authorized to operate sports betting<\/a>.<\/p>\n<\/div>\nNew York lawmakers are currently deliberating the best path forward to regulate sports gambling in the wake of the Supreme Court’s repeal of the longstanding federal ban known as PASPA (Professional and Amateur Sports Protection Act).<\/p>\n
State Sen. John Bonacic’s (D-District 42) bill, which is currently being reviewed by the chamber’s Finance Committee, would authorize licensed casinos to partner with sportsbook operators to facilitate wagers on collegiate and professional sports. However, bets on college events that involve a New York team or takes place within the state’s borders would remain prohibited.<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM Resorts is adding another state to its domestic portfolio by announcing it has reached a deal to acquire the Empire City Casino in Yonkers, New York, for $850 million. The deal involves the company’s real estate investment trust, MGM Growth Properties (MGP). MGP will pay $625 million and then lease back the property’s operations […]<\/p>\n","protected":false},"author":25,"featured_media":79126,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18,1074],"tags":[],"acf":[],"yoast_head":"\n
MGM Resorts in New York State of Mind, Acquires Empire City Casino<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n