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Hellmuth vs. Negreanu: Time to Place Your Bets on High Stakes Duel II
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The long awaited Phil Hellmuth vs. Daniel Negreanu heads-up match is almost here! The poker world — at least from what I’ve been seeing on Facebook and Twitter — is all worked up in a frenzy. It’s the topic on everyone’s lips, and numerous industry podcasts can’t stop talking about the legendary matchup either. So yes, it is happening! Poker titans Phil Hellmuth and Daniel Negreanu will be locking horns in what’s sure to become an instant classic confrontation, on PokerGO’s High Stakes Duel II. The match is slated to begin on Tuesday, March 16th, at 8 pm Eastern/5 pm Pacific. Let’s get hyped, shall we… I, for one, am ready, and so are the two combatants, each of whom is coming off other recent heads-up matches. Hellmuth defeated Antonio Esfandiari in the (original) High Stakes Duel matchup, while Negreanu lost to Doug Polk in their 25,000-hand online poker battle. The rules of the High Stakes Duel II are as follows: Image credit: PokerGO.com Place Your Bets on StakeStars Ok, so now you’ve read the rules, you’ve seen the hype video, you’ve read the back and forth on Twitter, and you’ve heard the smack talk on every poker podcast out there. Now it’s time to pick a side! Based on Daniel having been in the lab for the past several months for his match with Doug Polk, while Phil is banking on what brought him to the dance as defending High Stakes Duel champ, conventional wisdom says that Negreanu is the solid betting favorite. However, that’s not the case at StakeStars. They’ve placed Hellmuth as the favorite in the match! So, if you’re on Team DNegs and looking for some great value on a wager, StakeStars is where you want to go to place your bet on the match. Negreanu recently joined Jeff Gross to discuss the match, and was informed of the StakeStars line… .@JeffGrossPoker & @RealKidPoker discuss the “crazy” line where https://t.co/me6o55jNh2 has @phil_hellmuth favored vs DNegs. If you like DNegs in this match you will not find a better line – check it out below! Direct link to bet: https://t.co/99DpIBuq1Nhttps://t.co/p7OR631u3l — StakeStars (@StakeStars) March 9, 2021 Well, as of this writing, that line is not sold out, and it is still available on StakeStars! As mentioned in the clip, the maximum bet is $500, which would currently net you a $725 profit on a Negreanu bet if he wins the match. A $500 bet on Hellmuth would net you a profit of $305 based on the -164 line as the favorite. Of course all of these calculations are correct as of publication time, but should the line move the payouts on all subsequently placed bets would as well. While $500 is the maximum allowed bet, you can of course wager any lower amount, so if you just want to put a fiver or a tenner on your favorite of the two Poker Hall of Famers and have a small sweat, you can place that bet, too, and have a rooting interest in the match. So, you in? Here’s where to go to get in on the action! We’re less than a week away form this battle of two absolute legends. It’s one of the most anticipated events in recent poker history, and StakeStars is giving you the opportunity to join the action. Once again, the opening bell rings for Round 1 of High Stakes Duel II at 8 pm Eastern / 5 pm Pacific next Tuesday on PokerGO. Don’t forget to grab the popcorn! The post Hellmuth vs. Negreanu: Time to Place Your Bets on High Stakes Duel II appeared first on Cardplayer Lifestyle Poker.
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The luck of the Irish has Ireland at the top of global gambling spend
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It may not have originated in Ireland, but the phrase “the luck of the Irish” rings loudly in the country. According to The Irish Post, more money is spent, per capita, on gambling in Ireland than in almost all other countries around the world. Only in two countries – Australia and Singapore – is more spent hitting the slots and the tables than in Ireland.The media outlet doesn’t source its data, but indicates that the Irish love online gambling more than any other form. Online gambling spend is 60%, greatly superior to other forms gambling and sports gambling, which only accounts for 15% of the money. The lottery receives a 10% cut, the same amount given to gambling machines and slots. Casinos, of which Ireland has around 20, pick up 5% of the action.While Australia and Singapore may see more gambling spend per capita, Ireland is the hands-down winner in online gaming spend, with The Irish Post asserting, “Ireland takes the lead globally when it comes to online gambling.” It adds, “With almost 3 billion American dollars spent on gambling and betting every year, that means that each man, woman, and child in Ireland are spending roughly 500 [euros] ($607) annually on this type of entertainment.”The media outlet further indicates that online gambling is most popular in Ireland because the segment is more regulated. It cites “outdated laws” that some casinos are exploiting to attract attention, but the transparency and accountability afforded gamblers by online operators give them an edge. The Irish Post explains that, according to reports, many Irish would prefer to gamble in a British casino than in a domestic one, possibly as a result of the outdated laws.Even before the COVID-19 pandemic, the Irish loved to gamble online and the segment increased about 15% each year. Last year, with the coronavirus in full swing, the numbers jumped substantially and, with the introduction of live online casino games and live sports gambling, the online segment has skyrocketed in popularity. Online gambling is inarguably the future, looking down the road 20 to 30 years, but it’s never too early for casino operators to start preparing.Surprisingly, the U.S. ranks fifth in terms of per-capita gambling spend, even less than Finland. However, with a population of over 330 million, it’s the largest market available. $120 billion was spent on gambling in the country in 2019, while the Irish spent $2.7 billion through its population of less than five million.
