Tag Archives: New York
- Empire City Casino looking for partner(s) to fund pricey facelift
November 16, 2017
The Empire City Casino in New York state is looking for a deep-pocketed partner to help it fend off competition from a newer, flashier rival. On Wednesday, the Empire City Casino at Yonkers Raceway issued a statement saying it had enlisted J.P. Morgan Securities to help explore “alternatives, including strategic...
- New York to take another shot at sports betting regulation
November 13, 2017
New York lawmakers are now carefully studying a proposal to allow sports betting in casinos, Off Track Betting facilities (OTBs) and racetracks after the electorate gave thumbs up to two amendments to the state constitution. Quoting Democratic Westchester Assemblyman Gary Pretlow, The Albany Times-Union reported that New York legislators are...
- 365action.com ringleader pleads guilty to enterprise corruption
October 18, 2017
The alleged ringleader behind an illegal online sports betting operation has reportedly reached a plea deal with New York prosecutors. In October 2015, the Queens District Attorney’s office announced multiple arrests in connection with an credit betting operation that handled wagers through a toll-free telephone number and Panama-based website 365action.com....
- Niagara Falls could go broke without Seneca slots revenue
September 19, 2017
Niagara Falls could go broke if New York State’s casino dispute with the Seneca Nation of Indians isn’t resolved by the end of the year. On Tuesday, the state Comptroller’s Office issued an audit indicating that the City of Niagara Falls will have exhausted its cash reserves by the end...
- New York demands arbitration to resolve Seneca casino impasse
September 8, 2017
New York’s governor has unleashed his lawyers in the hope of bringing a speedy end to the state’s casino dispute with the Seneca Nation of Indians. On Thursday, attorneys acting under orders of Gov. Andrew Cuomo filed papers demanding a binding arbitration process to resolve the dispute with the tribe,...
- DraftKings, FanDuel pay $2.6m to get Massachusetts off their backs
Daily fantasy sports operators DraftKings and FanDuel have agreed to pay $2.6m to resolve allegations of consumer-unfriendly practices in the state of Massachusetts. On Thursday – just hours before the kickoff of a new National Football League season – Massachusetts Attorney General Maura Healey announced that the state had reached...
Why the DraftKings & FanDuel merger may not go ahead
March 24, 2017
Maine legalizes daily fantasy sports
August 3, 2017
New Jersey formally approves daily fantasy sports
August 25, 2017