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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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Pearl Legend Hold and Win Slot Review
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Pearl Legend: Hold and Win is a new release which is coming from iSoftBet, a slot machine with a Chinese concentration and utilizing a lot of the designs that are normal for their games. Some of the features included will be familiar to you, as the Hold and Win a part of the title suggests there are a few things which are unique also.You are playing on 5×3 reels with 20 paylines being used each round. Pearl Legend: Hold and Win can deliver top wins of 1,250x the stake but its standard mixes offer maximum of 500x. It has a 96% RTP, while for its huge features there will be Wilds, Pearl scatters, the Pearl Legend Respins, Reel Boosters and regular game modifiers.Betting and Prizes 20 coins are being used and you simply pick their value, in a range of $0.01 to $1. The wagering range coming from this will go from $0.20 to $20.Wins of up to 1,250x the stake can be paid during Respins, which implies that you could leave with $25,000 cash, by utilizing the most extreme wager of $20. Standard wins of up to 500x the stake per spin are delivered during gameplay, utilizing mixes made out of Gold Dragons.A 96% RTP reveals to us that the amount getting back into the pockets of its players is about the same in other slot games.Pearl Legend: Hold and Win Slot Features Anytime you see the Yin Yang image on the reels, it will be joined by the Wild logo, so it will be the substitute which you can use to place along with standard images and get new wins. You can’t have it do likewise for the scatter but that is a standard limitation.There are a few game modifiers which you may use during paid spins. Red Gems will give you 3 to 5 wilds on the reels. Blue Gems will change images into Pearl scatters. There is likewise a Dragon sculpture, which will change Royals to high value images.The Pearls are your scatters and landing at least 5 out of a single spin will take you to the Pearl Legend Respins reward. Both the setting off Pearls and any new ones that go along, will get sticky on the reels. You start with 3 respins but you reset the number on the off chance that you get extra Pearls before the rounds are totally consumed.Pearls may appear during Respins and they can bring certain Boosters, given that you get three that match.Blue Gems: will open up to three extra rows (Reels Boosted).Green Gems: give the Pearl prizes a boost (Values Boosted).Red Gems: gives you 1 extra respin (Spins+ Boosted).Purple Gems: the multiplier goes up as high as 10x (Multiplier Boosted).Theme and Design As far as Chinese themes go, the one from Pearl Legend looks standard. The six images we see are basic in such games, as we’re taking a look at Yin Yang signs for the wilds, a Pearl as scatter alongside premium images with the Dragon, Phoenix Bird, 3 Gold Coins, Frog. The other four base paying images are the ones showing Royals. With everything taken into account, it’s a standard look for such slots. The activity seems, by all accounts, to be put placed in a temple, where we see on the left side a living Dragon holding a pearl in its claws.ConclusionPearl Legend: Hold and Win is definitely not a terrible slot machine, especially as they changed a few things about its major feature, they didn’t just clone the same reward game that every other person is using lately.
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Is Hellmuth vs Negreanu happening?
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We recap some stories you may have missed including a huge PKO event and how much of himself is Landon Tice playing for? KidPoker vs the Poker Brat? We hinted at it last week and now it seems confirmed that Daniel Negreanu and Phil Hellmuth will play heads-up.  Given both men are traditionally live players it seems inevitable that it will be face to face and streamed on PokerGO.  The early betting markets have suggested Hellmuth is the favourite, which seems ludicrous given how much Negreanu improved in his heads-up challenge against Doug Polk.  Happy to play anyone on @PokerGo App’s “High Stakes Duel.” Looks like they are bringing me the GREAT Daniel Negreanu @RealKidPoker, the guy that studied heads up for months w coaches I respect, so be it. It will be a great challenge for me! Hoping I don’t look like THIS photo!! pic.twitter.com/EpE1BqRMWP — phil_hellmuth (@phil_hellmuth) February 13, 2021 Tice has skin in the game The other big heads-up match in the works is Landon Tice vs Bill Perkins, and it has been the subject of a lot of debate this last week. Namely, how much does the poker wunderkind Landon Tice have invested in himself? Rumours circulated that he is playing for just 10% of himself in this challenge where he is already paying Bill Perkins $720,000 to play.  Tice confirmed that he has sold a lot of action for this event but while his percentage is low, it still means he has a lot of his net worth on the line: Let me make something clear that I'm sure everyone cares about regarding my challenge with @bp22 I'm selling a lot of action for it. A lot.I'm not rolled to battle at nosebleeds. However, I am putting a very large amount of my relative net worth on myself winning it. — Landon (@LandonTice) February 11, 2021 MicroMillions the biggest PKO ever? The MicroMillions Main Event was a PKO for the first time in its history and it (probably) automatically became the biggest field ever for a progressive knockout tournament.  49,487 entries for the $22 Main Event, which was not quite enough to hit the $1 million guarantee.  It did lead to one player bagging almost $60,000 for their troubles including $18,651.13 in bounties alone: The final table Table stakes only OK, so this week's meme classic from Reddit beats all those 'toilet roll poker home game' jokes from last year: When Polaks Play Poker from r/poker Will we see Hellmuth vs Negreanu heads-up? Let us know in the comments: Barry Carter Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy and PKO Poker Strategy
