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Addabbo renews New York iCasino push at FanDuel office opening

Regulation

New York State Senator Joseph Addabbo renewed his call to legalise online casino gaming at FanDuel’s Manhattan office opening, according to the report. Addabbo argued that iGaming could provide state revenue; the report cites estimates of at least $1.5 billion annually and a projected $6 billion budget shortfall for fiscal 2026-27. FanDuel CEO Amy Howe also addressed attendees at the event.

Legalising online casino gaming could create state revenue, while the report highlights a projected budget shortfall.

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New York sportsbooks report $63.3m in revenue on $615.1m handle

New York’s eight online sportsbooks generated $63.3 million in gross revenue from $615.1 million in wagers in the week ending 18 October, the New York State Gaming Commission reported. The 10.3% hold was the highest since the week ending 16 August, while revenue rose 21.4% week on week.

New York's eight online sportsbooks kept $63.3m in gross revenue from a $615.1m handle in the week ending 18 October, the New York State Gaming Commission reported. The 10.3% win rate was the highest since the week ending 16 August. Gross revenue rose 21.4% week on week, the first time online sportsbooks cleared $60m since the World Cup ended in mid-July.

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