Mobile Sportsbooks Passed On The New York 2022 FY Budget

Governor Andrew Cuomo

The budget proposal in New York has passed with regulated mobile sportsbooks included in the paperwork. New Yorkers will see up to six regulated mobile sports betting platforms launch by September for the NFL season. Over 90% of all sports betting that will occur statewide … Read more

Fox Files Lawsuit Against Flutter Over Disputed FanDuel Stake

FanDuel - FOX - Flutter

Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox Corporation … Read more

NY Wants Compromise In Regulated Mobile Sportsbook Legislation

Andrew Cuomo

A mobile sports betting market in New York is getting closer to being included with the 2021 FY budget package. Governor Andrew Cuomo expects an estimated $500 million in yearly revenue from mobile sports betting in New York. The Oneida Nation believes any legislation for … Read more

2021 NY Budget Looks Favorable To Include Mobile Sportsbooks

New York Mobile Sports Betting

Mobile sports betting looks to be inevitable at this point for being a part of the 2021 NY State budget proposal. Governor Andrew Cuomo believes the expansion into mobile sportsbooks would bring in an estimated $500 million in yearly revenue for New York. New York … 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

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

LSB Feature: How The US Sports Betting Market Stacks Up Against The World

Betting Markets

The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more

Class Action Lawsuit Filed Against FanDuel For Alleged Deception

FanDuel Lawsuit

Andrew Melnick has filed a lawsuit against Betfair Interactive/FanDuel Sportsbook alleging the sports betting provider gave false information on wagers. The lawsuit claims the FanDuel’s live betting odds during NCAA basketball games were inaccurate. Discrepancies between the sportsbook’s information and the actual information in the … Read more

Penn National, RSI Partner For Barstool Sportsbook In NY

Barstool Sportsbook - Penn National Gaming - Rush Street Interactive

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

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