#Addabbo

Which Will Be the Next Legal US Online Casino State?

There are over 30 states and the District of Columbia that allow regulated sports betting. Online casinos are not so well developed. Over 157 million Americans have access to legal channels to place their sports bets online.
Sports
Which Will Be the Next Legal US Online Casino State?

NY Online Casinos Won’t Cannibalize Brick-And-Mortar

New York's online sportsbooks exceeded $10.6 billion in total handle during their first eight months of operation starting in January. New Jersey has 21 mobile sportsbook whereas New York has nine. State Senator Joe Addabbo Jr, D-Queens, wants to ramp up online betting options in 2023 with an emphasis on NY online casinos.
Gaming Authorities
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New York: Resorts World Hudson Valley casino slated to open later this fall

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#WynnResorts to work with Related Companies for #Manhattancasino bid Wynn Resorts is partnering with the real estate company to bid for one of three downstate New York casino licences.

#WynnResorts to work with Related Companies for #Manhattancasino bid

Wynn Resorts is partnering with the real estate company to bid for one of three downstate New York casino licences.

Wynn Resorts partners with New York land developer Related Companies on casino resort license

Wynn Resorts Ltd. is partnering with a New York real estate company to pursue one of three new downstate casino licenses in a Manhattan neighborhood. The project would have residences, office space, retail, restaurants, cultural institutions, residences and 5 acres of public plazas, gardens and groves. It would also have the world's first Equinox Hotel and a 750-seat public school. Several casino companies have expressed interest in vying for the three downstations licenses. New Yorkers approved a law in 2013 that permits seven casinos. Four already have been built in upstate NewYork.
Travel
Wynn Resorts partners with New York land developer Related Companies on casino resort license
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New York Online Casino Leadership Part of Today's Vote

Three candidates vied to represent District 15 in today's Democratic primary election. Sen. Joseph Addabbo is leading the effort to legalize online casino gambling. Alberto Baldeo and Japneet Singh are in favor of mobile casino gaming. 93,092 enrolled Democrats in the newly redistricted section of New York City were eligible to vote.
Sports
New York Online Casino Leadership Part of Today's Vote
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Addabbo's Challengers Discuss Regulated Gambling in New York

Early voting for New York's August 23 primary started Saturday. State Senator Joseph Addabbo Jr. is facing his first primary challengers since he was elected in 2008. He was instrumental in getting mobile sports betting legalized in New Yorkers and he is a critical player in licensing three downstate casinos and legalizing online casinos.
Law
Addabbo's Challengers Discuss Regulated Gambling in New York

States Leaving Tax Revenue on the Table By Not Legalizing iGaming, Report Says

States are losing out on an additional $5 billion a year in tax revenues by not legalizing internet casino gambling. In 2021, 30 jurisdictions permitted online sports wagering and just six states allowed full iCasino. icasino generated $3.71 billion in 2021 in the six States that allowed it. Sports betting generated more than $4.29 billion. New York state legalized online betting in January 2022. In the first seven months of 2022, New Yorkers will get more $347 million in state tax money.
Finance
States Leaving Tax Revenue on the Table By Not Legalizing iGaming, Report Says
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Addabbo: Addiction Help Major Factor In Legalizing NY Online Casino

Addabbo wants to push the New York online casino expansion bill again for next year's state legislative budget. His Democratic primary is on August 23. US-gaming expansion bills traditionally face significant opposition, as increased gaming means increased addiction issues.
Law
Addabbo: Addiction Help Major Factor In Legalizing NY Online Casino
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This Week in Gambling: New York online casinos and Michigan online poker

Michigan has joined the U.S. Interstate Poker Pact. New York's legislative session ends on 2 June and there's no progress on online casinos or poker. The Hard Rock plans to build a hotel on the Mirage volcano. A petition is being circulated to save the volcano as a Las Vegas icon. It's hoped that New Yorkers will have online gambling within the next several years. There's also news on. the proposed designation of the Las Vega volcano a historical landmark.
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Sen. Addabbo On Continuing The NY Online Gambling Effort Next Year

New York made progress on expanding its gambling industry this year. On Jan. 8, it launched online sports betting. Lawmakers agreed on a $221 billion state budget that included three retail casino licenses. Only iGaming legalization efforts stalled. However, legislators will resume work to legalize i gaming in 2023.
Poker
Sen. Addabbo On Continuing The NY Online Gambling Effort Next Year

New York Legislators Approve Three Casino Licenses Before Schedule

New York Legislators Approve Three Casino Licenses before Schedule. The approval came in part of the state's 220 billion-dollar one-year budget passed by Governor Kathy Hochul. Genting Group and MGM Resorts are rumoured to be interested in one of two slots positions. It is estimated that the casinos will generate immense revenue and create new job opportunities. They will be established in upstate New York and New Yorkers City.
Law
New York Legislators Approve Three Casino Licenses Before Schedule

