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.
Tag: new york
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
New York iGaming bill gets updated as it makes its rounds
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 New York Bar Association wants action on cryptocurrency regulation
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
WSOP returns to Turning Stone Resort Casino in March
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
New York governor doesn’t have faith in iGaming legislation in 2024
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
New York’s latest iGaming bill is now live
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
New York lawmakers more optimistic about iGaming in 2024
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
New York is tightening its grip on cryptocurrency companies
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
New York’s biggest gambling supporter provides update on iGaming
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