Really sad to see what has happened to GT. Shilling sportsbook promos for revenue while giving out picks is the ULTIMATE no-no for credibilty when you stand to profit from player losses. Then you dont even mention the crap 51% hold that New York state holds from betting revenue and how that affects lines, bonuses and marketing. A REALLY BAD DEAL for NY sports bettors but wonderful for marketers and profiteers. Despicable.
Hi Mychal – thanks for reading. While we receive referral compensation from our sportsbook partners, we strive for editorial integrity and balance. As for the 51% tax rate, we have reported on that multiple times, including in this piece about how it may affects bettors: https://www.gamingtoday.com/news/what-does-51-sports-betting-tax-rate-mean-for-new-york-bettors/ … Also, if you do live in New York or visit there and would like to bet, definitely check out the very generous bonuses sportsbooks are offering. Some of them are better than we’ve seen in any state. … Additionally, while we do have partnerships with specific operators, if you read our news stories, you will see quotes from bookmakers we are not affiliated with and you may even sometimes see stories critical of our partner books – Marcus DiNitto, Senior News Editor
I live in Vegas but I follow how other states are coming into sports betting legalization and how the player normally is the one paying the penalties for the opportunities.
I've been in the game for over 20 years and I have always kept a distance from any perceived affiliation with a sports book because profiting from a player's losses is unconciable to me. Period. Your media bosses fired all the quality writers and staff for a bunch of unproven rookies with no professional experience that a reader can trust. FFS, one of the CBB writers you terminated was around 13-2 ATS when you canned him at the takeover. Wow.
Now it's for laughs in my inbox. Sad and unfortunate... and in the very email you responded to, you try to sell me on BONUSES. You have balls, I'll give you that.
Online sports betting debuted in New York State last week. It seems like every
TV commercial in the area is for one of the four online sportsbooks currently
licensed to handle wagers in New York. Eventually, up to nine books will be
granted a license for the right to pay a usurious 51% tax on revenue (i.e., bettors’
losses) to the State, which is like a mafioso operation here. I would think that
eventually, several of the nine would say “No mas!” after looking at their net
profits following 51% taxation. My favorite moronic quote about it all: “This is
good news. It’s definitely good timing. We said we wanted mobile sports betting
to start before the Super Bowl. We’re ahead of schedule.” -- Assembly Gaming
and Wagering Committee Chairman Gary Pretlow (D-Mount Vernon).
Bobby Smith, Editor Sports Reporter
Really sad to see what has happened to GT. Shilling sportsbook promos for revenue while giving out picks is the ULTIMATE no-no for credibilty when you stand to profit from player losses. Then you dont even mention the crap 51% hold that New York state holds from betting revenue and how that affects lines, bonuses and marketing. A REALLY BAD DEAL for NY sports bettors but wonderful for marketers and profiteers. Despicable.
Hi Mychal – thanks for reading. While we receive referral compensation from our sportsbook partners, we strive for editorial integrity and balance. As for the 51% tax rate, we have reported on that multiple times, including in this piece about how it may affects bettors: https://www.gamingtoday.com/news/what-does-51-sports-betting-tax-rate-mean-for-new-york-bettors/ … Also, if you do live in New York or visit there and would like to bet, definitely check out the very generous bonuses sportsbooks are offering. Some of them are better than we’ve seen in any state. … Additionally, while we do have partnerships with specific operators, if you read our news stories, you will see quotes from bookmakers we are not affiliated with and you may even sometimes see stories critical of our partner books – Marcus DiNitto, Senior News Editor
I live in Vegas but I follow how other states are coming into sports betting legalization and how the player normally is the one paying the penalties for the opportunities.
I've been in the game for over 20 years and I have always kept a distance from any perceived affiliation with a sports book because profiting from a player's losses is unconciable to me. Period. Your media bosses fired all the quality writers and staff for a bunch of unproven rookies with no professional experience that a reader can trust. FFS, one of the CBB writers you terminated was around 13-2 ATS when you canned him at the takeover. Wow.
Now it's for laughs in my inbox. Sad and unfortunate... and in the very email you responded to, you try to sell me on BONUSES. You have balls, I'll give you that.