Mobile sports betting gross gaming revenue in New York reached a monthly record of $231.6 million (£181.6 million/€219.0 million) during November, while handle fell just short of the state’s all-time high. Revenue from online sports betting was 53.5% higher than $150.9 million in November last year. It also surpassed the $176.3 million posted in New...
Tag: New York
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New York sets fresh sports betting revenue record
November brought a new record for mobile sports betting revenue in New York, US, reaching US$231.6m. The latest figure beat the previous record of $211.5m, set in January this year, by 9.5 per cent. The revenue record follows a record for sports betting wagers set in October of $2.3bn. While handle did not follow suit...
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Poker Pro Pleads Guilty to Sports Betting Scheme
Longtime professional poker player Cory Zeidman pled guilty this week to conspiring to commit mail and wire fraud Zeidman participated in a sports betting scheme to defraud prospective sports bettors in New York and Florida Zeidman misled victims into believing he had inside information on professional sports events A longtime professional poker player pled guilty...
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Gotham gambles: NY sets monthly record for online sports betting
New Yorkers are the most degenerate gamblers in the country. Mobile sportsbooks in the Empire State racked up a staggering $2.3 billion in bets in October, shattering its national record of $2.1 billion in bets set last year, according to new state Gaming Commission stats. October was the second month in a row – and...
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Could Political Betting Swing the US Election?
As the 1549 papal conclave dragged on into a second and third month, Venice’s ambassador to the Vatican, Matteo Dandolo, was outraged by insider trading. “It is more than clear that the merchants are very well informed about the state of the poll,” he said, “and that the cardinals’ attendants in Conclave go partners with...
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Sands CEO “still interested” in NYC casino bid, but concerned
Las Vegas Sands chairman and CEO Rob Goldstein is raising concerns about the company’s $6 billion casino-resort proposal for New York’s Long Island. The potential introduction of legal online casino play in the state is emerging as a factor that may impact the company’s long-term investments in traditional brick-and-mortar casinos. Speaking during Sands’ third-quarter earnings...
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Could Political Betting Swing the US Election?
As the 1549 papal conclave dragged on into a second and third month, Venice’s ambassador to the Vatican, Matteo Dandolo, was outraged by insider trading. “It is more than clear that the merchants are very well informed about the state of the poll,” he said, “and that the cardinals’ attendants in Conclave go partners with...
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New York Reports Massive Sports Betting Month of September
The New York State Gaming Commission reported the final sports betting totals for September New York sports bettors wagered more than $2 billion in the month September was the second most lucrative month in New York’s sports betting history September was an absolutely massive month for New York sports betting. The New York State Gaming...
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Jontay Porter co-conspirator pleads guilty
Former professional poker player Long Phi Pham, who conspired with ex-NBA player Jontay Porter and two others in a sports betting scam, Wednesday (2 October) agreed to plead guilty to one charge of conspiracy to commit wire fraud. Pham appeared in the US District Court for the Eastern District of New York. He was released...
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Gambling advertising laws tightened in New York
The bill ensures all forms of wagering, including online, will carry responsible gambling messaging In a move aimed at addressing the growing concerns over gambling addiction, New York Governor Kathy Hochul signed into law new legislation that mandates stronger warnings in gambling and sports betting advertisements. The legislation, S1550/A1118, requires all gambling-related advertisements, including those...
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ESPN Bet now live in New York
Penn Entertainment launched ESPN Bet in its biggest market yet Friday (27 September) when it went live in New York state. The platform is now available in 19 US jurisdictions. The platform, a partnership between the casino company and ESPN, went live in 17 US jurisdictions in November 2023. Prior to Friday’s New York launch,...
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ESPN Bet aiming to launch within days after getting NYSGC licence approval
The New York State Gaming Commission (NYSGC) Monday (23 September) voted to transfer the Wynn Resorts digital sports betting licence to Penn Entertainment. This means that ESPN Bet could be live in the state by the weekend. Penn Entertainment and ESPN have been waiting for the vote and the go-ahead to launch. Executives from both...