On November 8, the New York State Gaming Commission approved sports betting licenses for nine applicants, including BetMGM, whose parent company is MGM Resorts International, owner of MGM-Empire Casino, located in Yonkers.
In addition to BetMGM, winning offers went to DraftKings, Caesars, Rush Street Interactive (BetRivers), FanDuel, WynnBET, PointsBet, Bally Bet and Resorts World.
According to the NYS Gaming Commission, âWinning bidders must find a facility to host the servers, with the Commission retaining final approval of the location as well as reasonable and actual costs. Everyone has to build a server room, the equipment has to be tested and approved by an independent testing lab. After that, the apps can be opened to the public, with the hope that New Yorkers can bet online by the Super Bowl on February 13, 2022.
But the recent approvals only mean that those of us interested in betting on football, or some other sport, will be able to do so on our phones, or at any of the 11 upstate New York casinos that l State granted a sport reserve license to. The other option is to pass the GW bridge and go to NJ to place your bet.
The current New York casinos that you can enter and place a sports bet are:
Bridgeport: Point Place Casino (CÃ©sars), Buffalo: Seneca Buffalo Creek Casino, Chittenango: Yellow Brick Road Casino (CÃ©sars), Hogansburg: Akwesasne Mohawk Casino Resort (FOX Bet), Monticello: Resorts World Catskills (Bet365), Niagara Falls: Seneca Niagara Casino, Nichols: Tioga Downs (Betfair US / FanDuel), Salamanca: Seneca Allegany Resort & Casino, Schenectady: Rivers Casino (Rush Street and Kambi), Verona: Turning Stone Resort & Casino (Caesars), Waterloo: Del Lago Resort & Casino (DraftKings).
The sooner sports betting apps are up and running, the sooner revenue will start pouring into New York State, not New Jersey. It is estimated that nearly 25% of New Jersey sports betting income comes from New Yorkers. Income from NY sports betting apps will be taxed at 51%.
Adam Greenblatt, CEO of BetMGM, said: âNew York has the potential to be one of the largest sports betting markets in the United States and BetMGM is uniquely positioned to become a leader in the state given the strength of the Mlife customer database, close proximity to Empire City Casino to support our omnichannel strategy and take advantage of our already dominant positions in neighboring states.
Governor Kathy Hochul said sports betting represents a significant potential source of revenue for our state. The legislature passed a law requiring the Gaming Commission to undertake a competitive bidding process to get mobile sports betting operational. The Commission has embarked on this process and we look forward to creating opportunities for more people and for New York State. “
Many of our readers may be wondering why MGM Empire Casino in Yonkers did not get the same type of full casino and sports betting license that has been opened in other locations in upstate New York. since a while.
In order for Westchester to have its own casino, with table games and sports betting, the New York legislature must pass a bill directing the Gaming Commission to publish requests for proposals, tenders that will allow casinos like MGM-Empire City to apply.
The Senate and State Assembly must also set specific parameters for the requirements and a timeline for when this will occur. At the end of the 2021 legislative session, heads of state were close to moving forward with these demands, but that did not happen.
Existing legislation has already divided New York State into two zones; Zone 1 down and zone 2 up. And then each area is divided into different regions, with Westchester, Putnam, and Rockland counties all in one region. The hope, and the expectation, is that the Westchester area will be granted a license and that MGM will be able to show its ability to offer locals the opportunity to enjoy a casino, while also providing the state as much income as possible.
But as usual, it takes forever in New York to do anything. The feuds between different interests, including developers who want a Manhattan casino and elected officials who don’t want a Manhattan casino, have not helped move things forward.
Governor Hochul is focused on economic recovery in New York State and helping New Yorkers with jobs that can support a family.
Westchester State Senator and Senate Majority Leader Andrea Stewart-Cousins ââis working towards the goal of having a full gaming casino in Westchester and her hometown of Yonkers. Stewart-Cousins ââalso recently advanced mobile sports betting licenses.
But approving mobile sports licenses and having New Yorkers bet on sports through their phones, while creating revenue for the state, will not create jobs. What will create jobs at Yonkers and Westchester is a full gaming license for MGM-Empire Casino.
And that’s why a press conference was held at MGM-Empire Casino Yonkers on November 17th to demand just that, a full gambling license with a bookie in Westchester. Assembly member Gary Pretlow, chairman of the Racing and Betting Committee, called on the governor to support his legislation to speed up the licensing process for lower-state casinos. âWe in this part of the state want it to happen, and we want it to happen now. It helps the Bronx, Westchester, Rockland County, and New York State. That’s what it’s all about: helping New York State.
âFrom a business standpoint, from a local government standpoint, it’s a no-brainer,â said Westchester County Manager George Latimer, adding: âYou already have the infrastructure here for the most casino. successful as you can imagine. “
Yonkers Mayor Mike Spano said, âEnough is enough. We don’t need to wait. We know it will bring hundreds of millions of dollars in revenue and thousands of jobs to this region.
“I can’t think of a project that deserves our collective attention more than having a full set right now, this year for Yonkers and for the upstate,” State Senator Shelley Mayer said. âWe in the Senate Majority, under the leadership of Andrea Stewart-Cousins, are totally committed to making it happen this year, without a doubt, no apology, no delay. “
âThis is a time of rebirth not only for my hometown of Yonkers, but for all of Westchester and the Bronx, and truly the region,â said Assembly Member Nader Sayegh. âLet’s keep the income here in New York State. “
It is estimated that up to 2,500 new direct jobs have been created at MGM and over 10,000 indirect jobs around Yonkers Casino, based on the $ 1 billion in economic activity, once the full game arrives. at MGM-Empire City.
So my annual Super Bowl bet will have to be done on my phone, and maybe next year I can walk into the MGM-Empire Casino, grab an adult drink, watch all the games, and place my bet.