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New York Online Casino Hearing Is Next on Addabbo’s Agenda

January 31, 2023 | By: Heather Fletcher

The subject of New York online casino gambling will soon get its own committee hearing, promised state Sen. Joseph P. Addabbo Jr. during today’s joint public hearing on New York sportsbooks. Addabbo, D-Ozone Park, said so after hearing New York online casino and poker gambling revenue estimates from Spectrum Gaming Capital. The Horsham, Pa.-based gaming […]

Vornado Realty Trust May Compete With Rival SL Green’s NYC Casino Bid

January 25, 2023 | By: Chav Vasilev

Vornado Realty Trust is exploring the possibility of submitting a bid to build a casino in New York City. Vornado is the city’s second-largest commercial landlord. The company is considering the site of the former Hotel Pennsylvania near Penn Station and Madison Square Garden for its proposed casino. The now-vacant hotel will be demolished by […]

16 New York Online Sportbooks by 2025, Addabbo Proposes

January 17, 2023 | By: Heather Fletcher

New York online sportsbooks could nearly double by 2025, if state Sen. Joseph P. Addabbo Jr. succeeds. The current nine will be joined by seven more, bringing the total to 16 by Jan. 31, 2025, Addabbo proposes in legislation he introduced today. Addabbo, D-Ozone Park, sponsored S1962. After the chairman of the New York State Senate […]

New York Online Poker Bill Introduced Before Online Casino

January 17, 2023 | By: Heather Fletcher

New York online poker may join the table before online casino does. That’s because a state legislator introduced a bill today to legalize the card game. State Assemblyman J. Gary Pretlow, D-Mount Vernon, sponsored A1380. Pretlow’s proposed legislation omits online casino gambling, which state Sen. Joseph P. Addabbo Jr., D-Ozone Park, previously told Bonus he […]

Saks Fifth Avenue Seeks to Open a Casino Above Its Flagship Store

January 16, 2023 | By: Blaise Bourgeois

 Saks Fifth Avenue will be among the competitors bidding for one of New York City’s three available casino licenses. With gambling legalization becoming commonplace across the United States, New York City is looking to become the next casino hotspot. Numerous outlets have confirmed the luxury department store’s intentions to bid. If chosen, this would allow […]

DraftKings Investor Class Action Dismissed by New York Court Judge

January 12, 2023 | By: Alex Weldon

The class action lawsuit brought against DraftKings on behalf of its investors has failed. New York District Judge Paul A. Engelmayer sided with the company in its motion to dismiss. The suit involved information that the company disclosed – or failed to disclose – around the time that it went public while simultaneously merging with its technology provider […]

New York Responsible Gambling Tops Addabbo’s Agenda

January 11, 2023 | By: Heather Fletcher

New York responsible gambling (RG) efforts getting funding matters to state Sen. Joseph Addabbo as much as legalizing online casino gambling. So RG and problem gambling are on his 2023 agenda, Addabbo tells Bonus. Addabbo, D-Ozone Park, is the member of the New York State Senate who sponsored last year’s New York online casino legalization […]

New York Senator Plans to Reintroduce ‘Predatory Sportsbook Bonuses’ Bill

January 7, 2023 | By: Heather Fletcher

The New York Senator who sponsored a “predatory sportsbook bonuses” bill will reintroduce the measure, his communications director told Bonus yesterday. State Sen. Peter B. Harckham‘s communications director, Tom Staudter, responded yesterday to a question Bonus sent on Wednesday about whether he’d sponsor the bill in an active session. Lawmakers need to reintroduce bills that […]

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