caesars | Horse Racing Free Tips https://horseracingfreetips.com Horse Race Ratings and Tips - Sports News Thu, 06 Jan 2022 21:52:41 +0000 en-US hourly 1 https://horseracingfreetips.com/wp-content/uploads/2017/08/cropped-horse-racing-free-tips-1-32x32.jpg caesars | Horse Racing Free Tips https://horseracingfreetips.com 32 32 New York Approves Four Mobile Sports Wagering Operators To Begin Taking Bets On Saturday https://horseracingfreetips.com/new-york-approves-four-mobile-sports-wagering-operators-to-begin-taking-bets-on-saturday/ Thu, 06 Jan 2022 21:52:41 +0000 https://www.paulickreport.com/?p=319927 The NYS Gaming Commission announced Thursday that four licensed Mobile Sports Wagering Operators – Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive – have satisfied all statutory and regulatory requirements necessary to accept and process mobile sports wagering activity and have been approved to commence operations with launch effective no earlier than Saturday, Jan. 8, […]

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The post New York Approves Four Mobile Sports Wagering Operators To Begin Taking Bets On Saturday first appeared on Horse Racing Free Tips.]]> The NYS Gaming Commission announced Thursday that four licensed Mobile Sports Wagering Operators – Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive – have satisfied all statutory and regulatory requirements necessary to accept and process mobile sports wagering activity and have been approved to commence operations with launch effective no earlier than Saturday, Jan. 8, 2022 at 9 a.m. Eastern Standard Time.

According to the New York Daily News, New York will be the biggest state to launch online sports betting since 2018, when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992. The state has had in-person sports betting since 2019, but its four in-person sportsbooks, all located at least an hour from New York City, have generated just $3.7 million in tax revenue.

The NYSGC's approval also includes up to $6 million in funds for gambling addiction programs each year.

The remaining five conditionally licensed Mobile Sports Wagering Operators continue to work towards satisfying statutory and regulatory requirements necessary to launch and will be approved on a rolling basis when requirements are met.

Read more at the New York Daily News.

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The post New York Approves Four Mobile Sports Wagering Operators To Begin Taking Bets On Saturday first appeared on Horse Racing Free Tips.]]> State Gaming Board Approves Sale Of Louisiana Downs https://horseracingfreetips.com/state-gaming-board-approves-sale-of-louisiana-downs/ Tue, 26 Oct 2021 14:47:08 +0000 https://www.paulickreport.com/?p=313770 The Louisiana Gaming Control Board has approved the sale of Louisiana Downs in Bossier City from Caesars Entertainment Inc. to Rubico Acquisition Corp., reports dailyunion.com. The Louisiana Racing Commission still needs to approve the $22 million sale; it meets Tuesday. Rubico plans to add games and concessions to the casino at Louisiana Downs, and under the […]

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The post State Gaming Board Approves Sale Of Louisiana Downs first appeared on Horse Racing Free Tips.]]> The Louisiana Gaming Control Board has approved the sale of Louisiana Downs in Bossier City from Caesars Entertainment Inc. to Rubico Acquisition Corp., reports dailyunion.com.

The Louisiana Racing Commission still needs to approve the $22 million sale; it meets Tuesday.

Rubico plans to add games and concessions to the casino at Louisiana Downs, and under the terms of the sale, will be required to keep the racetrack open.

“I really believe if this sale didn't go through Caesars would ultimately close the facility; the company just isn't interested in operating a horse racetrack,” said Gaming Board Chairman Ronnie Johns.

Read more at dailyunion.com.

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