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Win a Share of $1.5 Million in PokerStars’ Tetris® Spin & Go Games
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February 16, 2021 Matthew Pitt Tetris® combines with Spin & Go tournaments at PokerStars in a fun promotion that sees $1.5 million paid out between February 15 and March 28. Head to the Spin & Go lobby in the PokerStars client and you’ll see there are Tetris® Spin & Go games with buy-ins of $0.25, $1, $2, $5, $10, $25, $50, $100, $250, and $500. They all play out the exact same way as a traditional Spin & Go, meaning they’re three-handed hyper-turbo tournaments where the prize pool is randomly determined before the first hand is dealt. It’s still possible to win up to $1 million in some of these game, but there are a few notable differences. First, the virtual felt is made up of Tetris® blocks, which actually looks pretty cool. Also, the dealer button is now a Tetris® block too, and other blocks fall down the screen. The Tetris® part of the promotion comes in the form of leaderboards. There’s a separate leaderboard for each Tetris® Spin & Go buy-in level, so 10 in total. You need to opt-in and then fire up some Tetris® Spin & Go tournaments. Play your tournaments as you would ordinarily, but do so knowing the aim of the game is to clear lines, just like in Tetris®. The number of lines you clear depends on your Spin & Go multiplier and your finishing position in the tournament. Your level increases each time you clear five lines. This results in you earning even more points so you can climb up your leaderboard faster. The 2021 Guide to PokerStars Spin and Go Poker How Many Lines Do I Clear?  1st2nd3rd 2x432 3x321 Over 3x211 As you can see from the table above, finishing in 1st place in a Tetris® Spin & Go that has a 2x multiplier clears four lines. Just playing a tournament earns you points. How Do You Earn Points? The number of leaderboard points you earn is based on your finishing position and your current level. You start off earning 40 points for clearing one line when you’re at Level 0, but this increases to 840 points if you manage to climb to Level 20, which is the highest level you can achieve. It is possible to earn up to 25,200 points per Tetris® Spin & Go tournament, as you can see in this table. LevelPoints for 1 LinePoints for 2 LinesPoints for 3 LinesPoints four 4 Lines 0401003001,200 1802006002,400 21203009003,600 31604001,2004,800 n=40*(n+1)=100*(n+1)=300*(n+1)=1,200*(n+1) 208402,1006,30025,200 Tetris® Spin & Go Payout Table The leaderboards payout $33,000 every day throughout the promotion making for a combined total of $1,500,000 just for playing Tetris® Spin & Go tournaments. The $0.25, $1, $2, and $5 leaderboard payout the top 100 points earners, so you have a decent chance of walking away with a cash prize. The prizes don’t have any restrictions on them meaning you’re free to do with them as you wish.  $0.25$1$2$5$10$25$50$100$250$500 1$50$150$250$400$500$500$750$1,000$1,500$3,000 2$40$100$200$300$400$400$600$800$1,000  3$30$75$150$250$350$350$500$600$750  4$20$50$100$200$300$300$400$500$500  5$15$25$50$150$250$250$300$400$500  6-10$10$20$40$100$150$150$150$200   11-20$5$10$20$50$100$100$100$100   21-50$5$5$10$25$50$50     51-100$5$5$5$10       Spin & Go Your Way to a PokerStars Sunday Million Seat The Tetris® Playing Field – Avoid Hitting Game Over There’s an extra element to this promotion that you have to be aware of at all times. PokerStars calls it the Playing Field. Just like in a game of Tetris® where it is Game Over when the blocks reach the top of the screen, it can be game over for you if you go on a streak of out of the money finishes! Finishing in first place either improves your Playing Field status or makes zero change to it. Finish in second place, however, and your Playing Field status either stays the same or actually worsens, which is also the case when you finish in third place. Your table, or playing field, is green in color when your Playing Field is in a good state. It turns amber when it is worsening and turns red when you’re in big trouble. Failing to win when your playing field is red could see you reach Game Over which means you cannot earn any more leaderboard points until the next day! The changes to your playing field status depend on your current level.  1st place 2nd place 3rd place   LevelImproveNo ChangeNo ChanceWorsenNo ChangeWorsen  0-1100%0%100%0%100%0%  2-580%20%80%20%50%50%  6-960%40%60%40%40%60%  10-1340%60%40%60%30%70%  14-1720%80%20%80%200%80%  18-2020%80%20%80%10%90%  Get Involved in the Tetris® Spin & Go Promotion With $33,000 waiting to be won every day until March 28 there’s no time to waste if you want to win some free cash. Download PokerStars via PokerNews, enter the bonus code “STARS600” when making your first deposit and PokerStars will match your deposit 100% up to $600. In fact, your first three deposits in a 90-day window are matched 100% up to a combined maximum of $600. All you need to do then is opt-in and fire up some Tetris® Spin & Go tournaments and see if you can pad your bankroll with some of the $1.5 million that’s guaranteed to be won. That and try not to spend the rest of the day humming the famous Tetris® tune! The Stars Group is a majority shareholder in Oddschecker Global Media, the parent company of PokerNews.
