Featured Articles Archive - Page 43

New York proposes online casino business

NYC Times Square Yesterday, New York Senator Joe Addabbo proposed to take a big bite out of The Big Apple online sports book operators’ tax woes when he introduced iGaming Bill S4865 during a joint hearing. If passed, this bill would only tax the Empire City’s nine sports wagering operators at a 30.5% tax rate as opposed to the 51% state tax they’re being hit with for mobile sports betting.In addition to the lesser tax rate, the bill would also offer one license per operator for each of the state’s nine sports wagering operators of 10 years to conduct slots, table games, and live-dealer games provided the live-dealer studios are in state...read more

Maine starts application process for sports wagering licenses

This morning the Maine Gambling Control Unit announced that The Pine Tree State is joining four of the New England states in the sports betting world. Maine has a long way to go, but with the provisional sports wagering application process underway, it’s closer than it was yesterday.Provisional Sports Wagering applications are now available for completion and submission...read more

Massachusetts sportsbooks already under fire for illegal activity

Plainridge Park Casino in Plainville There always tends to be some bugs to fix when something new is launched, and it didn’t take long for land-based sports betting in Massachusetts to fall victim to an unfortunate blunder.Launched on 31 January, sports wagering in the Bay State does not permit the involvement of college teams in Massachusetts...read more

Bally’s experiences financials highs and lows for year ending 2022

If yesterday’s release of Bally Corporation’s preliminary fourth quarter and 2022 full year end results are any indication of what’s to come, then there are going to be changes going forward. This coincides with the recent announcement by the company that Robeson Reeves will take over for Lee Fenton as CEO effective 31 March.Bally’s assets within the U.S...read more

Encore Boston Harbor receives green light for expansion

The Massachusetts Gaming Commission voted Wednesday to allow Encore Boston Harbor, which sits just outside of the Boston city limits, to begin construction on a new gaming facility across the street from its current location.This new site will include a parking garage, sports bar/sportsbook, poker room, nightclub, a roof deck, theater, and comedy club, in the parking lot across the street from its current location at 1 Broadway.At the heart of the vote was whether or not gaming could take place at the expansion site...read more

Casino City’s Friday Five: Super Bowl LVII and mobile sports betting edition

We are two days away from the biggest football game of the year when the Philadelphia Eagles take on the Kansas City Chiefs. We have betting suggestions from the Casino City team to consider ahead of Sunday’s matchup. In Massachusetts, you will only be able to place a wager at the three land-based casinos, but not online yet...read more

Potential start date for Massachusetts mobile sports betting

Nearly two weeks ago, the three land-based casinos in Massachusetts (Encore Boston Harbor, MGM Springfield and Plainridge Park Casino) started to accept the first sports wagers. Now, we may only be a month away from seeing online sportsbooks do the same.This morning, a potential launch date of 10 March for mobile sports betting in the Bay State was put on the table by Karen Wells, the state's Gaming Commission Executive Director.Many sports fans can get behind that date as it would be just in time for March Madness which is set to begin on 14 March...read more

Top 10 Super Bowl LVII bets

Yesterday, both the Philadelphia Eagles and the Kansas City Chiefs arrived in Phoenix for a week of preparation before taking the field Sunday in Super Bowl LVII. The NFC Champs are slightly favored (-1.5) over the best from the AFC. The moneyline is just the tip of the iceberg as many know when it comes to Super Bowl betting...read more

Casino City’s Friday Five: WSOP schedule and Massachusetts sports wagering edition

The wait is over. On Tuesday, the three casinos in Massachusetts began accepting the first sports bets in the state, including one at MGM Springfield from Bruins legend Ray Bourque who dropped $100 on the Bruins to win the Stanley Cup.Before we look into those details, we have some other top stories of the week to cover...read more

Massachusetts makes history with retail sports betting launch

There were Massachusetts dignitaries and celebrities, but the real stars of yesterday’s retail sports betting launch in Massachusetts were the sports bettors of the Bay State as Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino all began taking sports wagers just in time for the Super Bowl on 12 February.Mobile sports betting is expected to launch by the time the NCAA Men’s Basketball Tournament known as March Madness tips off next month with 11 different operators getting ready to make their apps available within state lines.Yesterday; however, all eyes were on the three casinos, and while the Casino City Times staff attended two-of-the-three openings, it was only fitting that all five members of the Massachusetts Gaming Commission – Chair Cathy Judd-Stein and Commissioners Eileen O’Brien, Bradford R...read more