"New York" Tag Results

By Tomas Medon

No Love for Potential Times Square Casino Plans

November 15, 2022

A major casino chain and a real estate developer have recently suggested putting a Caesars Palace casino in the middle of New York City’s crowded Times Square. This, of course, has upped the ante in the race for the next casino license in town. The developer, SL Green Realty Corporation, and the gaming giant, Caesars […]

By Tomas Medon

New York City Downstate Casino Plans Move One Step Forward

October 6, 2022

On Monday, New York gambling authorities moved ahead with plans to expand casino operations in the New York City metropolitan region by appointing members to a board that would be responsible for approving the locations of said new casinos. Vicki Been, formerly of the New York City Housing Department, Quenia Abreau, formerly of the New […]

By Tomas Medon

United States Sports Betting Market Reaches $10 Billion Mark

July 21, 2022

Operators have brought in $10.004 billion in revenue since the U.S. Supreme Court struck down the federal prohibition on sports betting outside of Nevada. Those earnings generated $1.511 billion in taxes for licensed betting jurisdictions around the country. This equates to an effective tax rate of 15.1 percent across the board. It only took the […]

By Tomas Medon

New York Budget Confirms Plans for Three Downstate Casinos

April 12, 2022

The wait for a Las Vegas-style casino in New York is almost over. In the state’s recent $220 billion budget that was approved last Saturday, the lawmakers include licenses to not one, but up to three downstate casino licenses. All three will be full licenses. Each of them will be going for at least $500 […]

By Tomas Medon

Online and Mobile Sports Betting Finally Debut in New York

January 10, 2022

The long wait is finally over for the sports bettors in the Empire State. Last Saturday, the state ushered in the next era of betting with the arrival of legal and regulated online sports betting. As such, punters in the state will now be able to wager on their favorite sporting activities from wherever they […]

By Tomas Medon

World’s Largest Crypto Trading Floor Coming Alongside New York Casino

December 10, 2021

It is a truly exciting time to be alive especially if you are interested in emerging new trends in technology, business and entertainment. Crypto is one of these exciting developments and there is a lot to look forward to from that sector. Some of the biggest advancements might come as part of a casino in […]

By Tomas Medon

Kambi Among Companies Chosen for New York Mobile Betting

November 10, 2021

The sports betting sector in New York is shaping up very well. Recent developments are poised to make the state one of the largest with mobile sports betting. This could be a reality by February 2022 which is just in time for the Super Bowl. As expected, lots of operators have expressed interest in being […]

By Grant Mahon

New York Court Declares Fantasy Sports Contests Illegal

February 7, 2020

Daily fantasy sports operators like FanDuel and DraftKings have recently been dealt a huge blow after a New York State appeals court struck down various clauses of a law that authorized the activity in the state. The court’s ruling which was made last Thursday was the culmination of a lawsuit that was filed by Stop […]

By Ameana Jones

Yellow Brick Road Casino Launches eSports Competition

November 1, 2019

Nearly two months ago, the Oneida Indian Nation partnered with Scientific Games to debut a sports betting operation at Yellow Brick Road Casino. The sportsbook has been a success so far and its operators are already looking for new or fresh ways of make the gaming experience even better than it already is. Known as […]

By Elaine West

Monticello Raceway’s Casino Shutting Down on Tuesday

April 20, 2019

After a whopping 15 years in operation, the video-lottery terminals (VLTs) at the Monticello Casino & Raceway will finally be shut down by Empire Resorts next Tuesday. The announcement of the April 23 date for the shutdown of the casino operations was first announced in January through a Securities and Exchange Commission filing. The shutdown […]