Tag: andrew cuomo

New York Gov. Andrew Cuomo and legislative leaders announced a fiscal year 2022 budget on Tuesday that includes a plan for online sports betting. (Image: Vanity Fair)

New York Announces Plan to Legalize Online Sports Betting

New York announced its budget for fiscal year 2022 on Tuesday, and it includes legal online sports betting. The Empire State’s plan will be more restrictive than most, however, as the state will control the action rather than allow private casinos to run the games. State will control online sports […]

New York Gov. Andrew Cuomo prevailed over state legislators on a mobile sports wagering bill. Horse racing tracks, arenas, stadiums and other non-casino venues were not included in the agreement, part of a state budget bill. (Image: Al Bello/Getty)

New York Mobile Sports Wagering Coming, Horse Racing Not Going Along

A bid to include horse racing in New York’s mobile sports wagering law didn’t make it into the final draft agreed upon by state legislators and New York Gov. Andrew Cuomo. The mobile sports wagering agreement, which will become part of a state budget plan, allows online wagering on college […]

New York Governor Andrew Cuomo is one of two governors signing daily fantasy sports bills into law this month. (Image: Andrew Burton/Getty Images)

Critics Raise Concerns Over New York’s Approach to Online Sports Betting

New York appears ready to finally legalize online sports betting within its borders, but critics warn the state’s approach won’t be great for consumers. With the state facing an $8.7 billion deficit brought on by the COVID-19 pandemic, Gov. Andrew Cuomo softened his stance on online wagering. He plans to […]

Governor Andrew Cuomo has asked a state gaming board to reconsider recommending a fourth casino for upstate New York. (Image: Getty Images)

Gambling Stocks Jump After NY Gov. Cuomo Endorses Online Betting

Several gambling stocks saw notable increases in share price this week after New York Gov. Andrew Cuomo said he’s OK with legalizing online sports betting in his state to help make up a budget shortfall. Cuomo has long been an opponent of allowing online sports betting, but New York is […]

New York Governor Andrew Cuomo says he is opposed to legalizing mobile sports betting in his state. (Image: Dennis Nett)

New York Online Sports Betting Could Soon Become Reality

A New York assemblyman says the state’s next revenue bill will include an online sports betting component, which could see a vote before the end of the year. Assemblyman Gary Pretlow told PlayNY that Assembly Speaker Carl Heastie solidified his commitment to include online sports betting in a revenue bill […]