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DraftKings considers surcharge on winning bets to offset New York tax

DraftKings considers surcharge on winning bets to offset New York tax
DraftKings is proposing a new surcharge on winning bets to counter New York's steep 51% tax on sports betting revenue. CEO Jason Robins revealed this plan during the company's second-quarter earnings call, suggesting the surcharge ... more
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BILLS GAME DAY: Buffalo faces Miami, looking for fourth-straight AFC East title (preview)

BILLS GAME DAY: Buffalo faces Miami, looking for fourth-straight AFC East title (preview)
The final week of the regular season is here, and the Buffalo Bills (10-6) are heading to Miami to face the Dolphins (11-5) on Sunday at 8:20 p.m. in a game that will decide who ... more
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BILLS GAME DAY: Buffalo looks to keep playoff hopes alive in tough home matchup vs. Cowboys

BILLS GAME DAY: Buffalo looks to keep playoff hopes alive in tough home matchup vs. Cowboys
Fresh off a huge road win over the Kansas City Chiefs, the Buffalo Bills (7-6) look to keep their playoff hopes alive Sunday when they host the red-hot Dallas Cowboys (10-3) at 4:25 p.m. Buffalo ... more
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ORANGE GAME DAY: Syracuse aims to snap three-game skid at Virginia Tech (preview)

ORANGE GAME DAY: Syracuse aims to snap three-game skid at Virginia Tech (preview)
Syracuse football (4-3) will try to get back in the win column when they take on Virginia Tech (3-4) at Lane Stadium on Thursday at 7:30 p.m. The Orange, who have dropped three consecutive games ... more
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What can we learn from this year’s launch of sportsbooks in Kentucky from NY?

What can we learn from this year’s launch of sportsbooks in Kentucky from NY?
Kentucky has recently embraced the wave of sports betting, with online betting apps being live since September 28th. This move comes as the state seeks to tap into the lucrative market that has been a ... more
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A Guide on Best Tennis Bookmakers You Should Try

If you’re a fan of tennis, then you probably should know that you can bet on your favorite players. But how can you ensure the betting websites perfectly fit your needs? Read on to find ... more
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A Guide to Finger Lakes Casinos

A Guide to Finger Lakes Casinos
Gambling is no doubt a polarizing activity that is frowned upon by some demographics. However, that doesn’t change the fact that it is an enjoyable pastime for most and that its popularity is continuously rising ... more
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Fantasy Football vs. Reality: A Deep Dive into the Psychology of NFL Fans

Fantasy Football vs. Reality: A Deep Dive into the Psychology of NFL Fans
Photo credit The rise of fantasy football has significantly impacted how NFL fans engage with their favorite teams, elevating the sports-watching experience to a new level. With countless fantasy leagues and platforms available, individuals develop ... more
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Wagering on lower tax rate? It’s a long-shot, because lawmakers want to keep NY’s 51% rate on mobile sports betting

Wagering on lower tax rate? It’s a long-shot, because lawmakers want to keep NY’s 51% rate on mobile sports betting
Don't expect lawmakers to make any changes to New York's 51% tax rate on mobile sports betting. While there was some hope that an adjustment would be made after operators like FanDuel and DraftKings argued ... more
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What Are Totosites?

What Are Totosites?
Totosites are online venues that allow gamblers to place bets on their favorite sports or games. They also offer players the chance to play virtual poker or other casino-style games. These venues are often safer ... more
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DraftKings, FanDuel say tax rate needs to be lowered from 51% to make New York sustainable

DraftKings, FanDuel say tax rate needs to be lowered from 51% to make New York sustainable
Mobile sports betting has been a success in New York, but the state's high tax rate could have an impact moving forward, officials with DraftKings and FanDuel say. The two organizations said at a hearing ... more
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DISCUSS: DraftKings, FanDuel say New York State tax rate needs to be lowered

DISCUSS: DraftKings, FanDuel say New York State tax rate needs to be lowered
Mobile sports betting has been a success in New York, but the state’s high tax rate could have an impact moving forward, officials with DraftKings and FanDuel say ... more
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Sports-betting experts weigh in on mobile activity this NFL season: “It’s huge in New York” (video)

Sports-betting experts weigh in on mobile activity this NFL season: “It’s huge in New York” (video)
John Sullivan is a self-proclaimed sports fanatic. "Both my sister and my father went to Notre Dame," Sullivan said. "That was like a religious experience in my house watching a Notre Dame football game. It’s ... more
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Syracuse rolls past Louisville in season opener (full coverage)

Syracuse rolls past Louisville in season opener (full coverage)
The Syracuse Orange football team rolled past the Louisville Cardinals, 31-7, in the season opener on Saturday night at the JMA Wireless Dome. Junior quarterback Garrett Shrader shined as threw for 237 yards and two ... more
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Could New York surpass mobile sports betting record on Super Bowl Sunday?

Could New York surpass mobile sports betting record on Super Bowl Sunday?
New York could beat Nevada's record of highest mobile sports wagering made in a single day on upcoming Super Bowl Sunday. The record was set back in 2018 when bettors wagered $158.6 million in Nevada ... more
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Mobile sports betting wild success in New York: Will gambling play continue?

Mobile sports betting wild success in New York: Will gambling play continue?
Mobile sports betting in New York has been an overwhelming success. On Tuesday, Governor Kathy Hochul mentioned it during her State of the State Address. Johnny Avello, head of DraftKings sports book operations agrees. Speaking ... more
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New Yorkers checked mobile sports betting apps 17 million times in first 36 hours of new state law

New Yorkers checked mobile sports betting apps 17 million times in first 36 hours of new state law
New Yorkers did this 17 million times over the weekend. It's not a Jeopardy question. The answer is, check their mobile sports betting apps the first weekend they were legal to use. Spectrum News reports ... more
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New York State sets launch date for online sports bets

New York State sets launch date for online sports bets
In a matter of days sports betting will be live in New York. A news release from the State Gaming Commission said it will launch Saturday at 9 a.m. The approved vendors are Caesars Sportsbook, ... more
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SPORTSBOOK CONFIDENTIAL: Sportsbook CEO Comments & Hedging Championship Futures (podcast)

SPORTSBOOK CONFIDENTIAL: Sportsbook CEO Comments & Hedging Championship Futures (podcast)
Watch live at 11:30 am! In today's episode John Sullivan and Paul Russo discuss recent comments by Draftkings CEO Jason Robins and debate how John should approach his MLS and NCAA future windfalls. We also ... more
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