Legal Sports Betting Brief: IL Casino Push, NV Blocks Polymarket, NY Issues Warning

Prediction Bet Brief: Polymarket Wait List, Fanatics Launch

Illinois Rep. Edgar González Jr. filed new legislation to legalize online casino betting with a 25% tax following last year’s unsuccessful attempt. Polymarket faces a court-ordered suspension in Nevada until February 11th after a judge ruled the platform appears to violate state gambling regulations. New … Read more

New York Sees $1.5B Handle In Second Month Of Mobile Betting

NY Mobile Sports Betting

New York launched their mobile sportsbooks in early January; since then, New York has turned over handles of $1 billion or more in both months after the mobile launch. New York’s streak of $1B+ handles looks like it should continue through March, a historically strong … Read more

New York Online Sportsbooks Only Days Away From Launch

Online New York Sportsbooks

New York’s online sportsbooks are just days away from launching, with regulators maintaining a goal launch timeframe of the second or third week of January. The nine licensed sportsbooks should be available for most of the NFL playoffs, but the exact launch date will determine … Read more

Rapper Jay-Z Teams Up With Fanatics For NY Sports Betting Bid

Jay-Z

Jay-Z and Fanatics (a sports clothing company) have come together to apply for a mobile sports betting license in New York. The sportsbook would be called Fanatics Sportsbook and would use Kambi as their software provider. The New York Gaming Commission (NYGC) has received six … Read more

LSB Brief: Michigan, New York, Wyoming, Caesars 08/03/2021

sportsbooks

Michigan recorded over $1 million in sports betting tax revenue for the first time. New York published their final round of Q/As regarding their sports betting regulations. The Wyoming Gaming Commission is hoping to launch by the NFL season after approving rules. With Caesar’s acquisition … Read more

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

Cuomo Finally On Board For Mobile Sportsbooks In New York

Governor Andrew Cuomo

Governor Andrew Cuomo will discuss the topic of legal mobile sportsbooks in New York during his upcoming State of the State address. Cuomo is now in favor of legal mobile and internet sports betting for New Yorkers because of the revenue it could generate for … Read more

New York Sports Betting Regulations Set To Be Approved Today

NY Capitol - Sports Betting

Wagering on professional sports as well as out-of-state collegiate teams/events is permitted. In-state colleges or events being played inside New York state lines will be off limits. Officials believe New York sports betting could start as early as August or September. ALBANY – The New … Read more