This Week's Gambling News: July 19, 2024

This Week's Gambling News: July 19, 2024

A digest featuring the latest news in gambling in New York State and beyond.

Highlights:
• Buffalo lawmakers call for WROTB board to rescind severance packages for top execs
• New York Yankees, MGM Resorts announce new partnership, spark speculation about MGM Casino plans
• New York mobile sports betting handle hits $1.47bn in June
• Gov. Hochul forgoes special legislative session on online gambling
• NYRA, FanDuel resolve contract dispute ahead of Saratoga racing season
• Total money wagered in opening week at Saratoga up 18% vs. 2023

Bennett Liebman

Government Law Center at Albany Law School

July 19, 2024

Casinos

iNTERGAMING for the global casino industry (pagesuite.com) on Jake’s 58

High Line Opposes Wynn Casino Plans for New York’s West Side (bestinslot.co)

Opposition mounts against Wynn NYC casino proposal (focusgn.com)

Wynn NY Casino Faces More Opposition With Launch Of High Line Campaign (playny.com)

Related Companies to build 1,200-foot skyscraper on Madison Avenue (nypost.com)

Related, Wynn Find Casino Pitch Resistance on The High Line  (therealdeal.com)

Ross Steps Down At Related Cos. To Run Florida-Based Firm - Law360 Real Estate Authority

Stephen Ross Is Launching His Second Act at 84: A New Florida Real Estate Firm (msn.com), WSJ

News | Related Cos. Founder Stephen Ross To Exit Company, Launch Firm in Florida (costar.com)

Storied History Of MGM Empire City As It Seeks Downstate NY Casino License (playny.com)

New Deal Makes MGM Resorts 'Proud Partner' Of New York Yankees (playny.com)

Empire City Casino becomes a New York Yankees partner  - Westfair Communications (westfaironline.com)

New York Yankees, MGM Resorts announce new partnership (cbssports.com)

Could New Yankees Partnership Tie Into MGM Casino Plans? - Legal Sports Report

Buffalo-area officials criticize OTB for executive buyouts. : Investigative Post

Harsh words for costly OTB buyouts | Local News | lockportjournal.com

State lawmakers, County Comptroller call on OTB Board of Directors to rescind $500,000 severance packages for top executives (msn.com)

Buffalo lawmakers call for WROTB board to rescind severance packages | News | thedailynewsonline.com

Elder calls out Morinello's 'conspicuous' silence on WROTB | Local News | niagara-gazette.com

OTB Followed the Correct Law in Negotiating Buyouts - The Niagara Reporter (niagarafallsreporter.com)

New York commercial gaming revenue falls to $56 million in June - Gaming Intelligence

California casinos gave heavily to lawmakers before gambling vote (calmatters.org)

Waukegan Casino Plans On Hold Because of Court Challenges (playillinois.com)

 

Sports Betting

FanDuel Edges DraftKings In Latest New York Mobile Weekly Revenue Numbers (sportshandle.com)

New York Sports Betting Operators Combine for 26% Rise in Weekly Revenue (covers.com)

New York Sports Betting Surges with $1.47 Billion Handle - video Dailymotion

Market Monitor: New York Sports Betting June 2024 | Poker Industry PRO

New York mobile sports betting handle hits $1.47bn in June (focusgn.com)

GeoComply, EPIC Face Stiff Competition In Geolocation, Education (sportshandle.com)

Sports Betting Companies Weed Out Winners. Gamblers Want to Know Why. - WSJ

SEC Media Days: What Commissioner Greg Sankey is saying about legalized sports gambling - lonestarlive.com

NFL mandated release of injury information 77 years ago today - NBC Sports

Manfred: MLB Betting Scandals Will Not Lead To Federal Oversight - Legal Sports Report

Betway Exits US Sports Betting But Keeps Online Casinos Going (playusa.com)

Fanatics Fined For Prohibited College MA Sports Betting Wager - Legal Sports Report

Business By The Books: Could Sports Betting Leaders Shift Odds? - Legal Sports Report

Colorado Tribe Sues to Get Florida Betting Deal - Gaming Today - Gaming Today

Why Would FanDuel Parent Buy Penn Digital Business? - Legal Sports Report

NCAA's U.S. Olympic team warning just 'sportspocalypse' threat (baltimoresun.com)

Pirates ace Paul Skenes' success disrupting betting market - ESPN

Sports Betting Statistics: Legality By State – Forbes Betting

Paris Olympic Games Expected To See Record Volumes of Bets as America Loosens Gambling Restrictions | The New York Sun (nysun.com)

Sports Betting Odds: Everything You Should Know About Understanding Markets - Newsweek

The US Sports Betting Graveyard Is Getting Crowded | LSR Podcast 240 (legalsportsreport.com)

Plain old bad luck? New Jersey sports betting revenue down 24% at casinos, and 9.5% overall in June - Newsday

https://x.com/GeoffZochodne/status/1813565303873540391 on sports gambling shares

Rush Street Interactive Part Of Acquisition Target Rumors Again (playusa.com)