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BGC ices gambling talk on football social media sites
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The UK Betting and Gaming Council (BGC) is asking football clubs to refrain from discussing and promoting gambling on their social media sites in as part of an effort to avoid triggering problem gamblers. It’s move that may seem extreme to the layman, but will likely help keep UK gambling operators a step ahead of UK gambling regulators. Guidelines for how football clubs should handle discussions of gambling were sent out by the BGC late last week and utilize a plea from 50 former gambling addicts to make the case. They pointed out that seeing their favorite club site promoting gambling caused them “distress” and “encouraged” them to place wagers. As an effort to avoid these triggering moments, the BGC is recommending that football clubs refrain from promoting gambling operators or bonus offers and their “organic tweets”. This is a nod to the reality that gambling offers are ubiquitous on social media and that no one is really more than a click or two away from them on the internet anyways. BGC officials sent a letter detailing the new code of conduct to 11 football clubs, as well as to social media operators. In a statement reported on by SBC News, Brigid Simmonds OBE, Chairman of the BGC described the importance of the new standards saying, “Our members rightly have a zero tolerance approach to gambling by under-18s, so as an industry we are understandably concerned that children may be exposed to betting adverts on social media platforms. Our new guidelines make clear the standards expected of football clubs when they post gambling promotions on social media, and I look forward to them being put into practice as soon as possible.” The BGC guidelines are not legally binding, but members of the BGC who wish to remain in good standing are expected to abide by them. The post BGC ices gambling talk on football social media sites appeared first on .
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GGPoker Adds More Variety to No-Strings-Attached “Daily Freebie” Promotion
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Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded. During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls. All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes. The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase. “GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker. “We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.” For existing players, Daily Freebie is available immediately—just log in and claim. If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses. How the GGPoker Daily Freebie Promotion Works The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021. One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin. This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.* Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded. The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon. Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge. As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes. The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie. Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison. The overall feedback for the new tournament format has been very positive, as outlined by Burke. “Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.” Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February. The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
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Thousands of jobs available at tribal casinos
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With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.
