This Week's Gambling News: August 23, 2024

This Week's Gambling News: August 23, 2024

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

Highlights:
• New York bill to expedite downstate casino licenses faces uncertainty; iGaming legislation stalls without guarantee to preserve jobs
• State regulators, horse racing, and sports betting among topics covered at Saratoga Racing and Gaming Conference, including keynote from MLB star-turned-horseman Jayson Werth
• State Gaming Commission report on horse fatalities at Saratoga in 2023 concludes track conditions among leading factors in horse deaths
• Seneca Presidential election could change casino negotiations

Bennett Liebman

Government Law Center at Albany Law School

August 23, 2024

Casinos

J.C. Seneca suggests new approach to casino pact talks as Seneca Nation president candidate | wgrz.com

Seneca election could change casino negotiations (spectrumlocalnews.com)

Jackpot Digital Signs Two-Table Deal with Seneca Gaming & Entertainment in New York (streetinsider.com)

Bill To Expedite New York Casino Licenses Appears Dead (sbcamericas.com)

New York Bill Speeding Up Casino Process Appears Dead - Poker News (cardplayer.com)

New York Casino License Bill Faces Uncertainty with August Deadline in Doubt (casinonewsdaily.com)

NYS bill to speed up downstate casino bidding is dead, observers say - Newsday

NY casino bid process could come to an anticlimactic end (igamingbusiness.com)

LI Lawyer Pushes Hochul to Expedite NYC Casino Process

Lawyer Urges NY Governor to Fast-Track $6 Billion Casino Proposal - West Island Blog

Unions back New York Times Square casino plan (readwrite.com)

17 Unions Support New York Times Square Casino Plan (sportscasting.com)

There’s no sorries in politics - POLITICO

17 trade unions throw support around Times Square casino bid (amny.com)

High-Stakes Battle Pits Jobs Against Community Concerns as Unions Clash Over Times Square Casino (w42st.com)

Times Square casino gets backing from trade unions (igamingbusiness.com)

Former Jake's 58 Casino Owner Denies Wrongdoing In Violations (playny.com)

Jake's 58 casino hit with 26 compliance violations - Newsday

Genting Berhad Faces Fines And License Revoke From Nevada Gaming Commission (businesstoday.com.my)

Resorts World facing millions in fines for allegedly violating anti-money laundering laws - The Nevada Independent

Genting Seeks Legal Advice After Resorts World Las Vegas Hit With Compliance Complaint - MarketWatch

Las Vegas Strip Casino Accused of Hosting Criminals - WSJ

Genting has 'sought legal advice' on NGCB violations (igamingbusiness.com)

Nevada Gaming Control Board files complaint against Resorts World (gamblinginsider.com)

Resorts World accused of allowing illegal bookmakers to play at casino | Casinos & Gaming | Business (reviewjournal.com)

Resorts World bookie fallout continues with 12-count complaint from Gaming Control Board — CDC Gaming Reports

Genting's Resorts World Las Vegas accused of catering to crime figures (theedgemalaysia.com)

Singapore: Resorts World Sentosa chief casino officer banned from Marina Bay Sands over poaching concerns — CDC Gaming Reports

Resorts World Las Vegas Accused of Catering to Crime Figures – BNN Bloomberg

Process for awarding downstate casino licenses takes shape - (capitolpressroom.org)

Genting Berhad Faces Fines And License Revoke From Nevada Gaming Commission (businesstoday.com.my)

Feds who charged Sibella, Bowyer, and MGM take victory lap in LV  • Nevada Current

Liebman: The Sands casino’s P&L is lost in time and space | Long Island Business News (libn.com), No relation

Bruce Blakeman surpasses $1M mark in campaign donations. Will he run again? - Newsday

 

Saratoga Conference

Racing and Gaming Conference Will Discuss Timely Issues - BloodHorse

Werth Believes Ownership Can Bring People to Racing - BloodHorse

MLB star-turned-horseman Jayson Werth calls for racing revolution (timesunion.com)

Daily Racing Form | Horse Racing | Entries | Results | PPs (Past Performances) (drf.com)

 

New Facilities

Racing Banking on New Facilities to Generate Fans - BloodHorse

Little Urgency in Fixed-Odds Wagering Conversation - BloodHorse

A Call for Improved Transparency of Stewards' Decisions - BloodHorse

US Lottery Industry Quietly Undergoing Revolutionary Changes | Lottery Geeks

Bet-processing companies seek uniformity in pools, payouts (drf.com)

