Finish line in sight As expected, the five-person New York Gaming Facility Location Board has recommended that each of the three remaining applicants for full, resort-style casinos in New York City be granted licenses. The board advanced all three – Bally’s, Hard Rock Hotel & Casino, and Resorts World New York City – to the… Read more »
Reevaluated the economics In a stunning turn of events, MGM has withdrawn from the race for one of three casino licenses for downstate New York. In a press release, MGM Yonkers, Inc. said, “….the competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3 billion investment.” “The newly… Read more »
Freedom from a casino Those who wanted a big, glitzy casino in Manhattan have had a rough few days. With the local Community Advisory Committee (CAC) voting against the Freedom Plaza casino proposal Monday morning, every Manhattan possibility for the three downstate New York casino licenses has been rejected. The casino plan, which would have… Read more »
In the world of poker, there is only one scoreboard that matters – how much money have you won? With this fact in mind (and before the start of the 2025 World Series of Poker), Poker News Daily has headed over to The Hendon Mob poker database with a critical question: Who are the all-time… Read more »
Part of the lease sale With only about two months before the deadline to submit New York City casino proposals, the Associated Press noticed a detail with one of the competitors that is, at the very least, quite interesting. Bally’s, which wants to build one of three downstate casinos in the Bronx, will have to… Read more »
When it comes to gaming in the States of America, you certainly have fifty different approaches to it. A couple (Utah and Hawaii) outright ban the activity, online or live, although Hawaii is looking to change that. Every other state, through lotteries, DFS, online sports betting, or full-on casinos (online or live), has established regulatory… Read more »
New York State Senator Jessica Ramos has effectively blocked a proposal from New York Mets owner Steven Cohen to build a casino to build a casino next to the Mets’ stadium, Citi Field. On Tuesday, Ramos issued a statement saying that she will not introduce legislation to allow for the rezoning of parkland to make… Read more »
It has become almost as agonizing to watch the state of New York dance with online poker as it is watching California. For years both states have dallied with the notion of passing online poker legislation, only to turn away from the industry that potentially could net them billions in tax revenues. Could that be… Read more »
When one thinks of home poker game robberies, one usually thinks of some underground game in a sketchy part of the city or a rival gang hitting a mafia game. That wasn’t at all the case late at night on Easter Sunday, when a regular neighborhood game was hit by armed robbers in Sayville, Suffolk… Read more »
It has been a long road from the U. S. Supreme Court’s decision to overturn PASPA, the Professional and Amateur Sports Protection Act, in 2018. In that time, many states have enacted laws regarding iGamng, while others have gone the full route and passed online casino regulations, online poker, and sports betting. So, with the… Read more »
Workers fear job losses New York State Senator Joseph Addabbo has been trying to get online casino gambling legalized in the Empire State years, having once again introduced a bill in January. But now, employees at Resorts World casino in Queens are expressing their anger about it, signing a letter to the politician to let… Read more »
Might want to get the paperwork Atlanta-based daily fantasy sports operator PrizePicks has agreed to a settlement with the New York State Gaming Commission in which it will pay a $15 million fine and stop offering real money contests in the state. It will continue to offer free-to-play games. The agreement says that PrizePicks has… Read more »
New York state of mind Penn Entertainment is acquiring the New York sports wagering license of Wynn Interactive Holdings. Specifically, Penn is buying WSI US, LLC, the entity that technically owns the license, for $25 million. Penn will use the license to launch ESPN BET in the state. “This is an important development that will… Read more »
Not dead, not really alive It looks like it could be another year without online casino and online poker in New York. At least so far. Though state Sen. Joseph P. Addabbo, Jr. introduced a bill to legalize online casino, poker, and lottery games last week, none of those were included in Governor Kathy Hochul’s… Read more »
In an east coast echo of what happened to MGM Resorts International last month, New York casinos were hit by what is being called a “cybersecurity event” last week. Fortunately, it sounds like whatever the problem was has been solved and things are back to normal. There are fewer details as to what exactly happened… Read more »
Come on, man There are insane promotions and then there are absolutely mind-numbing, someone must have done it on a dare insane promotions. This past weekend was opening weekend for the NFL, the most wonderful time of the year for sportsbooks. Monday was also September 11, the 22nd anniversary of the terror attacks that killed… Read more »
As the competition heats up for the three retail casino licenses in New York City, so does the opposition to Las Vegas Sands’ site proposal. In an open letter, the Trustees of Hofstra University expressed their disdain for LVS’ plan to build a casino in the area around Nassau Veterans Memorial Coliseum, known as the… Read more »
Plaintiff says ads were deceptive As the number of states in which sports betting is legal approaches 40, the hottest topic in the industry right now is arguably the ethics surrounding advertising and promotions. And now Caesars is in the spotlight, sued by a customer who claims the company’s sports betting ads were deceptive. Filed… Read more »
Just over a year since New York legalized sports betting, the New York State Gaming Commission (NYSGC) approved new restrictions on advertising. The rules by and large forbid sports betting marketing to underage individuals. The regulations will not take effect for 60 days, as they must first go through a public comment period. Among the… Read more »
Skill game, not luck If nothing else, you’ve got to commend New York State Assemblyman J. Gary Pretlow for his persistence. On Tuesday, Pretlow introduced a bill that would legalize online poker something, he has tried nearly every year for about a decade. Pretlow’s tactic is to classify poker as a game of skill, therefore… Read more »
Whales aren’t always the primary target As competition for one of three New York City casino licenses heats up, The New York Times published a story this week detailing the often sad scenario that is New York casinos’ big target demographic: elderly Asian immigrants. While casinos send buses to Asian communities in New York City… Read more »
If you have been around the online gaming world for any length of time, you have seen the exorbitant bonuses that some online casinos, poker rooms, and other gaming outlets will offer new customers. These bonus offers can often be in the hundreds of dollars, enticing people to get in the action. The state of… Read more »
Just when you think that the season is done for the World Series of Poker, they come back into the game. The organization recently announced the schedule for the World Series of Poker Europe’s triumphant return, and they aren’t done with that. WSOP officials have now announced that they will be going online for two… Read more »
Bally’s is banking on the quality of its Bally Bet product being the draw when it enters the New York and Arizona online sports betting markets. While most operators try to jump into a new market on day one or at least as quickly as possible, Bally’s is taking its time. In last week’s earnings… Read more »
There were some happy sports betting operators this past weekend, as New York online sports betting finally launched. One of the most coveted markets in the country, New York is the fourth-most populous state with an estimate 19.5 million residents, plus loads who commute to the state for work every day. It ranks behind only… Read more »
