by I. Nelson Rose | Nov 8, 2021 | Blogs
Last week I wrote a blog explaining why the plan to issue online sports betting licenses in New York will be a disaster. [LINK] Not only will the tax rate be the highest in the nation – possibly a ridiculous 71% – but the entire law is on its face unconstitutional....
by I. Nelson Rose | Oct 25, 2021 | Blogs
On Friday, October 22nd the New York State Gaming Commission announced what the tax rates will be for anyone unfortunate to win the right to operate online sports betting. Most of the bids were probably already in, but the Gaming Commission graciously gave the...
by I. Nelson Rose | Oct 20, 2021 | Blogs
Here’s a little nugget buried in the news: “US Interior Department calls to review Compact payments between Senecas and NY State,” LINK The fight is over whether the Seneca Nation must pay a $470 million judgment won by the State of New York. With any lawsuit...
by I. Nelson Rose | Oct 12, 2021 | Blogs
I first looked into COAMs a couple of years ago, when a very large investor wanted to know if he should put a few tens of millions of dollars into a company involved in the business in Georgia. Before I could advise him, I had to first figure out what in the world is...
by I. Nelson Rose | Sep 24, 2021 | Blogs, Information
“All we want is a level playing field.” I always like working with Washington State card clubs, gaming tribes and charities because I can make one of the strongest arguments a gaming operator has on their behalf: Government is giving an unfair advantage to...
by I. Nelson Rose | Aug 19, 2021 | Blogs, Information
UPDATE: Osaka Prefecture has selected MGM and Orix for the Integrated Resort. Osaka will submit the proposal to the Japanese national government in April 2022. MGM Resorts Int’l. and its Japanese partner, Orix Corp., has officially applied for the right to spend one...
