Senator Addabbo may have submitted his bill too late to be considered this session A bill to legalize online poker in New York was left off the agenda before last week’s meeting of a Senate committee to discuss the issue. This means the chances of passing legislation in 2024 could be shelved for now. The Senate Committee on Racing, Gaming, and
The poker tournament series is taking place at Turning Stone Resort Casino The 2024 East Coast Poker Championships will begin on May 16 at Turning Stone Resort Casino in Verona, New York. Three $110 buy-in satellite turbo qualifiers will held on Thursday at 1:00 PM, 5:00 PM, and 8:00 PM, with the top five finishers in each earning
Sen. Addabbo introduced a stand-alone online poker bill this week State Senator Joseph P. Addabbo Jr. introduced SB9226 on May 7 to consider authorizing online poker in New York. The legislation is in line with AB1380, which was introduced by Assemblyman J. Gary Pretlow. However, legislators must move quickly to vote on both bills before the end of the
Idin Dalpour used false promises of huge returns on crypto trading to fill his pockets A New York man is facing federal charges after being arrested for allegedly being the mastermind behind an elaborate Ponzi scheme that robbed $43 million from investors. The scam focused on cryptocurrencies and Las Vegas, and the fraudster is now
A new poll suggests that public opposition to a casino at Citi Field is growing A recent poll conducted at the recommendation of New York State Senator Jessica Ramos shows that residents aren’t keen on the idea of a new Casino in Queens, NY. 61% of respondents are against a Las Vegas-style casino in Queens.
The state gaming commission doesn’t believe it can realistically issue new licenses anytime soon The New York Gaming Commission (NYGC) recently announced that no applications would be accepted and no licenses would be issued until at least late 2025, creating more drama in the competition for the three approved casino licenses in the state. Lawmakers
New York lawmakers continue to redefine the state’s approach to gambling Three different bills are on the table in the New York Senate as lawmakers seek to improve gambling regulations and protect at-risk players. The bill proposed by Senators Joseph Addabbo and Leroy Comrie would protect vulnerable players by stressing the dangers of problem gambling
The bankrupt company will have to figure out how to make the payments to avoid further legal issues The New York State Department of Financial Services (NYDFS) and Gemini cryptocurrency exchange have reached a deal that requires Gemini to return at least $1.1 billion to clients of its Gemini Earn Program via the cryptocurrency company’s
Senator Joseph Addabbo tweaks his bill to make it more appealing to other legislators Since New York launched online sports betting over two years ago, various obstacles have been overcome, underlining the market’s success and its extraordinary prospects. While online sports betting has been a big hit with state residents, legislators continue to pursue more
The organization wants New York to lead the way in blockchain innovation A new amendment has been proposed by the New York City Bar Association regarding emerging technologies, such as digital assets, to motivate cryptocurrency firms to set up headquarters in New York and maintain its status as a leading commercial hub. The New York
The 2024 poker tourney calendar continues to shape up with hot events Turning Stone Resort Casino will host the world’s best players again this year as part of the World Series of Poker. The 12-day WSOP Circuit Event kicks off from March 14 to 25 and features several satellites leading up to the main circuit
Governor Hochul’s budget proposal makes no mention of revenue from online gaming New York Governor Kathy Hochul failed to acknowledge iGaming in her 2024 executive budget release on Tuesday despite the push to legalize online casinos in the state this year. Hochul only mentioned pari-mutuels as gaming initiatives, meaning it will be an uphill battle
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