New York’s casino and gambling industry has been making headlines with major developments, from legislative efforts to big-money casino proposals and law enforcement crackdowns. Some projects, like the Hudson Yards and Coney Island casinos, have hit roadblocks, while others, like Jay-Z’s Times Square bid, are pulling out all the stops to win over the city. At the same time, illegal gambling operations are being shut down as authorities crack down on underground betting rings. With so much happening, here’s a look at the latest gambling news in New York.

Discussions Ongoing Over Online Gambling in New York

In July 2024, discussions emerged in New York over the rapid expansion of sports betting and its potential financial implications. As mobile and online sports betting continued to grow, studies revealed various trends. Experts suggested that the accessibility of mobile betting apps has now made it easier than ever for people to gamble.

The debate also highlighted the economic benefits of legalized sports betting. Sports betting has generated significant tax revenue for the state. This tax revenue helps to fund public programs and infrastructure projects. However, online casinos still aren’t regulated in the state, however, sports betting continues to thrive in New York.

Platforms like Discasino.com combine the thrill of gaming with the vibrant energy of a connected community. Optimized for use on smartphones, players can choose from a range of games that include everything from slots and instant wins to live casino games. Until the State of NY makes iGaming legal, such international websites will keep attracting New Yorkers, together with other global players.

Jay-Z’s Times Square Casino Bid Including $250 Million in Grants

On September 23, 2024, Jay-Z’s entertainment company, Roc Nation, announced a commitment of over $250 million in grants to support the Hell’s Kitchen neighborhood as part of their bid to establish a Caesars Palace casino in Times Square. Each license requires a minimum $500 million fee, with proceeds designated to support the Metropolitan Transportation Authority.

Unions Rally in Support of Hudson Yards Casino in New York

On October 25, 2024, hundreds of union members rallied in support of the proposed $12 billion casino and mixed-use development at Hudson Yards in Manhattan. Organized by the Building and Construction Trades Council of Greater New York, the rally aimed to counter opposition from groups like Protect the High Line.

Opposition to Times Square Casino Proposal

On December 4, 2024, the United Federation of Teachers (UFT), representing New York City’s public school educators, officially opposed the proposed casino at 1515 Broadway in Times Square. UFT President Michael Mulgrew expressed concerns that introducing a casino in the heart of the Theater District could undermine Broadway’s unique educational and career opportunities for students.

Online Casino Legislation Efforts in New York

In November 2024, New York State Senator Joseph Addabbo reintroduced legislation aimed at legalizing online casino gaming in the state. This effort marked his latest attempt to expand New York’s gambling offerings to include online casino games.

Despite these efforts, the bill faced significant challenges. Governor Kathy Hochul did not include the online casino proposal in her fiscal year 2025 executive budget, effectively halting its progress for that legislative session. As a result, online casino gaming remains illegal in New York throughout 2024. As of early 2025, discussions around legalizing online casino gaming in New York continue, with proponents preparing to reintroduce legislation in future sessions.

Governor Hochul Vetoes Casino Licensing Bill in New York

In November 2024, Coney Island. The committee voted against the necessary approvals for closing portions of local streets and acquiring air rights for high-rise towers and pedestrian bridges.

However, the project hinged on securing one of the three casino licenses that New York State plans to award in the New York City area by the end of the year. Some local residents and board members argued that Coney Island does not need more congestion or gambling-related issues.

Conclusion

New York’s gambling market is going through a wild ride. Some casino projects are moving full speed ahead, while others are hitting roadblocks, and the battle for those highly sought-after casino licenses is only heating up. The debate over online gambling is still up in the air, and not everyone’s on board with new casinos popping up in their neighborhoods.

At the same time, illegal gambling busts are stirring things up even more. With billions of dollars and tons of jobs at stake, this whole situation is only going to get crazier. One thing’s for sure–New York’s casino future is far from settled, and there’s plenty more drama to come.