still daydreaming about it, New Yorker Pedro Montanez has seen it turn into a palpable reality. On November 22, the NY native wagered […]
Industry
December 12, 2023
NY Mobile Betting Reports $2B in Handle for the Second Month in a Row
The New York sports betting market continues to post record-breaking monthly results. As reported by the New York State Gaming Commission, sports betting operators in the state recorded betting handle of $2.1 billion in November. This exceeds October’s spectacular results when the industry also exceeded $2 billion in bets, becoming the first state to surpass […]
