Gov. Holchul’s signature is all that stands in the way of the bill becoming law Lawmakers in New York seek to pass one final bill before the legislature adjourns for its summer break. The Senate passed A1118 last week, which requires sportsbooks to incorporate warnings about the “harmful and addictive effects of gambling in their
Tag: new york
New York lawmakers ponder bill to ban gambling advertising
State senators overwhelmingly support a measure to restrict gambling ads Last Thursday, the New York Senate unanimously passed legislation to improve gaming industry marketing campaigns by a 57-0 vote. State Sen. Leroy Comrie proposed the Senate’s version of the legislation. The bill has identical language as Assembly Bill 1118, which was proposed by Assemblyman Clyde
New York bill would open the door to casino for Bally’s
Only by rezoning the Bronx would Bally’s be able to fulfill its New York casino goals The Bally’s Casino project in the Bronx can’t begin construction until the former Trump golf course is rezoned. As a result, State Assemblyman J. Gary Pretlow (D-Mount Vernon) introduced legislation on May 28 to permit “parkland in Ferry Point
New York bill hopes to expedite licensing process
Senator Addabbo has filed a bill that would force New York to consider casino applications sooner Sen. Joseph Addabbo and Assemblyman Gary Pretlow (D-Mount Vernon) have proposed a last-minute bill to speed up the current process for granting casino licenses in New York. The bill requires operators to submit bids by July 31 and allows
There’s little chance New York’s online poker bill advances in 2024
Senator Addabbo may have submitted his bill too late to be considered this session A bill to legalize online poker in New York was left off the agenda before last week’s meeting of a Senate committee to discuss the issue. This means the chances of passing legislation in 2024 could be shelved for now. The Senate Committee on Racing, Gaming, and
East Coast Poker Championships kicks off today
The poker tournament series is taking place at Turning Stone Resort Casino The 2024 East Coast Poker Championships will begin on May 16 at Turning Stone Resort Casino in Verona, New York. Three $110 buy-in satellite turbo qualifiers will held on Thursday at 1:00 PM, 5:00 PM, and 8:00 PM, with the top five finishers in each earning
NY senator pushing for online poker legalization
Sen. Addabbo introduced a stand-alone online poker bill this week State Senator Joseph P. Addabbo Jr. introduced SB9226 on May 7 to consider authorizing online poker in New York. The legislation is in line with AB1380, which was introduced by Assemblyman J. Gary Pretlow. However, legislators must move quickly to vote on both bills before the end of the
$43 million cryptocurrency Ponzi scheme results in arrest of New Yorker
Idin Dalpour used false promises of huge returns on crypto trading to fill his pockets A New York man is facing federal charges after being arrested for allegedly being the mastermind behind an elaborate Ponzi scheme that robbed $43 million from investors. The scam focused on cryptocurrencies and Las Vegas, and the fraudster is now
A casino in Queens, NY, may not be possible
A new poll suggests that public opposition to a casino at Citi Field is growing A recent poll conducted at the recommendation of New York State Senator Jessica Ramos shows that residents aren’t keen on the idea of a new Casino in Queens, NY. 61% of respondents are against a Las Vegas-style casino in Queens.
New York not likely to see new casinos until 2025
The state gaming commission doesn’t believe it can realistically issue new licenses anytime soon The New York Gaming Commission (NYGC) recently announced that no applications would be accepted and no licenses would be issued until at least late 2025, creating more drama in the competition for the three approved casino licenses in the state. Lawmakers
New York lawmakers tackling series of gambling bills
New York lawmakers continue to redefine the state’s approach to gambling Three different bills are on the table in the New York Senate as lawmakers seek to improve gambling regulations and protect at-risk players. The bill proposed by Senators Joseph Addabbo and Leroy Comrie would protect vulnerable players by stressing the dangers of problem gambling
Gemini makes deal with NYDFS to return over $1 billion to users
The bankrupt company will have to figure out how to make the payments to avoid further legal issues The New York State Department of Financial Services (NYDFS) and Gemini cryptocurrency exchange have reached a deal that requires Gemini to return at least $1.1 billion to clients of its Gemini Earn Program via the cryptocurrency company’s