According to the latest data released by the New York State Gaming Commission (NYSGC), the total gaming revenue (GGR) for New York casinos in June 2025 was $55.1 million, a 2.2% decrease year-over-year. This marks the third lowest monthly revenue of the year, only higher than January and February.T
The developers of a proposed $12 billion Hudson Yards casino complex promised to invest 1% of its gross gaming revenues into community programs in the face of fierce local opposition.The Wynn NYC-Related Companies’ pledge would mean $197 million over 10 years — in addition to another $6.5 million to
Phil Boyle, president/CEO of Suffolk OTB and Jake’s 58 Casino Hotel, was named the next chairperson of the New York Gaming Association, according to a news release.The New York Gaming Association advocates for and advances the interests of its members at racing and gaming venues throughout the state
Community Board 13’s Land Use Committee dealt a blow to the proposed Coney Island casino on Wednesday night, as it voted to deny developers’ application to alter land use restrictions to make way for the facility.After a heated two-hour meeting, the committee voted 7-2 against the application, with
Residents both for and against a proposal for a casino in Coney Island, Brooklyn expressed their passion at the local Y Thursday night.“The casino would be a complete abomination and the ruin of the entire Coney Island,” Adam Rinn, artistic director at Coney Island USA, said.But Augustine Quiles own
Marc Holliday, CEO of SL Green Realty Corp., could pocket a $10 million bonus if a coalition led byCaesars Entertainment wins its bid to develop a casino in Times Square. The lucrative incentive, disclosed in a recent SEC filing, underscores the high stakes in the competition for one of three downst
So much may seem uncertain going into 2025, but one thing New Yorkers can feel confident about — or even wager on – is that at least one new casino, or even as many as three, will be granted a license in the metropolitan area by the end of 2025.That’s the plan, according to Robert Williams, executiv
The New York State Gaming Commission has released the financial data for sports betting and commercial casino gambling for November in the state.Mobile Sports BettingDuring November (which includes Thanksgiving), the NFL games on that day had high viewership, and the total gaming revenue (GGR) for
Flutter Entertainment CEO, Peter Jackson, has warned increasing tax may well have a damming impact on the fate of smaller operators and the growth of the black market.Speaking to the Financial Times, Jackson emphasised that the heightening of taxes, which have been touted by a myriad of states, will
The newly launched ESPN Bet has had a subdued start in New York, with the latest figures from the New York State Gaming Commission revealing that the sportsbook, owned by PENN Entertainment, took a $9.1 million handle and generated $1.1 million in gross gaming revenue (GGR) for the week ending Octob
After the gaming compact between New York State and the Seneca Nation expired in December 2023, quarterly revenue payments have not been made to the state by the Senecas.According to the terms of the recently expired compact, New York State state receives 25% of the “net drop” for slot machines. Sin
ESPN Bet is the newly renamed sports betting platform by Penn Entertainment, preparing to launch in New York after receiving regulatory approval from the New York State Gaming Commission (NYSGC). Previously, Penn acquired the sports betting license from Wynn Interactive Holding for $25 million, afte
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