New Jersey brought in over $50 million in sports betting revenue last month. Both individual sportsbooks and the statewide sports betting industry set multiple records. It could be a statistical outlier, or it might be a sign of even more industry growth in 2020. ATLANTIC … Read more
Jefferies is suggesting that stock buyers should pay closer attention to the sports betting market. Stocks for companies involved with sports betting have increased in value in recent months. The U.S. sports betting market is predicted to be worth $5 billion by 2023. NEW YORK … Read more
New York courts declared that daily fantasy sports were games of chance and banned them. The decision to legalize mobile sports betting could be influenced. Mobile sports betting could help with $6 billion deficit the state of New York faces. ALBANY, N.Y. – Last week’s … Read more
A New York appellate court sides against DFS in their final ruling. The case was brought forth by a lawsuit from four citizens of NY who are against gambling. Officials are expected to bring the case to the Court Of Appeals. ALBANY, N.Y. – New … Read more
The Super Bowl is the most wagered on sporting event for the entire year. New York has very limited sports betting options. Most people from New York City will travel to New Jersey to bet on sports. NEW YORK – Sports betting might not be … Read more
In the first full year after PASPA’s repeal, New Jersey handled the second-highest volume of wagers. With another strong year in 2020, the state could challenge Nevada’s sports betting supremacy. Sportsbooks capitalized on online betting platforms and New York City to fuel this growth. TRENTON, … Read more
Mobile sports betting is not legal in New York yet. Governor Cuomo’s budget plan allows for sports betting to take place on the casino floor. New York is losing potential sports betting tax revenue to New Jersey. ALBANY, N.Y. – New York Governor Andrew Cuomo … Read more
Sports betting in New York became active in 2019. State Senator Joseph Addabbo will renew efforts to legalize mobile wagering. The state of New York has a $6 billion budget deficit. ALBANY, N.Y. – State Senator Joseph Addabbo said on Thursday that he plans on … Read more
Esports events are going to be broadcasted to IMAX theaters thanks to Vindex. The increasing number of eyes on esports could lead to legislation allowing for esports betting. Esports events are expected to broadcast in IMAX theaters sometime in 2020. NEW YORK – Vindex and … Read more
Over 80 percent of sports bets in New Jersey come from mobile and online wagers. There is no mobile sports wagering in New York. People from New York City are looking towards New Jersey to make their bets. HOBOKEN, N.J. – People from New York … Read more
Sports betting is legal in New York, but it is restricted to retail casino locations. This partnership will allow DraftKings branding to be put in the stadium. New York lawmakers are interested in creating mobile sports betting laws. NEW YORK – Madison Square Garden (MSG) … Read more
The Seneca Nation has now opened three casino sportsbooks in Western New York. After a court decision, the state of New York is expecting the Seneca Nation to pay $355 million from slot revenue that the tribe previously withheld. With the opening of the Sports … Read more