#Senate Racing, Gaming and Wagering Committee

Gambling

Can New York Legalize Online Casinos In 2023?

This week, a long-awaited bill to legalize was introduced. State Sen. Joseph Addabbo sponsored the bill, which would create a robust online gambling industry in the state. The outlook is bleak in 2023, but the introduction of legislation is an important step forward in the typical multi-year process of legalizing online casinos. Under the bill, SB…

Law ・ 20 February 2023

US Bets

A Deeper Look At New York's Powerful Casino Location Board

Investor and restaurateur Ken Sturm has been doing business in Times Square for more than three decades. The owner of Bacall's Steakhouse on West 44th Street and the world-famous Ellen's Stardust Diner (named after his mother) on Broadway and 52nd Street, Sturm has seen what the pandemic has done to the heart of Manhattan. He thinks it's time the…

Law ・ 21 December 2022

Tioga Publishing

Online casinos could give New York a financial boost

Politics ・ 23 November 2022

New York Post

Hochul accused of rigging NY casino license plan in favor of politically-connected slot parlors

New York Gov. Kathy Hochul could be giving two politically-connected slot parlors - including one whose lobbyists donated to her campaign - a leg up over competitors to win awards for full casino licenses downstate, sources told The Post. Critics charge the process was rigged in favor of the Aqueduct and Yonkers race tracks through language…

Politics ・ 17 October 2022

Wild Casino

$5,000 Welcome Bonus

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Casino Reports

Empire City Casino Announces Annual Legislative Pace

Just recently, Empire City Casino announced an official date for this year's running of the annual Legislative Pace for local lawmakers. The highly anticipated race will be held on Tuesday, September 13, 2022, at the casino's adjacent Yonkers Raceway, which will see local senators and assembly members compete for the crown of the friendly…

Law ・ 06 October 2022

InvestorsObserver

Developers and Billionaires Are Lining Up for the Chance to Operate a New York City Casino

As the development of a New York City casino inches closer towards reality, the race is on to secure a license. New York state voters authorized the creation of seven casinos in 2013, and four upstate facilities opened in the first phase. Now the second phase is underway, and licenses for three casinos in the New York City area will soon be open…

Land-based ・ 05 October 2022

Card Player

Study Makes Projection Of U.S. Online Casino Market

Light & Wonder, formerly Scientific Games Corporation, announced the release of an independent report on the potential for online casino gambling in the U.S. The study was conducted by VIXIO GamblingCompliance and commissioned by the Las Vegas-based Light & Wonder. The report forecasted the potential tax revenue that state governments could…

Industry ・ 29 September 2022

Gambling

New York City Casinos Could Be Ready Year From Licensing

Las Vegas-style casinos could be operational in the New York City area in one to five years after being licensed, a state senator says. Sen. Joseph Addabbo, D-Queens, told Gambling.com two area resorts already with slots could offer complete casino games within a year from licensing. Addabbo is chairman of the state Senate Racing, Gaming and…

Land-based ・ 06 June 2022

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iGaming Business

New York approves plans for three downstate casinos

State lawmakers have given the go-ahead to fast-track the issuance of the three Las Vegas-style commercial gaming licences, which will start a bidding process from gaming companies that wish to launch such casinos in the region. The plan, which sets the fees at a minimum $500m (£384m/€459m), were included in the state budget signed off at the end…

Gaming Authorities ・ 12 April 2022

Gambling

Las Vegas-Style Casinos OK’d For New York City

Three full casinos are slated for the New York City area under a $220 billion state budget the Legislature approved Saturday. The agreement would place a trio of Las Vegas-style casinos somewhere in New York City's five boroughs, on Long Island or in the lower Hudson Valley. Under a competitive bidding process, companies would pay at least $500…

Gaming Authorities ・ 12 April 2022

Gambling News

New York Approves Three New Casino Licenses Ahead of Schedule

Legislators in New York green-lighted plans for three new casinos in the state as part of the $220 billion one-year state budget they approved on Saturday that was passed into law on the same day following the signature of Gov. Kathy Hochul. The three casinos are part of the New York Casino Gambling Amendment, Proposal 1 measure voted as part of…

Gaming Authorities ・ 11 April 2022

Trip Pub

N.Y. budget fast-tracks process for licensing downstate casinos

ALBANY - It's a sure bet that New York will soon be home to at least one Las Vegas-style casino. New York's Democrat-controlled Legislature approved a $220 billion state budget on Saturday that will open a competitive bidding process this year for a trio downstate casino licenses. The licenses will go for a minimum of $500 million each and while…

Law ・ 09 April 2022

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QCHRON

Problem Gambling Awareness Month

Since mobile sports betting became legal in New York in January, the state has seen record-setting wagers, bringing in millions in revenue but also raising addiction concerns. March is National Problem Gambling Awareness Month, and state Sen. Joe Addabbo Jr. (D-Howard Beach), who fought to bring it here and heads the Senate Racing, Gaming and…

Gambling Addiction ・ 17 March 2022

QCHRON

Casino celebrates 10 years in Queens

When Resorts World Casino opened 10 years ago, "the naysayers thought the apocalypse was coming," recalled state Sen. Joe Addabbo Jr. (D-Howard Beach). "And they find, 10 years later, that was the furthest it could have been from the truth." Resorts World New York City, the only casino in the city, celebrated its 10th anniversary on Oct. 28, a…

Covid ・ 04 November 2021

Queens Gazette

Resorts World Casino New York City Announces Hyatt Regency JFK

Genting Americas announced on October 12 plans for a new hotel located at Resorts World Casino New York City (RWNYC). Hyatt Regency JFK at Resorts World New York, an eight-story, 400-room, four-star hotel, scheduled to open in Q12021, will feature residential-inspired guestrooms and premium suites with energizing design and insightful in-room…

Travel ・ 09 May 2021