NY Gambling News - Latest on Sports Betting & Online Gambling

Does It Make Financial Sense For New York Policymakers To Expand Online Sports Betting?

If New York sports betting expands to include more operators, would it make more financial sense to do so at the current 51% tax rate or at a lower figure?

Posted on: March 22, 2022 | | Mike Mazzeo

Daily Fantasy Sports Deemed Constitutional In New York By Appeals Court

The New York Court of Appeals has deemed daily fantasy sports to be constitutional, the court said a 58-page decision released Tuesday.

Posted on: March 22, 2022 | | Mike Mazzeo

Momentum Builds On NY Gaming Front As Budget Deadline Nears, But Questions Remain

With the April 1 deadline looming for the New York State Budget, questions remain surrounding downstate casinos, sports betting expansion and online casino.

Posted on: March 21, 2022 | | Mike Mazzeo

Conference Tournament Week A Hit With New York Sports Bettors

From March 7-13, NY online sportsbooks saw $406.4 million in total bets, which could be a sign of how popular NY March Madness will be.

Posted on: March 18, 2022 | | Mike Mazzeo

March Madness Buffalo Host First Second Rounds NY Sports Betting

Will NCAA Tournament Champion Start Its Journey In Buffalo? UConn Has Done It Before

Eight NCAA Tournament teams start the 2022 March Madness in Buffalo. Could any of them win the national title? Connecticut has before.

Posted on: March 16, 2022 | | Grant Lucas

New York Casino License Fee, Tax Rate Deemed ‘Ridiculous,’ ‘Really Steep’

The $1 billion licensing fee and 45% tax rate on slots have, rankled individuals who want downstate NY casinos.

Posted on: March 16, 2022 | | Mike Mazzeo

Colgate Raiders Back Dancing In NCAA Tournament, Looking To Create March Madness

The No. 14 Colgate Raiders make their fifth appearance in the NCAA Tournament but face long odds versus the No. 3 Wisconsin Badgers.

Posted on: March 15, 2022 | | Grant Lucas

51% NY Sports Betting Tax Rate Not Changing

Will 51% Tax Rate For NY Online Sportsbooks Change? Maybe Not

Sen. Joe Addabbo confirmed to PlayNY that sportsbooks would still pay a 51% tax rate even if New York online sports betting increases to 16 operators.

Posted on: March 14, 2022 | | Mike Mazzeo

Downstate NY Casino Licensing Senate Budget

One-House Senate Budget: NY Downstate Casino Licenses To Cost At Least $1 Billion

One plan, with the backing of local lawmakers, would have Resorts World NYC and MGM Empire City turn from video lottery terminals to full-fledged casinos.

Posted on: March 14, 2022 | | Mike Mazzeo

NY Sports Betting Apps Expansion Assembly One-House Budget

NY Assembly One-House Budget Includes Online Operator Expansion, Minority Inclusion

As per the Assembly one-house budget, the New York State Gaming Commission would award up to 16 licenses to online sportsbooks in New York.

Posted on: March 13, 2022 | | Mike Mazzeo

NY Online Gambling News

Does It Make Financial Sense For New York Policymakers To Expand Online Sports Betting?

Daily Fantasy Sports Deemed Constitutional In New York By Appeals Court

Momentum Builds On NY Gaming Front As Budget Deadline Nears, But Questions Remain

Conference Tournament Week A Hit With New York Sports Bettors

Will NCAA Tournament Champion Start Its Journey In Buffalo? UConn Has Done It Before

New York Casino License Fee, Tax Rate Deemed ‘Ridiculous,’ ‘Really Steep’

Colgate Raiders Back Dancing In NCAA Tournament, Looking To Create March Madness

Will 51% Tax Rate For NY Online Sportsbooks Change? Maybe Not

One-House Senate Budget: NY Downstate Casino Licenses To Cost At Least $1 Billion

NY Assembly One-House Budget Includes Online Operator Expansion, Minority Inclusion

New York Governor Signs Sweepstakes Ban into Law

Downstate New York Casino Bids Clear Key Hurdle

MGM Resorts Backs Out of Consideration for Downstate New York Casino

Two Downstate Casino Bids Advance After Manhattan Proposals Rejected

New York Lawmaker Pushes Sweeps Ban to Pave Way for Online Casinos