Day: 28 August 2025

Key Moments: Eight casino proposals are competing for three coveted downstate New York licenses State officials initially targeted a Dec. 1, 2025, decision date, with final awards by Dec. 31, 2025 Sen. Joseph Addabbo has indicated that these deadlines may not be met Ongoing Delays for Downstate Casino Licensing The long-awaited process for awarding three downstate New York casino licenses is facing possible additional setbacks, as indicated by a prominent state senator. While the original plan called for the licenses to be granted before the end of the current year,…

Key Moments: Research from Yield Sec shows illegal operators captured over 70% of Europe’s gambling and casino market in 2024 Black market betting across 27 EU countries reached £69.7bn [$81.1bn] in 2024 An estimated 1.5 million UK bettors have staked over £4bn [$4.7bn] annually on unauthorized sites Pressure Mounts on UK Treasury Over Gambling Tax Proposals Rachel Reeves has been cautioned against moving forward with suggested tax increases targeting bookmakers. Concerns have been raised following new findings demonstrating the extent of illicit online gambling activities across Europe. Yield Sec: illegal…