Daily fantasy sports operator DraftKings is partnering with New York’s del Lago for a sportsbook, even if the sports betting laws are still murky.
Indian gaming revenues are rising, exacerbating already tense relations between the Native American tribes that own casinos, and the states they operate in.
Gambling fans in New York will have to wait until at least 2019 for any bills regulating sports betting or online poker.
Weeks after acquiring daily fantasy sports company FanDuel, PaddyPower Betfair took another huge step into the US sports betting market by partnering with Meadowlands Racetrack in New Jersey and Tioga Downs Racetrack in New York.
MGM Resorts announced it is purchasing Empire City Casino in Yonkers, NY. The $850 price tag will hopefully result in MGM being able to enter the New York sports betting market.
The movie Field of Dreams added the phrase, “If you build it, he will come,” into our lexicon. So much so, it looks like the state of New York took that phrase very literally when it decided to green light …
Earlier this month, tax revenue from online poker failed to make it into the New York state budget. At the time, it seemed there was little hope for the legalization of online poker.
Upstate New York’s new commercial casinos failing to meet revenue expectations does not mean they’re failing. However, the state needs to be prepared if they ever do.
Revenues rose, seeds were sown on single market, one state adopted legislation, and others came close, making 2017 a banner year for online gambling.