New York

DraftKings Implements Surcharge in Response to High State Taxes

Johnny K.
Vermont, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, Illinois, Taxes, New York, Pennsylvania
In a bold move reflective of the changing fiscal landscape in the United States, DraftKings Inc. has announced plans to implement a surcharge for customers in states with high gambling taxes. This decision come...

Top Revenue-Generating States from Casinos in the US

admin2
Latest Casino and Gambling News, Casino News, Las Vegas, World Casino News, Gaming Industry News, Technology, Mobile gaming, Sports betting, Online Gambling News, Fantasy Sports, Michigan, Nevada, New York, Pennsylvania
The US gaming industry generates billions of dollars in revenue annually. According to data from the American Gaming Association (AGA), total gross gaming revenue from all US state casinos was about $67 billion...

NYRA and FanDuel Racing Hit Contractual Impasse, Halting Content Access

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Horse Racing, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, New York
The New York Racing Association (NYRA) announced on July 4 that a contractual dispute between NYRA and FanDuel Racing has led to the removal of all NYRA content from FanDuel's wagering platforms. This impasse m...

Flutter Entertainment Shifts Primary Listing to New York Stock Exchange, CFO Paul Edgecliffe-Johnson to Step Down

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, New York
Flutter Entertainment plc has announced the transition of its primary listing to the New York Stock Exchange. This shift follows the transfer of the Company's listing category on the Official List of the Financ...

Queens Senator Jessica Ramos Rejects Steven A. Cohen-Backed Casino Proposal Near Citi Field, Advocates for Alternative Investments

Vanja Mitic
Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, North America Casino News, Casino project updates, Gaming Industry News, New York
State Senator Jessica Ramos of Queens, New York, has emerged as a central figure in the ongoing debate over a proposed casino project in her district. In a move that has reverberated through political circles, ...

Thor and Partners Unveil $3 Billion Coney Island Casino Proposal Featuring Hotel, Concert Venue, and Retail Space

Vanja Mitic
Casino Destinations, Casino proposals, Latest Casino and Gambling News, Casino News, North America Casino News, World Casino News, Casino closures, Gaming Industry News, Casino project updates, New York
Thor Equities, alongside Saratoga Casino Holdings, the Chickasaw Nation, and Legends, is refining its proposal for The Coney, a transformative project in Coney Island, Brooklyn. Shaping the vision: The sc...

New York Falls Just Short of $2 Billion Sports Betting Handle in April

Johnny K.
NBA, NCAA, NHL, MLS, U.S.A., Latest Casino and Gambling News, NFL, World Casino News, North America Casino News, MLB, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, New York
The New York State Gaming Commission revealed on Friday that the state's sports betting handle for April came close to hitting $2 billion, landing at approximately $1.97 billion, marking the fourth time in hist...

New York Senator Pursues Incremental Online Gaming Strategy with Poker-Only Legislation

Johnny K.
Latest Casino and Gambling News, Poker Law, U.S.A., Casino proposals, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Online Poker, Poker, Licensed online casinos in USA, Licenses, Taxation, Online Gambling News, Licensing, Taxes, New York
In the realm of online gaming legislation, New York Senator Joseph Addabbo is recalibrating his approach. Faced with the challenge of garnering support for a comprehensive bill encompassing iGaming, online poke...

Northeastern US Casinos Rattled by Online Wagering, Smoking and Upcoming NY Rivalry Concerns

Marija Malenovic
Casino News, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Conferences / Trade Shows, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation, New Jersey, New York
Casinos in the Northeast U.S. are currently facing a large number of problems as they prepare for the emergence of fresh rivals in NY City. Among those problems are the loss of business from illegal online oper...

Jake’s 58 Breaking Ground for $210 Million Expansion Project in Islandia; New York to Suspend Property Taxes to Village Residents

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Horse Racing, Taxation, New York
The Suffolk branch of the New York City Off-Track Betting Corporation is breaking ground today, on 15 April 2024, for a $210 million expansion of Jake's 58 Casino Hotel facility operated by the public benefit c...

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

Vanja Mitic
Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Licensing, Taxes, New York
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...