David Power, co-founder of Irish bookmaker Paddy Power, 'a two-fingered salute to the Brits' – obituary (telegraph.co.uk)

Inside the historic Iowa athlete sports betting prosecution - ESPN

Why we’re always just one wager from next betting scandal (thestar.com)

 

Problem Gambling

Schuetz: A Tiresome Bout Of Problem Gambling Fatigue | Casino Reports

Gambling Addiction Amongst US Military On The Rise (addictioncenter.com)

Cocaine, alcohol and gambling addictions 'often go hand-in-hand', says treatment centre (irishexaminer.com)

National Council on Problem Gambling unites tribal gaming execs to form advisory council - EGR North America

MAILBAG: Player protection needed in mobile sports betting | Opinion | lockportjournal.com

Sports betting increasing gambling addiction, studies show (audacy.com)

 

Online Gambling

Hochul forgoes special legislative session on online gambling | Fingerlakes1.com

National Legislative Conference Focuses On Online Casino Model (playusa.com)

Crash games: The new era of online gambling | Yogonet International

Ohio lawmakers advocate for legalization of iGaming and iLottery | Yogonet International

Report Of Study On Ohio's Gaming Future Released (usbets.com)

 

Horse Racing

With Mentee Out, Mo Plex Rolls In Sanford (thoroughbreddailynews.com)

NYRA and FanDuel settle contract dispute with new deal agreed - EGR North America

FanDuel and NYRA Resolve Horse Betting Dispute Before Saratoga Season (worldcasinodirectory.com)

FanDuel, NYRA Solve Horse Betting Content Dispute - Legal Sports Report

Thorpedo Anna's Travers' Status Tops Storylines For Saratoga Meet (usbets.com)

Saratoga: Rice says her stable isn't as strong this summer (horseracingnation.com)

Total money wagered in opening week at Saratoga up 18% vs. 2023 (timesunion.com)

Saratoga Race Course Opening Weekend Sees 18% Revenue Boost (sportsgrid.com)

Off to strong start at Saratoga, Chad Brown looks ahead (horseracingnation.com)

Weather, tradition draw fans to Saratoga Race Course Thursday | News | dailygazette.com

‘There’s nothing like it’: Opening day at Saratoga Race Course – Saratogian

NYRA Bets to take over account-wagering operations in New Jersey (drf.com)

NYRA Bets to Manage New Jersey Horse Racing Online and Mobile System (thoroughbreddailynews.com)

NYTHA Contributes $25K to Support Cornell Equine (thoroughbreddailynews.com)

LEGEND REDUX: CELEBRATING A LIFE, AN OPEN LOVE LETTER TO HARVEY PACK - Horse Race Insider

After Rulings, HISA to Oversee Most U.S. Racing for Now - BloodHorse

Keeping Pace: What's Next For HISA? No One Really Knows - Paulick Report | Shining Light on the Horse Industry

Iowa HBPA, HISA Working Toward Assessment Deal - BloodHorse

Immigration and its effect on harness racing - Harnesslink

Off Track Betting - What is Off-Track Betting? (techopedia.com)

Federal Appeals Courts Split on Constitutionality of National Law to Promote Safety, Anti-Doping Practices in American Horse Racing (centerforahumaneeconomy.org)

Accel Reaches Agreement To Buy Fairmount For $35 Million (usbets.com)

Accel to acquire Illinois' FanDuel Sportsbook & Horse Racing, with plans for new casino | Yogonet International

New Jersey Horse Betting Marketplace To Open For Competition - Legal Sports Report

Betting Monmouth Park horse races getting big changes with NYRA Bets (app.com)

Horse Betting Market Big Growth Predicted for Market Size in the Future | Taiwan News | Jul. 17, 2024 04:45

 

Other Gambling

Walmart Is Making Major Push To Grow Its Lottery Sales (lotterygeeks.com)

Lotto Matrix: Unclaimed Billions, IGT Expands Reach and More (lotterygeeks.com)

FOMO, Gambler's Fallacy, And Playing The Same Lottery Numbers Every Time (lotterygeeks.com)

Gamblers in Brazil Stop Eating Pizza and Going to the Movies to Spend on Bets - 15/07/2024 - Business - Folha (uol.com.br)

American casinos: Foot traffic, revenue up year over year — CDC Gaming Reports

FanDuel Canada Suspends U.S. Presidential Election Markets (covers.com)

Presidential betting odds favor Trump after assassination attempt (usatoday.com)

Sportsbooks Split on Election Betting in Canada After Shooting (covers.com)

Analysts applaud Bally’s deal — CDC Gaming Reports

Fluharty Has Eye On 'Education Gap' At NCLGS Summer Meeting (casinoreports.com)

What's The Real Cost Of Doing Business In The American Gambling Industry? (dcreport.org)