When New York decides to fully embrace gambling, it is almost certain to fly to the top of the Wedge Index, due to the wealth of the residents, the potential for advertisers and the sheer size of the market available, but as of just now it is just not quite there.
There are upstate casinos, and these casinos allow sports betting, whilst there is the famous New York State Lottery and numerous race tracks. However, there is so much more which could be achieved in New York and, despite constant pressure, the governors have refused to allow mobile betting for any products, which leaves the Empire State residents having to cross the Hudson and go to New Jersey to place their wagers if they want to do in bars or while meeting friends.
Jan- 2021 -15 JanuaryAnalysis
More record revenues in December for NJ operators
December was another record month for New Jersey’s online gaming and betting industry, as sports betting customers wagered just shy…Read More »
Which version of sports betting will we get in New York?
Governor Cuomo says tax revenues are driving him to push for a betting monopoly model, but there is no certainty…Read More »
Analysis: Would New York really go the monopoly route?
New York Governor Andrew Cuomo’s proposal for a lottery-style sports-betting concession will cause consternation among potential operators.Read More »
Cuomo raises NY mobile hopes – then mentions lottery
The long hoped-for arrival of mobile betting in New York could be on the cards. Gov. Andrew Cuomo signaled a…Read More »
Dec- 2020 -18 DecemberAnalysis
Gov. Cuomo raises possibility of NY mobile betting
New York Governor mentioned regulating mobile sports betting during budget briefing as casino betting revenue levelled in November.Read More »
New Jersey closes in on $1bn in handle in November
New Jersey moved closer to the $1bn in handle landmark in November with football leading the way.Read More »
DraftKings seals the deal with Foxwoods Connecticut
DraftKings signs up with the operator of the Foxwoods Resort Casino in Connecticut for a multi-channel deal starting with fantasy…Read More »
Nov- 2020 -30 NovemberAnalysis
Canada paves way for sports-betting regulation
Canadian sports betting bill has broad support across government, trade and sports bodies.Read More »
FanDuel shows commitment to retail
The leading online brand FanDuel has committed to two significant retail ventures as it presses home its market leadership advantage.Read More »
Oct- 2020 -15 OctoberAnalysis
New York would boost big four says analyst
A leading Wall Street analyst eyes increasingly optimistic noises about New York sports-betting being given the online nod.Read More »