Senator Joseph Addabbo tweaks his bill to make it more appealing to other legislators Since New York launched online sports betting over two years ago, various obstacles have been overcome, underlining the market’s success and its extraordinary prospects. While online sports betting has been a big hit with state residents, legislators continue to pursue more
The organization wants New York to lead the way in blockchain innovation A new amendment has been proposed by the New York City Bar Association regarding emerging technologies, such as digital assets, to motivate cryptocurrency firms to set up headquarters in New York and maintain its status as a leading commercial hub. The New York
The 2024 poker tourney calendar continues to shape up with hot events Turning Stone Resort Casino will host the world’s best players again this year as part of the World Series of Poker. The 12-day WSOP Circuit Event kicks off from March 14 to 25 and features several satellites leading up to the main circuit
Governor Hochul’s budget proposal makes no mention of revenue from online gaming New York Governor Kathy Hochul failed to acknowledge iGaming in her 2024 executive budget release on Tuesday despite the push to legalize online casinos in the state this year. Hochul only mentioned pari-mutuels as gaming initiatives, meaning it will be an uphill battle
As promised, Senator Addabbo is pushing forward with new online gaming legislation A New York lawmaker is confident he can solve the state’s budget deficit by introducing online casinos. Senator Joseph Addabbo filed new legislation to bring iGaming to New York, attempting to gain momentum off his 2023 legislative proposal. Addabbo introduced SB 8185 this
Two state lawmakers continue pushing for legislative gambling reform The two lawmakers who proposed legislation to legalize online poker and casino gaming in New York say they will make another attempt in 2024, believing next year will be when the state becomes the seventh in the US with online poker and the eighth with legal
The New York Department of Financial Services has changed its crypto listing and delisting rules Policies for companies listing and delisting cryptocurrencies in New York have been implemented to competently protect investors, according to the New York State Department of Financial Services (NYDFS), which disclosed new regulations on November 15. It requires crypto companies to
Senator Addabbo doesn’t expect land-based casino licensing delays to impact iGaming push Lawmakers in New York have done a lot of work to expand legalized gambling in the Empire State, resulting in retail sports betting launching at Rivers Casino in Schenectady and online sports betting in 2022. Most recently, the state gave authorization to expedite
Senator Addabbo is already tweaking the language of his planned online gaming bill New York Senator Joseph Addabbo Jr. plans to introduce iGaming expansion legislation in December. It continues to evolve, and could include language that would seek to legalize peer-to-peer online poker, as well as authorization to join a multi-state compact to support online
Several lawmakers expect to push harder for online casinos next year It hasn’t been easy for lawmakers to eventually reach the goal of legalizing online casinos in New York, but things are transforming for 2024 that could completely alter the online gaming landscape as the state prepares for big changes. New York’s online gamblers are
The four could be sentenced to up to 30 years in prison for the theft Last summer, in a predawn heist, five men wearing masks and carrying automatic rifles robbed a high-stakes poker game at a private poker club off Central Avenue in New York City. They escaped with thousands of dollars after assaulting and
Days after NY agreed to halt a casino development, trouble emerges with the Seneca Nation According to Seneca Nation President Rickey Armstrong Sr., negotiations over renewing the lucrative state gaming compact have gone sour. Putting it bluntly, he called the state’s latest offer an “insult.” In a three-minute video message, Armstrong addressed the state of
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