Can Online Poker Become The New King Of New York?

Forbes – In America there is a war going on for the hearts and minds of thousands of online poker players, many of whom have been frozen out of the game they love.  In one corner stand the lobbyists pushing for a federal ban on online poker.  In the other, individual state lawmakers who are forging ahead with plans of regulated online poker for their residents. Three states – Nevada, New Jersey and Delaware – have thus far pushed on with legalized online poker, and New York could be up next. However, with disappointing returns reported to date and tax…

Online Poker Bill Introduced In New York

Card Player – The state of New York is again taking a hard look at online poker within its borders. A proposed law was introduced into the Senate on Friday, which calls for the authorization of online poker, a game referenced as one in which requires skill, and for the awarding of 10 licenses. Each license would be good for a decade, costing $10 million apiece. Revenues would also be subjected to taxes, which, if the bill passed right now, would be 15 percent. The proposal comes after New York voters last year said OK to a handful of commercial…

New York Senate backs airport gambling proposal

iGaming Business – The New York state Senate has backed a proposal to introduce video lottery terminals to various airports in the US state, according to the Associated Press news agency. Under the proposal, slot machines would be positioned inside the departure terminals at certain New York airports. The Senate said the terminals would only be placed in international airports located within a city of one million or more. Operating under these guidelines would mean that slot machines would be located in John F. Kennedy International Airport and LaGuardia Airport. The likes of Buffalo Niagara International Airport, Albany International Airport…

New York set for iGaming Investor Conference

iGaming Business – The iGaming Investor Conference, which will take place in New York on March 25, will feature investors, operators and suppliers discussing the state of the iGaming industry. The event will welcome 40 gaming and leisure international investors as well as 40 iGaming operators and suppliers. Delegates will hear from decision-makers while the conference will allow iGaming professionals to present their businesses to investors in attendance. Show features include a keynote from New Jersey Senator Raymond Lesniak, who will discuss the politics of iGaming, the opening of the New Jersey market and what it means for casinos in…

New Yorkers Should Approve Gambling Referendum

When New York voters go to the polls next month, they will be asked about a gambling referendum. Specifically, if the state constitution should be amended to permit up to seven casinos. Despite heavy news coverage about the plan, a voter still might ask: “Doesn’t New York already have casinos?” Yes, it does. New York has more than a dozen racetrack casinos or Indian casinos. Gambling has been here for some time. Because of that, we support the gambling referendum and a constitutional amendment. We believe the positive impact on economic development outweighs any concern over any potential increase in…

SHFL Entertainment Rollout of Video Lottery Terminals in New York

From PR Newswire / SHFL Entertainment SHFL entertainment, Inc. (NASDAQ Global Select Market: SHFL) (“SHFL” or the “Company”) announced today that it has begun the installation of its Video Lottery Terminals (“VLTs”) in New York. “Our first big rollout of VLTs in such an important market as New York is very exciting,” said Gavin Isaacs , Chief Executive Officer for SHFL. This is only the beginning of what we hope to be a very promising future for our slot machine segment in the United States. The rollout was made possible through a November 2012 agreement between SHFL and SPIELO International…