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Daily Cash Smash 2.0 Live Now At The Cash Tables On PokerBaazi
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Starting from 16th February to 28th February, PokerBaazi will be hosting the Daily Cash Smash! 13 Days, daily leaderboards and prize pool of INR 21.45 Lakhs! The players can grind any of the three (NLHE/PLO-4/PLO-5) cash tables and all the chips won from the leaderboards will be withdrawable (separate for all three variants)!  All players will have a chance to win from a daily prize pool of INR 1.65 Lakhs! All you have to do is play the cash tables between 10:00 AM – 4:00 AM!  The Daily Leaderboard prize pool  5/10 & 10/25 (Texas Hold’Em): Daily 8k Leaderboard 1/2 & 2/5 (Texas Hold’Em): Daily 4k Leaderboard 25/50 & 50/100 (Texas Hold’Em): Daily 12k Leaderboard 5/10 & 10/25 (PLO-5): Daily 6k Leaderboard 25/50 & 50/100 (PLO-5): Daily 15k Leaderboard 1/2 & 2/5 (PLO-4): Daily 2k Leaderboard 10/25 & 25/50 (PLO-4): Daily 8k Leaderboard It’s time to grind again on PokerBaazi, but this time, it’s going to have to be on the cash felts! Head over to the link below for more information about the Daily Cash Smash 2.0 and Leaderboards For more information about the latest poker promotions and poker news, keep reading PokerShots!  Post Views: 67
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Silver Trails’ Slot Review
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A title like Silver Trails offers a Wild West theme. Notwithstanding this well known theme, this present Novomatic’s slot has 5 reels, 3 rows and 243 different ways to win. In spite of these features, the game has various and interesting things on offer.The Wilds and Scatters are essential for the combination and they carry multipliers with them just as a Jackpot Feature which allows you to win one of 4 different bonanzas. A bet feature is likewise available.Betting and Prizes Much the same as in most slot games, you’ll need to match identical images to get prizes. You can get 3 images in a combo and win a prize. Be that as it may, you can likewise get 4 or 5 of them and improve prize. As said earlier, this game allows you to win one out of 4 bonanzas. They are the Mini, Minor, Major, and Grand bonanzas. Silver Trails has a lot to offer.Silver Trails’ Slot Features Since the royal card images are very famous you’ll see them in this title too. They are joined by the 10 image just as images that fit the theme. These are the revolver and bullet, the cowboy and others.Normally, there are some exceptional images in the combination. The Wild is the first and it seems stacked on reels 2 and 4. Other than this one, you additionally have the Silver Star image which is the Scatter one. At the point when it lands on reels 1, 3, or 5 you’ll get a multiplier that equals the sum on the stars that landed.Also, the Scatter is liable for another feature too. However, for that, you’ll need at least 6 Scatters to trigger this feature. When this occurs, the images that set off the feature remain and place, and you get 3 Bonus spins. The counter moves to 3 when you land another Scatter.On the off chance that you are able to cover the whole reels with the Silver Star image, you’ll get the Grand Jackpot. Then again, you can get any of the other 3. Strong multipliers are additionally important for this feature and they can get as high as 20x your stake.The last feature that allows you to increase your rewards is the Gamble feature. In any case, it’s a dangerous feature as you can lose them on the off chance that you don’t play it right.Theme and Design With Silver Trails slot fans are given another title that is motivated by the Wild West. The images and the background of the game look stunning and the game mechanics are impeccable. At long last, the game’s engineers didn’t mix out the opportunity to make this a mobile-friendly game too.ConclusionSilver Trails takes you to the Wild West and allows you to earn huge prizes. Because of the Jackpot feature you can leave with 1 out of 4 magnificent bonanzas. On the other hand, you can try our the bet feature and appreciate the multipliers that come with the Silver Stars. Wilds are in the combination too.
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Tyrant King Megaways Slot Review
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Tyrant King Megaways plays on 6 reels, gets as many as 117,649 Megaways during regular spins, however then it likewise gets up to 200,704 different ways on the off chance that you get to its free spins. Besides the free spins, there will be Cascading reels, expanding multipliers, wilds and respins. Payouts can be very acceptable, going to 10,000x the stake, while RTP is OK at 96%.Betting and Prizes $0.20 is a low bet, that most players can make use of it and it’s the lowest amount that Tyrant King Megaways permits. At the other end, the highest wagers used is up to $20.Winning big is consistently a chance in slots which depend on Megaways and it is a significant motivation behind why these games turned out to be so popular. It is not easy however, since the unpredictability is also on the high side. All things considered, a bonanza of up to 10,000x the stake is onThe RTP is set at 96%.Tyrant King Megaways Slot Features Concerning the Megaways system. It depends on a fixed number of reels, 6 for this case but on a random number of images for every one (2 to 7 during regular spins). This permits up to 117,649 different ways to win during your regular spins.After a combination forms, cascading reels will trigger, eliminating winning images and adding others in. This can prompt more wins and cascades.Get at least 4 wilds to show up in one spin and the Respins feature triggers. It will give you a Hold and Win style reward with 3 respins offered, during which you need to get extra wilds on the reels. Just wilds and empty positions can show up in this mode. You gather the setting off wilds and any new ones that may appear. In the event that a reel is covered by them, it transforms into a multiplier wild. The respins reset when you get new wilds.Toward the end of the feature, you get every one of those wilds used as a component of new mixes in the base game. Every combo of up to 6 wilds will settle up to 50x the stake.There will be free spins to go after also, up to 15 rounds offered when up to 6 scattered Dinosaur Eggs show up in view. The game area increases, with one extra line of images, so now you can have 200,704 different ways to win active. Another feature will include an expanding multiplier, going up by 1x after each new cascade.Theme and Design We are going back to the period when the dinosaurs roamed and controlled this planet. The T-Rex will be the star, as a wild while Dinosaur Eggs are represent scatters. Standard images include an unlikely picture of an Adventurer, a Cavewoman, three kinds of dinosaurs and the 10 to A Royals. It is a mix of prehistoric and modern at that point, which reminds me of Jurassic Park because you can’t get such a thing elsewhere.ConclusionTyrant King Megaways looks engaging, giving us some new features to try out, along with the ones we already knew and enjoyed. Top wins of 10,000x the stake are not extraordinary in a Megaways slot but rather they look great all things being equal.