With New President Coming, Seneca Nation Compact Talks May Stall (playny.com)

 

Sports Betting

New York State Illegal Betting Ringleaders Linked to Corrupt Cop Sentenced (casino.org)

No Surcharge Coming As DraftKings Pulls Plug On Plans (playny.com)

Rochester Men Sentenced After Illegal Sports Betting Ring Conviction (playny.com)

New York July Sports Betting Revenue Hits $140.3M Despite Lower Handle (casinonewsdaily.com)

New York Operators Find Sports Betting Stability Following Fluctuating Weeks (covers.com)

Mostly Good News for New York Sports Betting Numbers in July (sportsbookreview.com)

US gamblers are focusing on online sports betting over stocks (readwrite.com)

Chat GPT Sports Betting - Can AI Make Winning Sports Picks? (readwrite.com)

'ESPN Bet' Is A Black Hole | Defector

FanDuel Founder Lawsuit Continues With Amended Complaint (bonus.com)

FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans — CDC Gaming Reports

FanDuel Parent Flutter Stock Surges as Profits Blow Past Estimates (yahoo.com)

DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street – NBC Chicago

DraftKings Ditches Plan to Charge Extra Fees in High-Tax States - CPA Practice Advisor                                

After Surcharge Fail, Bettors May Face Murkier Tax Measures (covers.com)

New Filing Allegedly Shows How FanDuel Valuation Manipulated - Legal Sports Report

Notre Dame suspends men's swim team after probe reveals gambling scandal (nypost.com)

Notre Dame Men's Swim Team Suspended For Internal Gambling - Legal Sports Report

Sports gambling scandal timeline: From Porter to Notre Dame swim team - ESPN

WATCH: Chris Grove On The Future Of Sports Betting, iGaming (gambling.com)

Betfred Could Consider Exit from US Sports Betting Market (casino.org)

Business By The Books: Fee Reversal Helps DKNG Stock Recover - Legal Sports Report

Where the Money From Legal NFL and Other Sports Betting Actually Goes - Bloomberg

NFL Players Weigh In on Sports Gambling, Personal Finance - Bloomberg

Legal Sports Betting Changed ESPN, Sports Illustrated for the Worse - Bloomberg

How Legal Sports Betting Changed Everything for Players, Fans and Watchdogs (bloomberg.com)

Where American Sports Betting Stands Following Paris Olympics and Ahead of Fall Sports Season - CivicScience

Why Did Houston Rockets Delete NBA Betting Tweet About Jalen Green? - Legal Sports Report

Sportsbet, Entain and Pointsbet back jersey, field sign gambling advertising ban (afr.com)

DraftKings Sends Golf Email To Wrong Customers, Spooks Bettors (sportshandle.com)

Sportradar Group AG (NASDAQ:SRAD) Q2 2024 Earnings Call Transcript - Insider Monkey

One-Third of Sports Bettors in Legal States Still Use Offshore Sportsbooks (covers.com)

Beyond the stats: The human side of Matthew Berry (app.com)

 

IGaming

Job Guarantees, Not Economic Projections, May Be Key To Unlocking iGaming Legalization Stalemate In New York (forbes.com)

Addabbo: New York Casino Job Guarantees Could Aid iGaming Bill (bonus.com)

Full US iGaming Legalization Could be Worth Up to $15B in Tax (bonus.com)

States Without Legal iGaming Missing Out On Billions, Report Says (playusa.com)

Reasons Why Online Casinos Could be Legal in New York State in 2024 (wyrk.com)

Is the Key to iGaming Legalization the Economy, Stupid? (covers.com)

How Is The Market Feeling About Light & Wonder? - Light & Wonder (NASDAQ:LNW) - Benzinga

 

Problem Gambling

Paper: Gambling Disorder Treatment Restores Proper Perspectives (playusa.com)

Schuetz: Real Friends Don't Feed Your Addiction | Casino Reports

Betting on the future: Sports gambling thrives in Az, but at what cost to students & athletes? (tucsonsentinel.com)

 

Horse Racing

John Hendrickson, husband to Marylou Whitney, dead at 59 (timesunion.com)

Racing Hall of Fame Chairman John Hendrickson, husband of Marylou Whitney, dead at 59 – Saratogian

