Fanatics failed in its bid for a New York state betting license. A license was given to a company – PointsBet – that Fanatics had refused to buy previously. Fanatics closed on a purchase of sports trading card manufacturer Topps. NEW YORK – Fanatics has built itself into an empire in the world of sports … Read more
New York online sports betting opened at 9 a.m. on Saturday. Caesars, DraftKings, FanDuel and Rush Street Interactive are allowed to operate. New York will have the highest state tax rate on online sports betting at 51%. NEW YORK – New York State opened its first online sportsbooks on Saturday, as bettors are able to … Read more
Senator Joseph P. Addabbo Jr. has introduced a bill, SB S7536, that would permit mobile sports betting operators to accept wagers on horse races. The bill would allow up to nine qualified sports betting operators to accept bets on horse races, and currently sits in the Senate Rules Committee. ALBANY, N.Y. – With the launch … Read more
Turning Stone Resort Casino will host the first WSOP events in New York state. There will be a WSOP Circuit Event on Mar. 17, running through Mar. 28. Three WSOP local Main Events will be hosted as well, on Jan. 2, Mar. 6 and May 1 VERONA, N.Y. – The World Series Of Poker is … Read more
Connecticut legalized sports betting in October. The first week of sports betting saw 1.2 million transactions. This high transaction number was driven by bettors from New York City. HARTFORD, Conn. – Connecticut opened online sportsbooks in October, but the state is already one of the top betting destinations in the nation. There were 1.2 million … Read more
New York’s court of appeals has called for a reargument in a case about DFS in the state. The case could determine the legal status of daily fantasy sports in NY. At issue is whether or not the legislature was correct to legally approve it as a game of skill. NEW YORK – The New … Read more
Sports bettors in New York are traveling to the New Jersey border to wager on games. New York’s mobile sports betting options could be months away from functionality. What happens to these bettors after the NY state mobile sportsbook platforms open is an open-ended question. NEW YORK – The capricious whims of states and governors … Read more
Wyoming passed legislation to accept Bitcoin and other cryptocurrencies at their online sportsbooks, becoming the first state to do so. International internet sportsbooks and casinos accept cryptocurrencies as payment options. More people are into cryptocurrencies as the market gains popularity. NEW YORK – Bitcoin has ballooned in popularity, becoming one of the more common options … Read more
Sports gaming app maker Boom Entertainment has raised $15 million in Series A through Sands Capital. MGM Resorts, Golden Nugget Online, Robert Kraft, and Rush Street Interactive (RSI) are among investors with the New York-based app creator. The funds will be used to expand gaming products in the world of sports betting. NEW YORK – … Read more
Platform provider license renewal fees have not been revealed. Bidders will only have seven days for revision between the final Q&A and their application deadline. New York expects 50% or more revenue share from chosen applicants. ALBANY, NY – The anticipation for New York to legalize and launch online sports betting has been building for … Read more