Online Gambling, Sports Betting Nearing Approval For Mohegan Sun Online Gambling, Sports Betting Nearing Approval For Mohegan Sun Online Gambling, Sports Betting Nearing Approval For Mohegan Sun
Online Gambling, Sports Betting Nearing Approval For Mohegan Sun Lawmakers have struck a deal with Mohegan Sun to bring online and sports betting to the casino located in Uncasville, Connecticut. According to reports, Gov. Ned Lamont’s office has reached an agreement with casino officials to expand gambling efforts in Connecticut in a deal that is expected to be signed on Tuesday, March 2. 
“It is our goal to have an agreement of both tribal nations and the state of Connecticut to present to the General Assembly, particularly this committee of cognizance, in the very near future,” Lamont’s Chief of Staff Paul Mounds said to the General Assembly’s Pu…
COVID-19: Cuomo To Push For Legal Marijuana, Sports Betting In NY To Close $15B Deficit COVID-19: Cuomo To Push For Legal Marijuana, Sports Betting In NY To Close $15B Deficit COVID-19: Cuomo To Push For Legal Marijuana, Sports Betting In NY To Close $15B Deficit
Covid-19: Cuomo To Push For Legal Marijuana, Sports Betting In NY To Close $15B Deficit With New York State facing a record-setting $15 billion deficit due to the COVID-19 pandemic, Gov. Andrew Cuomo is once again pushing for legalized marijuana and sports betting to help raise revenues. On Wednesday, Jan. 6, Cuomo said that while New York will be turning to the federal government to provide some aid and COVID-19 relief funding, the state will also be doing its part to cut the deficit. Among the two options Cuomo discussed was a proposal to legalize and regulate cannabis in New York and running a legal sports betting program that benefits the state, not casinos. “We want to d…
Is Connecticut Finally Ready For Sports Gambling? Signs Point To Yes Is Connecticut Finally Ready For Sports Gambling? Signs Point To Yes Is Connecticut Finally Ready For Sports Gambling? Signs Point To Yes
Is Connecticut Finally Ready For Sports Gambling? Signs Point To Yes Now that developers are pulling back from plans to build a casino not far from the Massachusetts border, some analysts say Connecticut may be in a better position to usher in legalized sports betting. Due to the economic ravages of COVID-19, earlier this month leaders of the Mashantucket Pequot and Mohegan tribes said they are hitting pause on a proposed Tribal Winds Casino in East Windsor. Casino and political watchers say the economic crisis brought on by COVID-19 may be the push Connecticut legislators and tribal leaders needed to get on the same page about sports betting. As casinos an…
NJ Sports Betting Nears $1B Monthly Record NJ Sports Betting Nears $1B Monthly Record NJ Sports Betting Nears $1B Monthly Record
NJ Sports Betting Nears $1B Monthly Record There's a silver lining during the coronavirus for sports bookies and online casino betting who neared a record $1 billion in legal gambling in November, analysts said. Year-over-year growth in New Jersey has been striking for what is now the nation’s largest sports betting market.  New Jersey became the first state in history to post a sports betting wagers of more than $900 million, as the Garden State’s online and retail sportsbooks put the first $1 billion month clearly in their sights in November, according to analysts for PlayNJ. “Even if New Jersey can’t quite reach $1 billion …
NJ Casinos, Racetracks Score Nationwide Sports Betting Record NJ Casinos, Racetracks Score Nationwide Sports Betting Record NJ Casinos, Racetracks Score Nationwide Sports Betting Record
NJ Casinos, Racetracks Score Nationwide Sports Betting Record New Jersey sports gamblers bet a nationwide record $668 million last month, officials said. That smashed the previous one-month record of $614 million bet in Nevada in November 2019, according to the state Division of Gaming Enforcement. The Garden State's previous one-month record for sports betting was $562 million set in November 2019. August was the first full month of professional baseball this year, and gamblers also had hockey and basketball playoffs to bet on. Casinos were closed earlier this year due to coronavirus, and were capped at 25% capacity. Even so, internet gambling at r…
New Jerseyans Can Bet On Nathan's Hot Dog-Eating Contest New Jerseyans Can Bet On Nathan's Hot Dog-Eating Contest New Jerseyans Can Bet On Nathan's Hot Dog-Eating Contest
New Jerseyans Can Bet On Nathan's Hot Dog-Eating Contest For the first time in event history, three states that legalized betting on the Nathan's Hot Dog-Eating Contest -- and New Jersey is one of them. This year is the first that the July Fourth contest won't go down in front of the Nathan's joint on Coney Island in front of live spectators. Instead, it will be held in an indoor venue on Coney Island at noon Saturday with no live audience due to COVID-19. Wagering approved by the state's Division of Gaming must stop before the event begins as no live betting is allowed.Bookmakers can only offer bets tied directly to the competition. Joey "Jaws"…
