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Addabbo’s New York Online Casino Bill Debuts

February 15, 2023 | By: Heather Fletcher

The New York online casino bill S4856, introduced by outspoken legal gambling expansion advocate state Sen. Joseph P. Addabbo Jr., debuted in his committee on Feb. 15. It calls for a 30.5% tax rate on iGaming, which is much lower than the 51% rate on the existing mobile sportsbook marketplace. DraftKings and FanDuel leaders recently […]

New York Online Casino Bill May Permit 14 Sites

February 6, 2023 | By: Heather Fletcher

A New York online casino bill introduced in the House allows two sites per casino, which may mean 14 sites can eventually launch. On Friday, state Assemblyman J. Gary Pretlow, D-Mount Vernon, introduced A3634. The bill that would legalize New York online casino gambling now sits in the Assembly’s Standing Committee on Racing and Wagering. […]

The Latest New York City Casino Partnership: Soloviev Group Plus Mohegan Gaming

February 2, 2023 | By: Chav Vasilev

Yet another participant has entered the race for a downstate New York casino. The latest bid comes from developer Soloviev Group and its operator partner Mohegan Gaming & Entertainment. Soloviev plans to create an entertainment district called Freedom Plaza on Manhattan’s east side. Aside from the casino, the project highlights include a 1,000+ room hotel, […]

New York Online Casino Cannibalization Worries May Block iGaming

February 1, 2023 | By: Heather Fletcher

Some New York legislators worry that online casinos would hurt retail gaming revenue. Online gambling advocates feel they’d debunked that idea years ago, but it has proven to be a hard myth to quash. Now, it threatens to stall the 2023 iGaming legalization effort. “Cannibalization” is the colloquial term for the idea that legal online […]

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