Scary Mobile Sports Betting News from New York

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…

Fantasy Sports are gambling

New York Gaming Commission Green Lights Sports Betting Regulations

The New York Gaming Commission on Monday approved a set of proposed sports betting regulations for four existing upstate casinos, potentially setting the stage for the launch of legalized sports gambling in the Empire State. The comprehensive regulations address a wide range of gaming issues from tax and compliance requirements to sports pool licensing guidelines, as well as broad wagering restrictions. The main takeaway from Monday’s meeting, however, centers on a provision that was not discussed. The regulations do not include any guidelines for mobile sports betting, a subject that has garnered intense debate within the state as New York…