New York approves plans for three downstate casinos

New York approves plans for three downstate casinos. The state lawmakers fast-track the issuance of the three Las Vegas-style commercial gaming licences. It comes a decade after authorisation was given for seven commercial casinos, of which four were located upstate. Public hearings on the proposals must be held and a local panel must approve a casino siting plan. The downstations region spans New York City, Long Island and Hudson Valley. There is an estimated population of 13 million. Two of them could be situated in Queens and Yonkers, with a third linked to Manhattan.
Gaming Authorities
New York approves plans for three downstate casinos

New NY Casinos Process Can Officially Begin

New York Gov. Kathy Hochuls signed the $220 billion state budget for the 2023 fiscal year on Monday. This is the second year in a row that the state has added gambling expansion to the budget.
Politics
New NY Casinos Process Can Officially Begin

New York budget deal calls for three NYC-area casinos

The New York City area could get as many as three new casinos as a result of the new budget deal reached by Gov. Kathy Hochul and state legislative leaders on Thursday. The decision was part of a state’s overall funding package. It moved up the date of 2013 voter-approved measure allowing seven new casino in the state. Las Vegas Sands Corp., Wynn Resorts Ltd. and Hard Rock International are interested in opening a casino near Citi Field in Queens. MGM Resports International and Genting Group operate slot machine parlors at the racetracks in Yonkers and Queens and may be able to get newcasinos up and running quickly.
Travel
New York budget deal calls for three NYC-area casinos

Status Of New NY Casino Licenses Still Hung Up In Budget Talks

Talks to include expedited downstate New York casino licenses into the final state budget are advancing. Many more issues remain before the projected $220 billion NY State budget is final. The budget was supposed to be completed by April 1, but an extender was implemented through Thursday so state employees could keep getting paid.
Politics
Status Of New NY Casino Licenses Still Hung Up In Budget Talks

Problem Gambling Awareness Month

It's National Problem Gambling Awareness Month. New York legalized mobile sports betting in January. It's brought in millions in revenue but also raised addiction concerns. Problem gaming programs in the state will receive $6 million each year for education and treatment. Brick-and-mortar sites are training employees to spot the warning signs of problem gaming and how to help patrons with symptoms of gaming addiction. The NYS Office of Addiction Services and Supports Commissioner Chinazo Cunningham is working with the issue.
Gambling Addiction
Problem Gambling Awareness Month

Will Gambling Measures Survive Latest New York Budget Reconciliation?

New York's budget is more than the billion-dollar handout to the Pegula family. Gambling is a significant source of revenue for the state each year. The treatment of gaming in the budget could open the door to more online sportsbooks and downstate casinos. Current proposals need to survive the reconciliation process.
NFL
Will Gambling Measures Survive Latest New York Budget Reconciliation?

Second New York igaming bill introduced in Assembly

The legislation – A09436 – describes interactive gaming as wagers on casino-style games made through virtual or electronic means. It is transmitted to and accepted by electronic equipment located at a licensed gaming facility. Operators will be required to pay a one-time fee of $2m, while independent contractors will pay $10m.
Gaming Authorities
Second New York igaming bill introduced in Assembly

Atlantic City Casino Executives Too Rosy On New York Casino Threat?

New York state is likely to approve up to three casino licenses in the New York City region. The seven-year moratorium on such licenses expires in December. Atlantic City's casino industry has time to react effectively. Two of the licenses are expected to go to operators who can get up and running quickly.
Land-based
Atlantic City Casino Executives Too Rosy On New York Casino Threat?

NY Senate Leader Backs Empire City Casino

Andrea Stewart-Cousins supports MGM Resorts International’s Empire City Casino getting one of the three full-commercial casino licenses. There is a moratorium on commercial downstate casino licences until 2023. Governor Kathy Hochul proposed to accelerate the process in distributing the available ones.
Politics
NY Senate Leader Backs Empire City Casino

Rolling the dice on casino plans

The Shinnecock Indian Nation wants to build a casino on its land. The neighbors of the reservation oppose it. Gov. Kathy Hochul is pushing to grant three downstate commercial casino licenses. The tribe's members live on the Hamptons reservation. They argue they deserve a full-scale casino license.
Gaming Authorities
Rolling the dice on casino plans

NY Lawmakers Call for Issue of Casino Licenses

NY lawmakers want the state to issue downstate casino licenses this year. The state's gaming industry witnessed the launch of mobile sports betting recently. It is believed that the digitalization and the expansion of land-based property would be of significant benefit to the New York State.
Law
NY Lawmakers Call for Issue of Casino Licenses

Yonkers Racino Still Doing Brisk Business Amid Talks Of Casino Upgrade

Yonkers Racino is doing well despite talk of a casino upgrade. The Empire City Casino at Yonkers is 15 years old and has 5,000 slot machines. It has a bus route that ferries passengers from Jersey City to Fort Lee. New York does not allow smoking indoors at gambling facilities. The future of the casino is still unknown. iReport.com. For confidential support call the Samaritans on 08457 90 90, visit a local Samaritan branch or click here.
Law
Yonkers Racino Still Doing Brisk Business Amid Talks Of Casino Upgrade