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Colorado Licence for Intelitics
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Intelitics, the leading performance marketing and analytics platform provider, has been granted a licence by the Colorado Division of Gaming allowing it to work with licensed sportsbook operators in the state for the first time.Intelitics already holds licences in New Jersey and Pennsylvania, with Colorado the third with more to follow in the coming months.Intelitics provides online sportsbook and casino operators with a single platform that allows them to track, analyze and grow all acquisition partnerships and campaigns across web and mobile through access to real-time data which in turn allows them to unlock hidden revenue and boost ROI.Intelitics’ real-time data hub keeps media buyers, analysts and executives on the same page about spend and results. Operators can use one set of metrics to “slice and dice” media performance to discover what activity is delivering the best results.Powerful, streamlined reports provide full visibility into cross-channel interaction and the customer journey. A holistic view of costs v player value means operators can easily determine the most valuable media sources which improves revenue allocation modelling and inform media investment.CasinoAffiliatePrograms, the premier standalone iGaming specific Ad Network, which is powered and run by the Intelitics team, has delivered more than $70m in net game revenue through 150,000+ new depositing customers.Armed with its Colorado licence, Intelitics is now looking to work with licensed online sportsbook operators in the state in order to help them unlock the greatest value from their marketing activity.Allan Stone, CEO at Intelitics, said: “We are delighted to have secured a licence from the Colorado Division of Gaming allowing us to work with licensed sportsbook operators in the state for the very first time.”“As legal online sports betting continues to roll out across the US, there is a tremendous first mover advantage to be had but operators must ensure they are acquiring players at the right cost and through channels that deliver true value.”“Our cutting-edge platform provides the real-time data, insight and reporting that operators need to do just that across all of the channels they use to market to players. We look forward to working with sportsbooks licensed in the state of Colorado.”
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Richard Downey explains the power of the US sports betting market
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No one in the industry can underestimate the old fashioned values of building trust amongst customers. Richard Downey, Senior VP for Connections by the Specialist Works, understands that more than most. He sat down with Calvinayre.com’s Becky Liggero Fontana to share his insights on the U.S. sports betting market.Downey emphasized leveraging relationships from prior careers. “I was publisher of a magazine called Poker Player and I moved from there into the agency. I’ve been able to maintain an involvement in the gaming industry by having clients in the space,” Downey said.Downey is a firm believer that operators still require a that branding plays an integral part in building trust with customers in the highly competitive U.S. sports betting market. “In the gaming sector there is an element of credibility and trustworthiness that exists everywhere, but especially in the U.S. market. Getting access to online gaming in the U.S. market for the past period of time has not been completely legitimated. Gaming is being rebranded as mainstream entertainment and it’s really important that the brands that come through with it do a good job for the customers.”Downey pointed out that new operators have to consider the Vegas perceptions of gaming when it comes to brand marketing and alignment.“For a long time gaming has been synonymous with Las Vegas and therefore it’s completely logical that a lot of the Vegas gaming companies are using their brands to do that job of legitimization and credibility. If a gaming operator is trying to break into the mainstream market in the U.S. then I think having a credible brand behind you, either through brand recognition or through marketing is a good way of making people believe that you know that their gaming environment is a safe one,” he said.In the full interview, Downey gives advice for new operators for developing brand strategy in the U.S. sports betting market. And if you haven’t yet, watch all of our videos as they go up by subscribing to the CalvinAyre.com YouTube channel.
