by Giovanni Shorter | May 26, 2022 10:39 am | Revenue
Since its launch in January 2022, NY has seen over $400 million in mobile betting revenue with the state seeing over $200 million in taxes. ALBANY, N.Y. – Morgan Stanley has recently given its projections on the New York sports betting market, predicting revenue...
by Giovanni Shorter | Jul 16, 2021 11:44 am | Regulatory
New York launched its first sportsbook in 2019. Mobile betting is finally on its way to launch in New York. New York could become one of the top sports betting markets. ALBANY, N.Y. – It has now been two years since the first wagers were placed at the first sportsbook...
by Giovanni Shorter | Jul 12, 2021 12:32 pm | Regulatory
The New York State Gaming Commission (NYSGC) has released the bidding details for mobile sports betting licenses. Sportsbooks are able to apply for a license and finalists will be decided by December 6 and licenses will be given out by January 6. ALBANY, N.Y. – Sports...
by Giovanni Shorter | Jul 6, 2021 11:24 am | Regulatory
The New York State Gaming Commission missed the deadline to vote for mobile sports betting. Unless there is a special session, New York legislators will not be able to vote on expanding sports betting until 2022 at the earliest. Lawmakers couldn’t agree on making...
by Christina Monroe | Apr 2, 2021 10:56 am | Regulatory
The New York FY2022 budget proposal has surpassed its April 1 deadline where a regulated mobile sports betting market was to be included. Three proposals are open to expanding the sports betting industry of New York with mobile platforms. The next few days should see...
