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Business
July 31, 2024
WynnBet Exits New York, Downstate Casino Hopes Remain
WynnBet, one of the pioneers in the New York online sports betting market, will no longer be taking bets, heralding the coming of ESPN Bet to the Empire State. Wynn Is Winding Down Its Online Presence The Wynn-owned sportsbook stopped taking bets on Monday, putting an end to over two years of operation. New York […]
Industry
July 30, 2024
New York Bill Targets Advertising Rules for Online Sportsbooks
The statewide expansion of sports betting helped the activity reach millions of Americans in nearly 40 US states. Currently, approximately a dozen states are yet to legalize wagering on sports with the list including Minnesota, Texas and California, among others. With the expansion of wagering on sports came the need for stricter regulation of advertising. […]
Sports
July 29, 2024
FanDuel’s Mobile Sports Betting Revenue in New York Reaches $2B
FanDuel, a leader in digital sports betting, just hit a big win. The company has now made over $2 billion from mobile sports betting in New York alone. The New York State Gaming Commission shared this data for the week ending July 21. It took FanDuel 133 weeks to reach this big number showing how […]
Casino
July 26, 2024
New York Actors and Theater Workers Divided on Proposed Times Square Casino Project
A planned casino in Times Square has driven a wedge between New York theater worker groups as a planned casino in Times Square has driven a wedge between New York theater workers and actors as discussions surrounding possible new casino developments in downstate New York and New York City escalate. The International Alliance of Theatrical […]
Casino
July 25, 2024
LVS’s New York Casino Inches Closer to Reality
Las Vegas Sands has celebrated a major milestone, which brought it closer to the fulfillment of its NY casino plans. The company, which hopes to create an integrated resort at the Nassau Coliseum on Long Island, just secured a key approval from the Nassau Country Legislature Rules Committee. The approval greenlights a 42-year lease on […]
Casino
July 23, 2024
Politicians and Charities Oppose Wynn’s NY Casino Plans
Las Vegas Sands isn’t the only company to face difficulties in relation to its New York casino plans. Politicians representing the West Side of Manhattan have now also opposed Related Cos.’s plans to construct a Wynn-branded casino hotel in the High Line area. The Property Would Add Gaming to the High Line The planned property […]
Industry
July 19, 2024
Nassau County Residents Rally Against Las Vegas Sands Casino
On Thursday, Nassau County residents and community leaders gathered in protest against plans to establish the second-largest casino in the United States within their community. This rally comes on the heels of the unanimous vote by the Nassau Planning Commission to transfer control of the Nassau Coliseum to Las Vegas Sands, marking a vital step […]
Industry
July 10, 2024
New York Bill Requires Help Hotline on Mobile Betting Ads
More than two years have passed since New York launched its legal mobile sports betting market. Since then, the state surpassed many records for handle and revenue set in other states that have offered the activity for years. The unquestionable expansion came together with concerns about the potential negative impact of excessive betting. Amid the […]
Business
June 27, 2024
New York Casino Bidder Vows $250M Community Investment
With three new downstate casino licenses up for grabs in New York, competition is fierce. So far, several recognizable gambling and entertainment operators have shown interest in developing a casino. Companies interested in submitting a license bid can do so by July 31, 2024, while the three new licenses are expected to receive approval by […]
Industry
June 25, 2024
DraftKings Employee Accused of Information Leak, Aiding Extortion
A new lawsuit alleges a senior-ranking employee of DraftKings aided an extortionist, who threatened to kill a New York bettor and asked him to pay a substantial sum to a recognizable sports betting influencer. The case was reportedly filed with the Supreme Court in Queens County, New York, by a person who withheld his identity. […]
