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Casino
April 3, 2025
Trump May Get $115M if Bally’s Secures Casino License in New York
President Donald Trump is often credited to be a prescient businessman, never mind his strings of bankruptcies and the embarrassing if not venal crash of the “Trump University.” Now, some of this business prescience is finally showing as POTUS may be in for a $115-million payday should New York City grant Bally’s Corp. a license […]
Industry
April 3, 2025
Metropolitan Park Casino Project Adds Affordable Housing Component
The joint venture between Hard Rock and Steve Cohen, the billionaire businessman and New York Mets owner, Slate Property Group, LLC and Queens Future LLC, announced its plans to develop hundreds of long-term affordable apartments as part of the massive project in Queens. $8BN Metropolitan Park Casino Project Includes Affordable Housing Hard Rock and Cohen […]
Legal
April 3, 2025
Real Prize Stops New York Operations Leaving Customers in the Lurch
New York users of Real Prize, a sweepstake casino run by RealPlay Tech, felt let down after the platform closed earlier than promised. The company had told users they had until March 28 to cash out their Sweepstake Coin (SC) balances before it left the state. However, reports and customer screenshots show that access ended […]
Legal
April 1, 2025
Publicly Owned Racetrack and Casino Settles Whistleblower Lawsuit
A former executive at a New York state-owned racetrack and casino, who testified against its employer and was subsequently fired, recently settled a years-long lawsuit. The legal battle involved Michael Nolan and the Western Regional Off-Track Betting Corp (WROTB), a publicly owned casino and racetrack. Former Executive Claims Harassment, Unlawful Termination Back in April 2019, […]
Casino
April 1, 2025
Coney Island Casino Bid Faces Amusement Industry Pushback
The owners of a popular Boardwalk amusement park on Coney Island in New York recently voiced their concerns regarding the proposed casino project. The developers behind the project, called “The Coney,” vowed to invest millions in the local community. Casinos and Amusement Parks Are like Oil and Water The proposed project is one out of […]
Industry
March 31, 2025
New York Lawmakers Endorse Citi Field Casino Proposal
There are nearly a dozen gaming and entertainment companies and coalitions planning their bid for one out of three casino licenses in New York. The process of securing one of the coveted licenses is complex and, for some bidders, requires rezoning of land. Such is the case for the proposal backed by the billionaire businessman […]
Sports
March 28, 2025
Bill Seeking to Strengthen Problem Gambling Awareness, Treatment Progresses in NY
A new bill seeking to form the so-called Problem Gambling Advisory Council has now been sent to the assembly for further consideration, which, if successful, will see it arrive at the governor’s desk before long. Senator Joseph Addabbo has been accustomed to making waves in New York’s gambling landscape, with the lawmaker’s latest draft bill […]
Industry
March 24, 2025
New York: Community Board Opposes Bally’s Bronx Casino Plan
As one of the likely bidders for a casino license in New York, Bally’s Corporation has joined the ongoing race together with nearly a dozen other interested parties. Considering that there are only three casino licenses, each bidder hopes to win one. Bally’s proposal for a new hotel and casino resort development is in the […]
Industry
March 24, 2025
Freedom Plaza Shares Vision for New York Green Space
With a total of three New York downstate licenses, a total of 11 entertainment and gaming companies have demonstrated interest in winning one. As competition is fierce, every potential bidder brings lots to the table, with most proposing investments in billions of dollars. Only recently, one of the license contenders, Mohegan, along with its partner […]
Casino
March 20, 2025
New York Senate Takes Steps to Ban Sweepstakes Gaming
The New York Senate Racing, Gaming, and Wagering Committee has given its full support to a bill that aims to outlaw online sweepstakes gaming. The committee’s approval moves the proposal to the Senate floor for more discussion. Senator Joseph Addabbo introduced the bill known as S5935. It looks to prohibit sweepstakes-style online gaming and also […]