John Hendrickson, husband to Marylou Whitney, dead at 59 (spectrumlocalnews.com)

From the archives, 1996: Hello Marylou, goodbye heart (timesunion.com)

Saratoga Notebook, Presented by NYRA Bets: Thorpedo Anna Getting Closer to Her Bid to Make History in Travers (thoroughbreddailynews.com)

1,000 Wins in North America for Trainer George Weaver (thoroughbreddailynews.com)

Hometown Jockey Dylan Davis on a Tear in Saratoga (thoroughbreddailynews.com)

Saratoga Notebook, Presented By NYRA Bets: Thorpedo Anna Will Go Back To Fillies After Travers (thoroughbreddailynews.com)

Daily Racing Form | Horse Racing | Entries | Results | PPs (Past Performances) (drf.com) Flavien Prat and Travers Day

Daily Racing Form | Horse Racing | Entries | Results | PPs (Past Performances) (drf.com) 4 Grade I’s on Travers Card

NYRA Releases Belmont at the Big A Stakes Schedule - BloodHorse

TAG at the Track: Aftercare Day celebrates retired Thoroughbreds, and New York's commitment to care for them | Sports | dailygazette.com

NYRA, HISA celebrate bolstered racing safety efforts as Saratoga meet enters final stretch | WAMC

Report says track conditions lead factor in horse deaths (news10.com)

New York Veterinarian: ‘I Guarantee’ We’ll Never See A Fatality Spike Like Saratoga 2023 Again - Paulick Report | Shining Light on the Horse Industry

07.29.24.2023SaratogaMortalityReviewFinal.pdf (ny.gov)

McPeek filly Thorpedo Anna takes crack at loaded Travers | Lexington Herald Leader (kentucky.com)

Power Squeeze Wins Alabama Stakes, Setting Stage for Travers Day (cbs6albany.com)

‘A year after I was crying, I’m crying again, with joy’ – triumph after the tragedy as Power Squeeze prevails | Topics: George Weaver, Kathleen O'Connell, Jorge Delgado, Saratoga Stretch, NYRA, Saratoga, Saratoga Race Course, New York Racing Association | Thoroughbred Racing Commentary

Rich Strike Re-Injured, Retirement Likely (thoroughbreddailynews.com)

ARCI's Ed Martin on TDN Writers' Room: What's Next for HISA - TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions

Daily Racing Form | Horse Racing | Entries | Results | PPs (Past Performances) (drf.com), Death of Tommy Roberts

Keeping Pace: Threading The Needle On Medication Standards - Paulick Report | Shining Light on the Horse Industry

Tioga Downs donates $95k to Southern Tier Veterans Support Group (binghamtonhomepage.com)

Flutter is sweeping all before it - and racing must realise its attention is increasingly focused elsewhere | Racing Post

The Jockey Club: Racing leaders are urged to modernize (horseracingnation.com)

Betting crew says goodbye to Pimlico before renovations (baltimoresun.com)

Iowa racehorse owners sue over nonprofit group's assessments (desmoinesregister.com)

A boom in the Bluegrass expected after Justify-mania and other US-bred success in Europe | Racing Post

 

General Gambling

AGA reports 14th consecutive quarter of growth in US OSB and igaming - EGR North America

U.S. Gamblers Lose $17.6B in Second Quarter (casino.org)

AGA Asks Gaming Regulators To Look At Sweepstakes Operators - Legal Sports Report

Howard Glaser on LinkedIn: It's time to pull the alarm bell on this one folks: “Sweepstakes… | 11 comments

State policy matters still prevent cannabis from intersecting with casino resorts | Casinos & Gaming | Business (reviewjournal.com)

FEELING LUCKY: A New Casino Is Coming To East Texas (kkam.com)

Borgata Fined $75K For Overstatement of Promotional iGaming Credits (honeymonkeypineapple.com)

U.S. looks to ban election betting as traders flock to prediction sites - The Washington Post

Scientific Games Analyzes Role Of Instant Scratch Games Amid Declining Sales (lotterygeeks.com)

The Economics of Casinos: How Gaming Revenue Shapes Local Economies (finsmes.com)

Three Conn. tribes rejected by U.S. Bureau of Indian Affairs 20 years ago could get recognized (theday.com)

Atlantic City casinos not seeing summer tourism rebound (thedailyjournal.com)