New York News

Mobile Betting

PENN, ESPN Bet Buy WynnBET’s New York License for $25 Million

Grant MitchellBy: Grant Mitchell
PENN announced Tuesday that it acquired the sports betting operator’s license awarded to WynnBET in 2021 for $25 million. The deal means that WynnBET can no longer offer betting odds and services in New York, while ESPN Bet now has access to its 18th state in its first six months of operation.
02/14/2024
Industry
Mobile app casino

New York Proposal to Expedite Casino Build Fails to Register Support During Vote

Grant MitchellBy: Grant Mitchell
Mayor Eric Adams’ office showed support for a new measure that would allow casino-build projects to commence without falling victim to the land-use review, which has spelled the end of many previous proposals. However, Manhattan Community Board 6 voted Wednesday 39-1 against the idea.
01/12/2024
Casino News
USA Legal Betting

New York Reports Record Setting Online Sports Betting Returns in 2023

Grant MitchellBy: Grant Mitchell
The New York State Gaming Commission revealed in its final report for 2023 that the state generated more than $1.69 billion in gross gaming revenue (GGR) from more than $19 billion in sports bets which resulted in $861 million in tax funding for the state.
01/08/2024
Industry
FanDuel Legal States

FanDuel Fought Against Proposed Rules to Protect Young and Problem Gamblers

Grant MitchellBy: Grant Mitchell
According to The Guardian, FanDuel, one of the largest online sportsbooks in America, lobbied in New York against a ban on verbiage that would attract those with or at risk of developing a gambling addiction. It also did not support a ban on sports betting advertisements near college campuses.
12/11/2023
Industry
Draftkings

DraftKings New York Voided a $300,000 Parlay Because of Internal Error

Grant MitchellBy: Grant Mitchell
Rob, the bettor who created the parlay, played it three times with a total stake of $9,087.32 and the chance to win $318,056.20. The corrected odds of +100 would have won him the same amount as his stake.
11/30/2023
Industry
USA Legal Betting

New York Sets American Record and Eclipses $2 Billion Monthly Handle

Grant MitchellBy: Grant Mitchell
The $2.01 billion figure presented a 30.5% year-to-year increase on the $1.54 billion total reported during October 2022. It was also 14.2% larger than the September betting handle and also set a record for gross gaming revenue during a single month.
11/13/2023
Industry
USA Legal Betting

Over/Under DFS Betting Banned in New York, Fanatics Approved, DraftKings Rebuked

Grant MitchellBy: Grant Mitchell
New York is the fourth state to ban such styles of wagering, which have grown exponentially over recent years. Though the over/under type of betting is not technically sports betting, it is considered as such by the NYGC and is difficult to regulate without the proper classification.
10/05/2023
Industry

NFL Betting: How Does the Aaron Rodgers Injury Change the AFC East Race?

Michael Savio picBy: Michael Savio
With Aaron Rodgers going down on the fourth play of his Jets’ career, the AFC East race has completely changed. We are sharing odds and insights on where the race now stands, giving you what you need to pick a winner before Week 2 begins.
09/12/2023
NFL

Tennis Majors: Previewing the Top Four Favorites to Win the Men’s US Open

Michael Savio picBy: Michael Savio
One of Tennis’ most important tournaments is set to kick off as the US Open begins in New York. The field is set, so we are sharing the latest odds to win the tournament and the latest insights to help you pick a winner.
08/29/2023
News
NFL News

NFL Awards: Previewing the Top Three Favorites To Win the 2023-24 NFL MVP

Michael Savio picBy: Michael Savio
Bookmakers have established three heavy favorites to win this year’s MVP race. We are breaking down all three players, providing their odds to win MVP and insights to help you place your NFL futures bet before the season kicks off.
08/23/2023
News