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Addabbo Confident New York Mobile Sports Betting Can Launch This Year
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Posted on: February 15, 2021, 10:16h.  Last updated on: February 15, 2021, 10:32h. Steve Bittenbender Read MoreNew York state Sen. Joseph Addabbo, Jr. (D-Queens), the lawmaker spearheading the push for the Empire State to embrace mobile sports betting, doesn’t just believe the state legislature will pass a bill soon to expand sports betting in the state. New York state Sen. Joseph Addabbo Jr. takes part in a swearing-in ceremony for his seventh term last month. Addabbo is a leading lawmaker pushing to legalize mobile sports betting in the state. (Image: NYSenate.gov)He also believes the first bets could take place later this year.“I remain optimistic that should it be in the budget April 1st, with a little initiative, our state government can get it up and running by Sept. 9th, which is the first day of the NFL football season,” Addabbo told Casino.org in an interview.It’s been nearly three years since the US Supreme Court opened the door for sports betting nationwide. New York did take advantage and approve retail licenses for its four upstate casino resorts. In addition, Class III tribal casinos are also allowed to offer sportsbooks on their properties.However, analysts and observers point out that New York misses out on a significant revenue stream since it does not allow mobile applications.For example: According to the New York State Gaming Commission, the four retail sportsbooks in the state generated revenue totaling nearly $3.6 million in January. Over the same month, Indiana – a state with roughly a third of New York’s population – saw its mobile and retail operators earn $29.3 million in taxable revenue.The senator said New York usually leads the way when it comes to state policy.“We’re that car in the right lane with four wobbly wheels, and we’re limping along,” Addabbo said. “And these other fast cars like (New) Jersey and Pennsylvania are whizzing by us. That’s an odd spot for New York to be in.”Sports Betting Part of NY Budget TalksA recent study by Spectrum Gaming estimated that mobile sports betting could generate more than $1 billion in gross revenue for New York operators. If the state sets the tax rate at 10 percent, that would mean more than $100 million in annual revenue.Addabbo’s bill, Senate Bill S1183, as well as legislation sponsored by state Assemblyman Gary Pretlow (D-Mount Vernon), sets the rate an 8.5 percent. However, that rate, like other portions of the bill are open to negotiation, the senator said.The senator also noted that the original sports betting bill he filed a couple of years ago gave each casino one skin. Now, the bill offers them two, which means a potential of 14 skins, or mobile operators, for the state once the three downstate casinos are awarded.I think that’s all part of the budget negotiations,” Addabbo told Casino.org. “How many skins and the license fee and the tax rate that is all part and parcel of the budget negotiations. It’s all part of the discussions that we’re going to have, and that’s where we’ll have to come to some agreement.”Still, time is of the essence.April 1, the start of New York’s budget year, is just 45 days away as of Monday. While that’s six and a half weeks, as Gov. Andrew Cuomo told reporters Monday, “in government, 45 days is a blink of an eye.”Addabbo Concerned State-Run System Can’t Meet DemandThe good news is that Cuomo is on board with expanding sports betting in the state to include online applications. The bad news is, his vision for sports betting varies significantly from that of Addabbo and Pretlow. Those lawmakers chair the gaming committees in the respective chambers.Both lawmakers’ bills call for New York to operate sports betting like New Jersey, Pennsylvania, and Indiana. Each of the state’s casinos currently would get the chance to partner with two mobile operators.Cuomo, though, wants the state to be in more control. He wants a system more like the lottery allowing the state to derive more of the revenue. That approach resembles what Rhode Island, Montana, New Hampshire, Delaware, and Oregon have implemented.As Addabbo indicated, though, those states combined have a smaller population than New York.“I’m concerned about New York having a product that can handle the volume and the growing, expanding the market,” Addabbo told Casino.org.He also noted that Oregon leaders are already having second thoughts about their lottery-managed sports betting product.Just last month, Gov. Kate Brown requested that the state’s legislature take up a bill allowing the Oregon Racing Commission to regulate sports betting and grant licenses.“So, if it’s not good enough for Oregon, I don’t think it should be good enough for New York,” Addabbo said.
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