We all know that there will be a ridiculously high tax on New York mobile betting. And now, the CEO of DraftKings, Jason Robins, has made an interesting statement on the issue. It is being reported that Robins believes the 51% tax rate will not be a problem for the company. While speaking at the […]
Tag: Mobile and Social Gaming
Delays for Louisiana Online Sports Betting
Although betting on sporting events is now legal within its borders, the Gaming Control Board has announced that Louisiana online sports betting is not quite ready for the public. The state approved and legalized sports wagers back in June, and land based sports betting launched earlier this month. Despite this, however, the regulation of gambling […]
New York State Selects Mobile Sports Betting Operators
It’s been a long time coming. Now, the list of mobile sports betting operators for New York has been released, and it says a lot about the state legislature there. The two bidding parties revealed are one from FanDuel and another from Kambi. That does not mean these are the only two operators, though. The […]
Scary Mobile Sports Betting News from New York
In our spooky edition of the show, we follow up on the scary New York mobile sports betting news, as they have doubled down on their ridiculous tax rate! It’ s a move that some fear could set the industry up for failure before they even launch. We also talk about the record breaking sports […]
New York Mobile Sports Betting Tax Now at 64%
If you thought that the proposed 50% tax rate for New York mobile sports betting was too high, then brace yourselves. The State Gaming Commission has just confirmed that the new and improved tax rate will be no less than 64%… the highest in the nation. The operators who applied for licenses to provide mobile […]
New York Mobile Sports Betting Still Waiting
Ah, how fondly we remember when New York mobile sports betting was passed way back in April. And then, the delays started to mount. Now, as we near the end of the year, the application process drags on. One has to wonder if the delay could have anything to do with the monstrous 50% tax […]
The Future of Mobile Gambling
Smartphones have changed the lives of many people on the planet. And no doubt, mobile gambling has been a boon for the gaming industry. But where will this lead us ten or even twenty years in the particular future? Right now about 35% of the global population has a cell phone, and that number is […]
FanDuel & Bet365 Bid for New York Mobile Betting
With New York mobile betting closing in, the state has unveiled the names of the companies bidding for the sports betting licenses. Fanduel and Bet365 top the list, followed by other familiar names like Fox Bet, TheScore, and Kambi. FanDuel submitted their bid with plans to offer products from BallyBet, BetMGM and even rival DraftKings. […]
New York Mobile Sports Bets: Applications Welcome
If you are an operator wanting to offer New York mobile sports bets, get ready to pay a heavy price. After years of trying to pass legislation to allow the activity, the state of New York seems pretty proud of themselves. The cost for the privileged of serving players in the Empire State? How about […]
New York Online Sports Betting Becomes Law
After much delay and political fighting, New York online sports betting was finally signed into law by Governor Andrew Cuomo. Now, the real work begins. The goal is to have online and mobile sports bets fully regulated in time to let residents bet on the next Super Bowl. That means writing the rules, processing applications, […]