Atlantic City Casinos Take $200M Nosedive Amid COVID-19 Crisis Atlantic City Casinos Take $200M Nosedive Amid COVID-19 Crisis Atlantic City Casinos Take $200M Nosedive Amid COVID-19 Crisis
Atlantic City Casinos Take $200M Nosedive Amid Covid-19 Crisis Coronavirus spelled bad luck for Atlantic City's casinos.  Closed by the COVID-19 epidemic on March 16, the Garden State's gambling hub took in about 69 percent less money in April 2020 than last April -- bolstered only by a more than doubling in internet betting proceeds. All totaled, casino revenue fell by nearly $200 million last month from a year ago. The silver lining was that online gambling revenues rose by nearly 120 percent year-to-year, collecting an additional $43 million. According to the state Division of Gaming Enforcement, the city's nine seaside resorts collected about…
Play Ball? Legal Sports Betting In New York Could Be Approved As Soon As Next Week Play Ball? Legal Sports Betting In New York Could Be Approved As Soon As Next Week Play Ball? Legal Sports Betting In New York Could Be Approved As Soon As Next Week
Play Ball? Legal Sports Betting In New York Could Be Approved As Soon As Next Week Odds are improving for legalized sports betting at Empire City in Yonkers, Resorts World Catskills in Monticello as well as Yankee Stadium, Madison Square Garden and the Barclays Center. On Monday, June 10, the state Gaming Commission has scheduled a 1 p.m. vote in New York City on proposed rules governing the operation and licensing of limited sports betting statewide.  And everyone seems to want a piece of the action. In amendments filed this week, state Senator Joseph Addabbo, D-Queens, revised his mobile sports betting bill to include in-person wagering at professional sp…
Ex-NYPD Detective Sentenced To Prison For Obstructing Narcotics Investigation In Westchester Ex-NYPD Detective Sentenced To Prison For Obstructing Narcotics Investigation In Westchester Ex-NYPD Detective Sentenced To Prison For Obstructing Narcotics Investigation In Westchester
Ex-nypd Detective Sentenced To Prison For Obstructing Narcotics Investigation In Westchester A convicted corrupt former NYPD officer will spend time behind bars after obstructing an investigation into a Westchester drug deal whom he also temporarily ran an illegal sports betting business. Brooklyn resident Saed Rabah, 46, has been sentenced to two years in prison in White Plains federal court for knowingly providing misinformation to a federal law enforcement officer to obstruct a drug investigation into an alleged Yonkers dealer. U.S. Attorney Geoffrey Berman announced the sentence on Friday, which also carries a year of supervised release and a $10,000 forfeiture. The alleged dr…
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Odds Are 50-50 That Legal Sports Betting Is Coming Soon Odds Are 50-50 That Legal Sports Betting Is Coming Soon Odds Are 50-50 That Legal Sports Betting Is Coming Soon
Odds Are 50-50 That Legal Sports Betting Is Coming Soon Sports betting is no longer unique to Las Vegas. After the U.S. Supreme Court struck down a federal ban that prohibited states from regulating sports wagering, eight states including New Jersey, Pennsylvania and Rhode Island legalized it. Now, 23 other states including Connecticut and New York have legislation pending that would legalize sports betting -- which has become a $400 billion-a-year industry.  Some legislators see legalization as a way to circumvent the gambling black market while reducing state budget deficits.  Sports betting was not included as a proposed s…
Latimer: Balancing Next Budget Calls For Creative, Tough Decisions Latimer: Balancing Next Budget Calls For Creative, Tough Decisions Latimer: Balancing Next Budget Calls For Creative, Tough Decisions
Latimer: Balancing Next Budget Calls For Creative, Tough Decisions County Executive George Latimer said balancing next year's county budget requires creative solutions but also some tough decisions. Latimer has introduced his proposed $1.94 billion to the county Board of Legislators, which can revise the budget before its passage next month. In a Wednesday speech before the Business Council of Westchester, Latimer, a 65-year-old Democrat from Rye, said, "That was a fast year." He spoke to the group a year ago after defeating Republican Rob Astorino. Latimer pointed out that he inherited a multi-million dollar budget deficit and depleted reserves but …
Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit
Parting Plan? Malloy Offers Lamont Insights On Multi-Billion-Dollar State Deficit During the gubernatorial debates, Democrat Ned Lamont said his first order of business would be to craft a fiscally-responsible state budget within 90 days. The clock is ticking, and outgoing governor Dannel P. Malloy offered the governor-elect some tips. Malloy suggested some strategies to avert a multi-billion-dollar deficit that Connecticut could face over the next two years — if solutions remain elusive. Malloy suggested that Lamont, a Democrat from Greenwich, tap into state reserves to avoid tax hikes. Other deficit-trimming options Malloy cited in his transition budget include: …