Category: New York
It is no secret by now that the Dallas Mavericks should have kept Jalen Brunson. However, there seems to be more to the story than many originally knew. Brunson himself said that he tried to sign a contract extension a couple different occasions. “It’s funny, because my agent was like, “You can get more, you […]
This week, the Red Storm got their man that many hope will return the storied program and once Big East powerhouse back to the ranks of the true bluebloods in college hoops. Pitino was hired by St. John’s after his Iona Gaels were eliminated from the NCAA Tournament. Pitino listed a multitude of reasons as […]
As the madness of March grips the college basketball world, another kind of frenzy is underway: the coaching carousel. For struggling programs, this is a time to make bold moves and find the right leader who can turn their fortunes around. Every year, a handful of highly sought-after coaching prospects generate a lot of buzz. […]
Sen. Joe Addabbo has filed Bill S4856 seeking to legalize online casino in New York. Most notably, the tax rate proposed by Addabbo sits at 30.5% which is comfortably lower than the 51% tax on sports betting GGR. The bill uses the state’s online sports betting legalization as an example of the benefits to the […]
New York legislators have heard from FanDuel president Christian Genetski and DraftKings CEO Jason Robins who both warned that New York’s staggering online sports betting tax rate will cause a shift in operational model should it not be lowered moving forward. January 31st 2023 saw a joint hearing with the New York Senate and Assembly’s […]
New York State Assemblyman J. Gary Pretlow has introduced Bill A01380 that seeks to legalize online poker in New York. This marks the fifth consecutive Legislative Session, spanning 10 years, that Pretlow has submitted a bill for the reclassification of online poker to a game of skill, thus making it legal to play online. Online sports […]
A bill has been introduced in New York seeking to increase operators’ responsible gambling requirements, specifically in relation to advertising. Lery Comrie, the New York State Senator who represents District 14 and Luis R. Sepúlveda who represents District 32 have introduced Senate Bill 1550 which, if passed, would require all advertisements for gambling and sports […]
New York City has recorded its highest online sports betting GGR for the month of September, since its launch in January 2022. The total GGR recorded for the month was US$143.33m, eclipsing the previous high in launch month of US$124.1m. This ultimately owed to higher margins (and less bonusing) given handle reached US$1.25bn in contrast […]
August saw a positive upturn for New York which reported a month on month increase in online sports betting handle. Handle reached US$872m, up 9% from July’s US$800m but the two consecutive months remain the lowest on record since online sports betting launched in January 2022. The record highs for betting handle landed in January […]
The Big Apple’s online sportsbetting handle has fallen below US$1bn for the first time since its launch. July 2022 saw bettors wager just shy of US$801m in July, a fall of 23.8% on June’s US$1.05bn which was the lowest to date prior. GGR increases despite handle low Interestingly, despite the plummet of over US$200m in […]
