New York

Genting Group Sees Multiple Moody’s Downgrades Amid Rising Debt

Moody’s Ratings has issued a series of downgrades across Genting Berhad and two major subsidiaries after months of review, pointing to heavier debt loads and a slower rebound in earnings. The rating agency’s la...

New York Reports Record Online Sports Betting Revenue

New York’s online sports betting market posted another milestone in November, as state regulators reported all-time-high revenue figures driven by strong results from the largest operators and a surge of holida...

Genting Berhad Raises New Funding as Takeover Drive Continues

Genting Berhad has intensified its financing activities as it works to increase its ownership of Genting Malaysia Berhad, unveiling a major notes program and issuing additional debt through two subsidiaries. Re...

State Board Backs All Three New York City Casino Proposals

New York City’s long-running competition for downstate casino licenses moved into its final phase after the New York Gaming Facility Location Board unanimously endorsed three proposals in Queens and the Bronx. ...

New York Gaming Commission Reconsiders Licenses for Prediction Markets

The New York State Gaming Commission (NYSGC) is intensifying its scrutiny of licensed operators, focusing on whether involvement in prediction markets could jeopardize their ability to operate in the state’s re...

Oneida Indian Nation Opens Expanded Point Place Casino Hotel

The Oneida Indian Nation has completed a major expansion of the Point Place Casino Hotel, marking a significant reinvestment in the Bridgeport property and strengthening its role as a regional destination in Ma...

NY Casino Board Advances Toward Final Picks With Site Visits and Disputes

New York’s commercial casino licensing process is entering its decisive stretch, with the state’s Gaming Facility Location Board set to tour the three remaining proposed sites on November 17, 2025. The visits r...

FanDuel Makes History as New York Sports Betting Handle Breaks Record

The Empire State’s sports betting market shattered expectations in October 2025, setting a new national benchmark for online wagering. According to data from the New York State Gaming Commission, bettors staked...

Damon Jones Pleads Not Guilty in Two Federal Gambling Cases

Former NBA player and assistant coach Damon Jones has entered not guilty pleas in two separate federal cases in Brooklyn that prosecutors say stem from sprawling gambling operations involving both rigged high-s...