NY Presents Bill To Lower 51% Sports Betting Tax Rate

New York Sports Betting

Assemblyman Gary Pretlow introduced an amendment that would cut sportsbooks’ effective tax rate from 51% to 25% by 2024; Sen. Joe Addabbo presented its sister amendment in the Senate. The amendment would increase the number of online sportsbook skins to cut the tax rate, allow … 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

Seneca Buffalo Creek Casino Begins Sports Betting

Buffalo Creek Casino

The Seneca Buffalo Creek Casino is announcing new sports betting venture on Friday. Sports gambling was approved in NY back in 2013 via voter referendum. NY is big on diverse sports and is the home of many professional sports teams. BUFFALO, N.Y. – The Seneca … Read more