New York

Genting Might Increase New York’s Tax Revenue by 1$ Billion if Awarded New License

Since the opening of Genting Malaysia Bhd’s Resorts World casino in New York City, the place has become very popular among the residents and tourists, and the popularity will be further increased by expanding t...

Fanduel’s Mobile Wagering App To Become Main Mobile Sports Wagering App In U.S. Capital From Spring 2024

FanDuel, a leading online gambling firm based in New York, is taking over the D.C.’s troubled sports wagering application called GambetDC app. Washington's main online sports wagering platform: The D.C.’s...

New York Sports Wagering Revenue Sees Biggest Drop In February Since August 2023

New York's sports wagering revenue saw a decline in February, largely due to the state's lack of full slate of football. Combined with Super Bowl week, during which BetMGM reported a loss of $9.6m on the Big Ga...

Online Gambling Must Evolve And Change To Stay Alive, Panel Says

Speaking about the future of online gambling at the Next.io conference on March 7, an industry panel said that in the future it will be more focused on the individual interests of the players, more engaged with...

International Game Technology and Everi Announce $6.2 Billion Merger

International Game Technology (IGT), a global leader of entertaining and responsible gaming experiences, separates its lottery and gaming operations. Following internal audits of its Global Lottery, Global Gami...

Resorts World New York City Announces New $5 Billion Expansion Proposal

Recently, New York City's Resorts World Casino officially revealed an extension proposal for a full-fledged casino license worth $5 billion that will deliver a concert hall and an entertainment center among var...

Las Vegas Sands Faces Another Legal Challenge Over Its NY Casino-Resort Plans

Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn't have a le...

Related Companies Files Rezoning Application for the $12 Billion Hudson Yards Casino Development

As the time to open up applications for three New York downstate casino licenses is getting closer, the bidders are employing ultimate efforts to convince the state authorities of the viability of their respect...

Penn Entertainment Acquires Sports Betting License for ESPN Bet Launch in New York

Casino corporation Penn Entertainment has bought a betting license to launch its vertical ESPN Bet to the largest legal sports betting market in the United States. The state of New York originally made only nin...

Mets Owner’s $8 Billion Casino Proposal in Queens to Include Community Investments

Eleven casino companies are in the race for the three available casino licenses in the downtown New York City. One of the patient runners is Mets owner Steve Cohen, who has recently partnered with the casino an...

DraftKings Submits Lawsuit Against Michael Hermalyn Over His “Secret Plan” To Help Fanatics

DraftKings has reportedly officially accused the previous executive of creating "a secret plan" to purloin clients data prior to leaving for Fanatics, based on the federal lawsuit secured by Front Office Sports...

New York Surpasses a Significant Milestone, Monthly Revenue Higher than $3 Billion for Sports Betting Operators

A sports betting revenue report in New York was published, and the state was very successful since the revenue surpassed $3 billion during the last month. The Gaming Commission released the adjusted gross reven...

Flutter Entertainment Delists from Euronext Dublin Prior To US Listing

Flutter Entertainment has revealed it has halted trading on Ireland's Euronext Dublin just ahead of its projected debut on the NY Stock Exchange (NYSE) that will take place during coming week. Trading halt: ...