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แคนซัสกล่าวถึงวิธีการเสนอการพนันกีฬา
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แคนซัสได้ดำเนินการชั่วคราวเพื่อทำให้การพนันกีฬาถูกต้องตามกฎหมายและหากการประชุมคณะกรรมการกิจการวุฒิสภาและกิจการของรัฐในวันที่ 10 และ 11 กุมภาพันธ์เป็นคำใบ้พวกเขาจะไปถึงที่นั่นในไม่ช้า ฝ่ายนิติบัญญัติเริ่มถกเถียงกับผู้สนับสนุนเกี่ยวกับความพยายามของพวกเขาโดยพูดคุยกับเจฟฟ์มอร์ริสผู้อำนวยการฝ่ายรัฐบาลของ Penn National Gaming เกี่ยวกับร่างกฎหมาย 84 ของวุฒิสภาที่จะทำให้การพนันบนมือถือถูกต้องตามกฎหมาย มอร์ริสยกย่องสิ่งที่เขาเห็นในบิล มีอัตราภาษีต่ำ (7.5% ของรายได้จากการเล่นเกมรวมสำหรับการค้าปลีก 10% สำหรับดิจิทัล) และไม่มีข้อกำหนดข้อมูลลีกอย่างเป็นทางการซึ่งต้องการปล่อยให้สถานะเดิมยังคงอยู่ "ข้อตกลงเหล่านี้สามารถบรรลุได้โดยส่วนตัวและไม่ควรบังคับใช้ตามกฎหมายกับสิ่งที่บุคคลที่สามประกาศว่าเป็นเงื่อนไขที่ 'สมเหตุสมผลในเชิงพาณิชย์' เขากล่าวกับคณะกรรมาธิการ "สิ่งที่ 'สมเหตุสมผลในเชิงพาณิชย์' สำหรับลีกซึ่ง - - ซึ่งไม่มีการแข่งขัน - อาจไม่เข้ากันกับความรู้สึกของผู้ประกอบการหนังสือกีฬาที่มีอัตราการแข่งขันสูงในสภาพแวดล้อมที่มีการแข่งขันสูง" มอร์ริสเป็นตัวแทนการพนันกีฬาเพียงรายเดียวที่ปรากฏตัวในการพิจารณาคดี แต่คนอื่น ๆ ให้การเป็นพยาน Ryan Soultz จาก Boyd Gaming ฉลองบัญชีเดิมพันบนมือถือของเขา "ไม่เพียง แต่จำเป็นต้องใช้อุปกรณ์เคลื่อนที่ในการแข่งขันกับไซต์ที่ไม่มีการควบคุมเท่านั้น แต่ยังเป็นตัวเลือกที่ผู้เล่นต้องการอีกด้วย" เขากล่าว Derek Hein ผู้สนับสนุน DraftKings และ Fanuel ยังได้เพิ่มประจักษ์พยานที่ระบุว่าแคนซัสมีความสำคัญเพียงใดในการก้าวตามเพื่อนบ้านโดยที่มิสซูรีและเนบราสก้ากำลังพิจารณาเรื่องการถูกต้องตามกฎหมาย วุฒิสภาแคนซัสเริ่มลงคะแนนเสียงเกี่ยวกับตั๋วเงินที่อนุญาตให้มีการพนันกีฬาในปี 2020 เป็นครั้งแรก แต่ความพยายามไม่ได้ดำเนินต่อไปเพื่อให้เป็นกรอบขั้นสุดท้าย การอภิปรายยังไม่จบ ในขณะที่ SB84 เวอร์ชันวุฒิสภาไม่บังคับใช้ข้อมูลอย่างเป็นทางการของลีก แต่อย่างใด แต่เวอร์ชัน State House ก็ทำ นอกจากนี้ยังมีฝ่ายตรงข้ามกับการเรียกเก็บเงินซึ่งมีขึ้นเมื่อวันที่ 11 กุมภาพันธ์ พวกเขายังต้องการในการดำเนินการ ภายใต้ร่าง SB84 ปัจจุบันคาสิโนแคนซัสจะเป็นพันธมิตรกับผู้ให้บริการเช่น PNG, DraftKings และ Boyd แต่ผู้เล่นในพื้นที่อื่น ๆ จะถูกละทิ้ง สิ่งนี้ทำให้ผู้ค้าปลีกลอตเตอรีไม่พอใจ Becky Schwartz รองผู้อำนวยการบริหารกลุ่มผู้สนับสนุนร้านขายของชำ Fuel True - พลังงานอิสระและสะดวกซื้อกล่าวว่าทีมของเธอจะคัดค้านการเรียกเก็บเงินหากร้านค้าปลีกในแคนซัส 1,100 รายถูกห้ามไม่ให้เดิมพัน ตัวแทนของกลุ่มกดดัน Horse Track ยังตั้งข้อสังเกตว่าหากพวกเขายังคงดำเนินการอยู่จะสามารถช่วยอุตสาหกรรมของพวกเขาได้
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40 Supreme Fruits Slot Review
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With a name like 40 Supreme Fruits, you definitely understand what sort of theme to anticipate. This slot has medium unpredictability and 5 reels, and 4 columns of images. These are joined with 40 different ways to win and some amazing features. All in all, you will see Wilds and Scatters everywhere on the reels and you can come across a Jackpot Diamond and a Double or Nothing feature.Betting and Prizes Since it is a representation of a classic slot, you realize that you’ll have to get mix of identical images to dominate in this game. You’ll require at least 3 for all the essential prizes. Be that as it may, on the off chance that you get 4 or 5 your prize will be bigger. With the