Since its launch in January 2022, NY has seen over $400 million in mobile betting revenue with the state seeing over $200 million in taxes. ALBANY, N.Y. – Morgan Stanley has recently given its projections on the New York sports betting market, predicting revenue reaches … Read more
New York launched its first sportsbook in 2019. Mobile betting is finally on its way to launch in New York. New York could become one of the top sports betting markets. ALBANY, N.Y. – It has now been two years since the first wagers were … Read more
The New York State Gaming Commission (NYSGC) has released the bidding details for mobile sports betting licenses. Sportsbooks are able to apply for a license and finalists will be decided by December 6 and licenses will be given out by January 6. ALBANY, N.Y. – … Read more
The New York State Gaming Commission missed the deadline to vote for mobile sports betting. Unless there is a special session, New York legislators will not be able to vote on expanding sports betting until 2022 at the earliest. Lawmakers couldn’t agree on making mobile … Read more
The New York FY2022 budget proposal has surpassed its April 1 deadline where a regulated mobile sports betting market was to be included. Three proposals are open to expanding the sports betting industry of New York with mobile platforms. The next few days should see … Read more
Popular Barstool Sportsbook could launch in New York. Penn National Gaming has gained New York market access thanks to a strategic partnership with Rush Street Interactive (RSI). Penn National wants Barstool Sportsbook in 10 states by the end of 2021. ALBANY, N.Y. – Sports betting … Read more
New York Governor Andrew Cuomo has been exposed for hiding accurate death totals for COVID-19. Sports bettors are now betting against Governor Cuomo getting reelected in 2022, with -200 odds for him to lose. Both Democrats and Republicans have slammed Cuomo following the reveal. ALBANY, … Read more
An official study on the potential revenue for mobile betting in New York has been released by Spectrum Gaming. Lawmakers in New York are finally in favor of bringing mobile sports betting to the Empire State. The study projects a potential annual revenue stream of … Read more
New York is finally considering regulating mobile and online sports betting. Markets like New Jersey and Pennsylvania benefit from NY bettors traveling to bet on sports online. New Jersey saw over $996 million in sports betting activity last month. ALBANY, N.Y. – Local New York … Read more
Governor Andrew Cuomo is now in favor of legalizing mobile sports betting in New York. The financial losses during the COVID-19 shutdowns have caused Cuomo to reconsider his stance against online sports betting. New Jersey saw record-breaking numbers for mobile sports betting. ALBANY, N.Y. – … Read more
Lawmakers in New York are polling assembly members to see if mobile sports betting will be voted into law during the next session. The push for mobile betting comes from the New York economy being crippled by the coronavirus. Carl Heastie, New York Assembly Speaker, … Read more
With the Coronavirus racking New York and greatly depleting its budget, mobile sports betting could provide tens or hundreds of millions of dollars in economic relief. New York residents can already enjoy mobile sports betting either in New Jersey or with international online sportsbooks. The … Read more
