From The Desk Of Yonkers Newswire Editor Brian Harrod: MGM IS A BIG LOSER: The Yonkers Casino Craps Out In State Budget, But Mobile Sports Betting Stays In The Game.

 

From The Desk Of Yonkers Newswire Editor Brian Harrod.... MGM IS A BIG LOSER: The Yonkers Casino Craps Out In State Budget, But Mobile Sports Betting Stays In The Game Empire City Casino, took a big blow with the failure of lawmakers to speed up the timetable and site three full downstate casinos a few years earlier than planned. The problem with the three casinos is dealing with both of the casinos in Queens and Yonkers that already see two of those licenses as their own, and figuring out where and how to locate the third one. That confusion is also part of the holdup with getting more machines for Jake’s 58 in Suffolk and for Nassau’s deal at Resorts World Casino at Aqueduct Raceway, because every machine that gets plugged in around New York City affects the market, and the eventual deal for those three licenses, which could go for more than $500 million each. But for sports bettors the news is pretty good Mobile sports gambling will be legal, with two mobile operators running online sports books, which would then let four "skins" to subcontractors. https://www.facebook.com/groups/YonkersNewswire/permalink/2935009290089963/

Brian sent Today at 4:29 PM