The State Gaming Commission has finally approved the rules for New York mobile betting. And according to one State Senator, bets could be taken as soon as the middle of next month. However, before any bets can be placed, there is an important process to be worked out. That is, the location of the servers which will accept the bets, which must be placed within one of the licensed land-based casinos. State Senator Joseph Addabbo had high praise for the Commission, as the hope had been to accept bets in time for the Super Bowl in February. From all indications,…

We all know that there will be a ridiculously high tax on New York mobile betting. And now, the CEO of DraftKings, Jason Robins, has made an interesting statement. While speaking at the Canaccord Genuity 2021 Digital Gaming Summit, Robins said he believes the 51% tax rate will not be a problem for the company. And we think we know why, as he plainly said that players who bet for profit are “not the kind of players” DraftKings wants. Now, let’s think about that statement for a moment. What Robins seems to be saying is that the exorbitant tax rate…

With New York mobile betting closing in, the state has unveiled the names of the companies bidding for the sports betting licenses. Fanduel and Bet365 top the list, followed by other familiar names like Fox Bet, TheScore, and Kambi. FanDuel submitted their bid with plans to offer products from BallyBet, BetMGM and even rival DraftKings. Bet365’s bids included only their own products. The big submitted by TheScore also included exclusively their own offerings. Kambi submitted two applications, the first of which has a partnership with Fanatics Sportsbook and Penn National. Their second application offers partnerships with Caesars, Resorts World, WynnBet…

Sure, you can bet on sports in the Empire State… but only in person at a brick & mortar casinos. Now New York mobile sports betting has the support of the Governor’s office… if only that were enough. Casino gambling was passed many years ago after it was determined that the activity is allowed under the New York Constitution. Some would argue that since sports betting takes place at state casinos, it would be a simple matter to allow online or mobile betting. But it’s not that simple. You see, the gambling is permissible under the constitution at “…no more…