Legal
June 15, 2023
MGM Disputes Accusations of Exploiting New Yorker’s Gambling Addiction
MGM Resorts International is refuting allegations made by Sam Antar, a New York City man who claims that MGM took advantage of his gambling addiction. MGM argues that Antar is a convicted fraudster who has victimized multiple individuals in the past and is now attempting to falsely accuse the company. MGM Resorts Files Response and […]
Industry
June 12, 2023
New York Sports Betting Revenue Surges in May
The latest figures from the New York State Gaming Commission reveal a remarkable $151.9 million in revenue, demonstrating the robust demand for sports betting and the enduring engagement of local bettors. The sector’s substantial momentum indicates a market that still has the potential to grow as operators consolidate their positions and fight the competition despite […]
Casino
May 30, 2023
Related Companies Hints $10bn Downstate New York Casino Plan
Seeking to expand gambling in New York, the state confirmed plans for three downstate casinos earlier this year. The competition is fierce, given that only three licenses are planned but two of them are likely to be secured by existing racinos. This means that it is quite likely major gambling industry players to compete for […]
Casino
May 26, 2023
Tom Reeg: Caesars Palace Times Square Is a “Worthwhile Prize”
Tom Reeg, Caesars Entertainment’s chief executive officer, provided some interesting insights into his company’s plans for a Times Square casino. In an interview with Tara Rosenblum, a News 12 senior reporter, Reeg talked about what will make the property so special. Caesars’ bid for a Times Square casino comes as New York plans to provide […]
Casino
May 24, 2023
Las Vegas Sands Secures 99-Year Lease for New York Casino
Amid the growth of sports betting and its ongoing statewide expansion, New York recently unveiled plans to expand further its gambling options by introducing three downstate casinos. The ambitious project immediately captured the attention of gambling industry giants such as Bally’s, Caesars, Mohegan, as well as Las Vegas Sands. Now, a new report by NBC […]
Casino
May 19, 2023
Cohen Reluctant on Signing Parking Deal with NYCFC Because of Casino Ambitions
Steve Cohen, an American hedge fund manager and owner of the New York Mets MLB franchise, has refrained from signing a deal with New York City FC to share a certain 50-acre parking lot. The billionaire, who is planning to use the land for a future casino, has not agreed to a deal that would […]
Casino
May 11, 2023
Jay-Z’s Roc Nation Turns to New Yorkers for its Times Square Casino Bid
Roc Nation, the service entertainment agency founded by Jay-Z, turned to the people of New York City to promote its bid to build a casino on Times Square. New Destination Will Benefit Everyone Roc Nation addressed the public in an open letter on Thursday, seeking to provide details about its bid for a new gaming […]
Business
May 9, 2023
New York Mobile Sportsbooks Enjoy Betting Handle Growth in April
The gambling regulator in New York, the New York State Gaming Commission, has announced its latest report, outlining the performance of mobile sports betting operators in April this year. Judging by the latest figures, sportsbooks enjoyed a busy month with mobile betting handle hitting $1.54 billion, marking an increase when compared to the corresponding period […]
Casino
May 8, 2023
Hofstra Slams Las Vegas Sands’ NY Casino Plans
The conflict between Las Vegas Sands and Hofstra University continues. More than a month after submitting an open letter concerning the proposed construction of Sands casino resort at the Nassau Coliseum site in New York, the university urged local lawmakers to block the construction. As reported by nypost.com, Hofstra’s president, Susan Poser, believes that the […]
Casino
May 3, 2023
The Seneca Nation Seeks Public Support for a Fair Compact
The owner of casino properties in Salamanca, Buffalo and Niagara Falls, the Seneca Nation, is organizing community support events, urging the public to help the tribe ensure the continued operation of their three casino properties. Organizing Public Support Events The Seneca Nation announced it would hold community support events throughout May during which the public […]
