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Tag Archives: gambling

Ordered to stop, fantasy sports companies turn to court

NEW YORK — The country’s two biggest daily fantasy sports companies filed court papers on Friday in New York, asking a judge to stop the state attorney general’s efforts to shut down their operations and rule on the legality of ...

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NY rolls into casino business after voter approval

ALBANY — Even before polls closed on what would be a resounding victory authorizing seven Las Vegas-style casinos in New York, confident developers were making plans to announce specifics of the splashy hotels and gambling palaces they hoped to build ...

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Campaign donations ban kept out of casino law

ALBANY — As New York moves to expand gambling, Gov. Andrew Cuomo and legislative leaders have quietly deleted a proposed ban on accepting campaign contributions from casino operators. Cuomo had said as recently as June 6 that he wanted to ...

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Mohawks stop sharing casino revenue with state

ALBANY — The St. Regis Mohawk Tribal Council has stopped sharing revenue from the casino along New York's northern border with the state, claiming the exclusivity provision of its gambling compact has been violated.

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U.S. Tax Court: Gambling pro can deduct losses

A taxpayer who read a few books on gambling and had reasons for gambling on certain days or at certain hours qualified as a professional gambler and could deduct her losses against her gambling income, the U.S. Tax Court has ruled.

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Little luck in efforts to expand gambling

ALBANY — The expansion of gambling in New York is having a streak of bad luck. The recession has interrupted more than $900 million in construction work on a Seneca Indian casino ...

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