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: More Bills For Legal Sports Betting Introduced 1/19/2021

Sports Betting Kiosks

Georgia and Kentucky have filed bills to legalize sports betting in 2021. Connecticut, New Hampshire, South Dakota, Virginia, and Washington all have proposals about their legal sports wagering markets to be heard in the current or upcoming legislative sessions. Governors in Arizona and Ohio are … Read more

LSB Feature: How Legal Sports Betting Raises Companies Value

Legal Sports Betting

FuboTV’s stock price went up by 35% just by announcing their intent to launch a sportsbook in 2021. DraftKings, Penn National Gaming, and MGM Resorts have all seen growth on the stock market as a result of their sports betting efforts. Many companies see positive … Read more

New York Sportsbooks Sees A Surge In Revenue For December

Rivers Casino

New York sports betting has grown exponentially from their December 2019 revenue figures to those seen in December 2020. The nine months of the current fiscal year has seen a total of $8.8 million in revenue for sportsbooks, even with the mandatory shutdowns that lasted … 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

The Bookie Brief: Sportsbooks Favor Andrew Yang To Be Next Mayor Of New York 1/12/2021

Andrew Yang

Andrew Yang has the shortest odds at +175 to be elected as the next Mayor of New York. Donald Trump now has +1200 odds to be the Republican nominee in the 2024 US Presidential Election. NEW YORK — After a mob of Trump supporters stormed … 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

Gov. Ned Lamont Wants Legal Connecticut Sports Betting In 2021

Governor Ned Lamont

Governor Ned Lamont wants to legalize sports betting in Connecticut in 2021 and work with states like New York and New Jersey to grow the market that much more. Connecticut has enough money saved to squeak by without needing to make enormous cuts to vital … Read more