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Mar 9, 2018

Bill to authorize sports betting introduced in New York

ALBANY, N.Y. (AP) — A bill to legalize sports betting has been introduced in the New York state Senate. Republican Sen. John Bonacic of Orange County announced his proposal Thursday. It would authorize sports betting in casinos and online, and subject casino sports betting to an 8.5 percent tax on gross revenue. Sports betting operators […]

Jan 17, 2017

Supreme Court delays New Jersey sports betting decision

NEWARK, N.J. — Supporters of legalized sports gambling in New Jersey and several other states were dealt a no-decision of sorts Tuesday when the U.S. Supreme Court delayed a ruling on whether it will take up the states’ challenge to a federal ban. The court invited the solicitor general to file a brief on behalf […]

Nov 14, 2015

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 their businesses. In separate complaints filed in state Supreme Court in Manhattan, FanDuel and DraftKings […]

Nov 6, 2013

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 in places like the Catskills that badly need an economic jolt. Tuesday’s vote, which passed […]

Jun 24, 2013

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 rid his casino proposal of politics. Albany’s past expansions of gambling have resulted in some […]

Jan 4, 2012

Cuomo sets state on course for second year

ALBANY — A privately funded plan to build the world’s biggest convention center in New York City with 3,000 hotel rooms and an inside track to expanded gambling got a powerful boost Wednesday from Gov. Andrew Cuomo. Cuomo pushed for a development company’s proposal for Aqueduct racetrack in Queens in his State of the State […]

Nov 3, 2011

Senecas want arbitrator to settle dispute with NY

BUFFALO — The Seneca Indian Nation will seek expedited arbitration to settle a dispute with New York that has held up payment of $330 million in gambling profits to the state and three cities where the tribe has casinos. Seneca President Robert Odawi Porter said Thursday that Gov. Andrew Cuomo had failed to make a […]

Oct 19, 2010

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.

Aug 31, 2010

Senecas vote to withhold casino payments to state

BUFFALO — The Seneca Nation of Indians has voted to withhold a casino payment to New York, claiming the state has violated terms of a 2001 gambling agreement. Leaders of the western New York tribe ...

Mar 30, 2010

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.

Mar 4, 2010

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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