New York Senate passes bill to ban sweepstakes casinos
The New York State Senate Racing, Gaming, and Wagering Committee passed a bill aimed at banning sweepstakes casinos in the state.Sponsored by Senator Joseph Addabbo Jr,...
New York breaks U.S. record with $24B in sports bets
Over the 2024-25 fiscal year, players in New York placed nearly $24 billion in sports bets, hitting the biggest number any US state has ever seen.
The $23.94 billion total with $2.14 billion in revenue is a significant increase when compared to last year’s $19.64 billion. FanDuel claims the crown with $9.2 billion in bets and almost $970 million in revenue. DraftKings comes next with $8.6 billion and $727.9 million in revenue. Caesars concludes the list of the top three with $1.45 billion in bets. Other major players like BetMGM, Fanatics, and Rush Street Interactive also posted solid numbers.
March 2025 ended things with a $2.44 billion bet, nearly matching January’s all-time high. For the first time since mobile betting launched in 2022, every single month of the year recorded more than $1 billion in wagers.
Beyond the bets, over $1.1 billion is being put to good use, supporting education, youth sports, and programs to help people affected by gambling.
New York considers closing casino doors for players under 21
The legal gambling age in New York could soon rise, limiting gambling on the state's 17,600 video lottery terminals (VLTs) for those under 21.Currently, anyone 18 or...
