It’s finally happened! New York mobile sports betting has launched, and opening weekend lived up to the hype! Operators took in millions of bets over the weekend, and expectations are high! But not everyone is quite so optimistic about the future of the industry. New York mobile sports betting launched over the weekend… and 12 short hours later they were the largest sports betting market in the country! And that is this week’s big story! Caesar’s, DraftKings, FanDuel and BetRivers all went live in New York state on Saturday morning, at 9 00 a.m local time, and the bets started…

As the NFL playoffs come upon us, expectations for the launch of New York mobile sports betting grow. We were promised that the state would have the activity up and running in time for the Super Bowl, and it looks like Saturday January 8th will be the day! Earlier this week, prominent New York Senator Joe Addabbo said that mobile sports bets in his state are “imminent”, and may even be available for some playoff games. So, the era of betting on sports in the Empire State, with all the lofty expectations that brings, looks to be a “go” for…

The State Gaming Commission has finally approved the rules for New York mobile betting. And according to one State Senator, bets could be taken as soon as the middle of next month. However, before any bets can be placed, there is an important process to be worked out. That is, the location of the servers which will accept the bets, which must be placed within one of the licensed land-based casinos. State Senator Joseph Addabbo had high praise for the Commission, as the hope had been to accept bets in time for the Super Bowl in February. From all indications,…

In our spooky edition of the show, we follow up on the scary New York mobile sports betting news, as they have doubled down on their ridiculous tax rate! It’s a move that some fear could set the industry up for failure before they even launch. We also talk about the record breaking sports betting revenue from the state of New Jersey, and how Pennsylvania is close behind with monstrous sports betting revenue of their own!   Hello my friends, and welcome to this Halloween edition of This Week in Gambling, where we have scary New York mobile sports betting…

If you thought that the proposed 50% tax rate for New York mobile sports betting was too high, then brace yourselves. The State Gaming Commission has just confirmed that the new and improved tax rate will be no less than 64%… the highest in the nation. The operators who applied for licenses to provide mobile sports bets in the state have been informed of this change, and the Commission has given them until this coming Monday, October 25th, to amend their bid proposals if they did not include a tax rate of at least 64%. Well, that’s pretty nice of…

Ah, how fondly we remember when New York mobile sports betting was passed way back in April. And then, the delays started to mount. Now, as we near the end of the year, the application process drags on. One has to wonder if the delay could have anything to do with the monstrous 50% tax rate the state plans to implement. However, the State Gaming Commission maintains that they will narrow the list of applicants to a few finalists before mid-December… so that can’t be it. Still, the Commission did publish their “request for applications” for mobile wagering providers back…