New York Online Sportsbook Revenue Jumps to $46.5 Million
FanDuel and DraftKings led the week as handle stayed below $400 million for a third straight week.
FanDuel and DraftKings led the week as handle stayed below $400 million for a third straight week.
The Aug. 17 session will cover gambling-harm warning signs, treatment and support as New York’s mobile wagering market faces fresh scrutiny.
The state ethics commission said first-half 2025 lobbying outlays hit $213 million, while its full-year report put 2025 spending at a fourth straight record.
The emergency ruling keeps the state action in place for now, as a Utah decision deepened the legal split over prediction markets.
The company says federal law gives the CFTC exclusive authority, while state officials warn the products amount to unlicensed gambling.
The state says the prediction market is illegal gambling. The federal regulator says it alone can police event contracts on licensed exchanges.
The state says the company ran an unlicensed gambling operation and is seeking fines, restitution and the forfeiture of alleged gains.
The filing is the latest move in a dispute over whether the prediction-market firm can offer sports-event contracts in the state.
A7962 would also restrict deposits, blackout certain ads and impose new responsible-gaming rules in the nation’s biggest wagering market.
A Siena poll found strong age and bettor-vs-non-bettor divides over ads, live commentary and the wider impact of gambling.