NY Gambling News - Latest on Sports Betting & Online Gambling

New York Online Sports Betting FAQs: Everything You Need To Know Before The Launch

New York legal online sports betting is closer to launching. Here are answers to common questions NY sports bettors may have.

Posted on: November 16, 2021 | | Mike Mazzeo

Buffalo Bills NFL Sports Betting New York

With NFL In Full Swing, NY Sports Betting Sees Record-Setting $25.6 Million In October Handle

Rivers, del Lago, Resorts World and Tioga Downs combined to pull in a record $25.6 million in New York sports betting wagers during October.

Posted on: November 15, 2021 | | Mike Mazzeo

NHL Executive Online Sports Betting Tax Rate

NHL Executive On NY Online Sports Betting: ‘Tax Rates That Are 51% Aren’t Going To Be Helpful’

Ken Wachtel, chief business officer for the NHL, echoed a growing belief that the 51% tax rate on New York online sports betting could hurt the industry.

Posted on: November 10, 2021 | | Mike Mazzeo

MSG Knicks Rangers Sports Betting Partnership BetMGM

MSG, Knicks, Rangers Form Multi-Year Sports Betting Partnership With BetMGM

Fresh off its selection as an approved sports betting operator in New York, BetMGM formed a partnership with the Knicks, Rangers and Madison Square Garden.

Posted on: November 10, 2021 | | Mike Mazzeo

Manning Brothers Caesars Sports Betting Partnership

Eli Manning And Family Take Their Talents To Caesars With Latest Sports Betting Partnership

Former NFL quarterbacks and Manningcast hosts Eli and Peyton Manning, as well as Cooper and Archie, have signed a deal with Caesars.

Posted on: November 9, 2021 | | Mike Mazzeo

With Operators Chosen, Could Online Sports Betting Kick Off By NFL Playoffs?

With the New York State Gaming Commission selecting its winning bids, the countdown is on for the launch of online sports betting in the state.

Posted on: November 9, 2021 | | Mike Mazzeo

Winning Bidders Announced For Online Sports Betting Licenses; First Apps To Launch By Super Bowl

Legal online sports betting is just one step away from becoming reality in New York. And it might be here in time for the Super Bowl.

Posted on: November 8, 2021 | | Mike Mazzeo

DraftKings CEO: High Taxes Will Suppress Sports Betting Promos In New York

Jason Robins told investors this week that a tax rate upwards of 50% in NY will stifle operators' long-term marketing spend.

Posted on: November 5, 2021 | | Mike Mazzeo

FILE - In this Dec. 2, 2016, file photo, the MGM lion stands in front of the 23-story hotel during a preview tour of the MGM National Harbor hotel and casino in Oxon Hill, Md. Maryland voters are deciding two statewide ballot questions with significant financial ramifications for future years, including whether to allow sports betting and if the legislature should have more power over the state budget. Details such as where sports betting would be allowed will be decided later. (AP Photo/Alex Brandon, File)

MGM Officials Expect ‘Nine or Ten’ Online Sportsbooks In New York

CEO Bill Hornbuckle indicated that the company will have 'a huge presence' in New York as BetMGM awaits a decision on its sports betting bid.

Posted on: November 4, 2021 | | Mike Mazzeo

Penn CEO: No Money To Be Made For Sports Betting Operators In New York

Jay Snowden says NY online sports betting operators won't be able to turn a profit under a tax rate that will likely be 50% or higher.

Posted on: November 4, 2021 | | Mike Mazzeo

NY Online Gambling News

New York Online Sports Betting FAQs: Everything You Need To Know Before The Launch

With NFL In Full Swing, NY Sports Betting Sees Record-Setting $25.6 Million In October Handle

NHL Executive On NY Online Sports Betting: ‘Tax Rates That Are 51% Aren’t Going To Be Helpful’

MSG, Knicks, Rangers Form Multi-Year Sports Betting Partnership With BetMGM

Eli Manning And Family Take Their Talents To Caesars With Latest Sports Betting Partnership

With Operators Chosen, Could Online Sports Betting Kick Off By NFL Playoffs?

Winning Bidders Announced For Online Sports Betting Licenses; First Apps To Launch By Super Bowl

DraftKings CEO: High Taxes Will Suppress Sports Betting Promos In New York

MGM Officials Expect ‘Nine or Ten’ Online Sportsbooks In New York

Penn CEO: No Money To Be Made For Sports Betting Operators In New York

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