NY’s Current Stance On Regulating Mobile Sportsbooks In 2021

New York Mobile Sports Betting

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

Mobile Sports Betting Revenue Included In NY Budget Bill

Mobile Sports Betting Revenue Included In NY Budget Bill

New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … Read more

Cuomo Favored To Lose Re-election In 2022 After COVID Scandal

Andrew Cuomo

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

New York Marks Record Sports Betting Revenue In January

New York Sportsbook

New York’s four sports betting facilities posted a state record for revenue in January 2021 with a recorded $3.570 million in GGR. Rivers Casino and Resort brought in the most revenue with $1.429 million. The new wave of interest in NY sports betting is fueling … Read more

NY Online Sportsbooks Could Bring State $100M Annually Says Study

Spectrum Gaming Group

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

LSB Feature: The Impact Mobile NY Sports Betting Will Have

Mobile Sports Betting

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

New York Moves Mobile Sports Betting Bills With Senate Approvals

New York Legislature

The New York State Legislature has approved two mobile sports betting bills that have moved them out of their first Senate Committee successfully. New York expects to see millions of dollars in revenue should these bills or others like it pass in 2021 that would … Read more

Cuomo Backs Lottery Format For Online NY Sports Betting Again

Andrew Cuomo - Sports Betting

New York Governor Andrew Cuomo wants mobile sports betting to be run through the state, just like the lottery system. Cuomo believes that mobile sports betting could bring New York $500 million in tax revenue. The New York Senate Committee on Racing, Gaming, and Wagering … Read more

LegalSportsBetting Brief: Governors Advocate For Sports Betting 1/12/2021

Sports Betting Board

New York, Connecticut, and Kentucky Governors all want to see some form of legal sports betting for their states in 2021. Puerto Rico has introduced a bill to launch their legal sports wagering industry that was made legal two years ago while Massachusetts will be … Read more

Mobile Sportsbook Bills Filed In NY Differ From Cuomo’s Plan

Andrew Cuomo - Joseph Addabbo Jr

Bills have been filed in the New York State Legislature to make mobile sportsbooks legal. Governor Andrew Cuomo would like to see a legal mobile sports betting market in New York run similar to the New York Lottery. The bills waiting to be heard would … Read more

Cuomo Wants Mobile Sports Betting In NY Operated Like State Lottery

Andrew Cuomo - NY Sports Betting

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