exceptional images in the combination, you can take the game up an notch as they trigger the features.40 Supreme Fruits’ Slot Features The super popular theme has familiar images. As such, you’ll see oranges, grapes, plums, lemons, cherries and some other fruits on the reels. In any case, these aren’t the only ones you will see. Wilds and Scatters show up on the reels too.Customarily, Wilds will assist you with trip when making winning mixes by replacing the regular images. Likewise, the Scatter can help you out by making winning mix when you to get at least 3 images in a mix. At that point, there’s the Jackpot Diamond feature which can give one of the jackpots.At last, there’s the Double or Nothing game which can either assist you in increasing your rewards or help you with losing them.Theme and Design A well known theme and a nice design alongside some great features are on offer with 40 Supreme Fruits.Conclusion40 Supreme Fruits takes slot from Novomatic on the fruity theme and offers you huge loads of entertainment with Wilds, a Jackpot Diamond feature, a Double or Nothing Game and Scatters.
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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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Monday Majors: Singh Wins Adda52’s Iron Man To Capture His 4th MTT Title Of 2021; Roy Wins Voyager!
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After a smashing Sunday, the action slowed down a little on Adda52.com. Headlining the Monday action on the site was the 8 Lac GTD Iron Man sporting a buy-in of INR 2000. Running as part of the site’s 18 Crore GTD ‘Fast & Furious February’, the marquee tourney pulled in 356 entries by the time late registration closed. After almost six and a half hours of intense play, it was the former GPS Melbourne winner, Deepak “peacelover” Singh, who outlasted the competition to win INR 2 Lac and his fourth MTT title of the year. The anonymous “foldkardunga” finished runner-up for 1.21 Lac. Total Entries – 356Prizepool – 8 LacPlaces Paid – 38Min Cash – 4800 Abhijeet “2abhisingh” Kumar (3rd for INR 88,000), Parth “punit7690” Aggarwal (4th for INR 64,000), Uttam Kumar “chinunew” Sinha (7th for INR 24,000), and “iamaluksack” (8th for INR 20,000) were the other notable online regs who ended their run at the final table of the flagship tourney on Adda52. 2.75 Lac GTD Voyager The other major tourney running as part of ‘Fast & Furious February’ was the 2.75 Lac GTD Voyager that logged in 273 entries to meet its specified guarantee. This month’s Maverick winner, Vaibhav “vroy219” Roy shipped it to win INR 71,500 and his second MTT title of the year on Adda52. He eventually outlasted “smr1g10” in the heads-up who banked INR 42,625 for his runner-up finish. Total Entries – 273Prizepool – 2.75 LacPlaces Paid – 27Min Cash – 2475 Harsh “harsh1327” Bubna (4th for INR 23,375), Siddharth “gabandheer” Pandey (7th place for INR 8,938),Yash “yosher” Jain (8th for INR 6,875) were the other notables who final-tabled the tourney.
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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, 10:16h. 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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