Could New York Green-Light Downstate Casinos? Lawmaker Says ‘Strong Possibility’
A New York lawmaker advocates for converting two racinos into downstate casinos, which could generate $1 billion in revenue for a state in economic turmoil.
Matthew Kredell reports on efforts to legalize sports wagering and online casino gaming around the country. He covered the multi-year effort to legalize online sports betting in New York from the beginning.
He talks to state lawmakers, lobbyists and industry representatives to get the scoop on new gambling developments in the Empire State and was at the forefront when the state budget included the authorization of legal online sports betting in 2021.
Matthew has covered the legal gambling industry since 2007, getting into regulated sports betting three years later.
An alum of USC, Matthew began his career as a sportswriter at the Los Angeles Daily News. He has also contributed to publications that include Playboy, Men’s Journal and ESPN.
A New York lawmaker advocates for converting two racinos into downstate casinos, which could generate $1 billion in revenue for a state in economic turmoil.
The New York gaming market study conducted by Spectrum Gaming Group shows that downstate casinos provide significant revenue potential.
As New York online sports betting readies for launch, lawmakers want to make sure regulators know they're keeping watch.
One casino owner isn't happy with Gov. Andrew Cuomo cutting casinos out of mobile sports betting in the New York budget.
Legal sports betting apps should be in the final budget for New York, but the plan will look more like Cuomo's plan than a casino-based one.
Facing an unbending governor in the final days of budget negotiations, the New York Senate has proposed a hybrid plan for mobile sports betting.