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New York Generates Massive Tax Revenue In One Day Of Mobile Betting

“Ryan Butler of Wagers.com reports that New York generated more mobile wagers than any other market ever has on its first day of legalization.”

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We learned two things on Monday. First, New Yorkers were ready to bet. Second, they didn’t want to leave their homes to do it.

Four mobile sportsbooks began operating on Saturday, and while we are waiting on the official numbers, Ryan Butler of Wagers.com reports that New York generated more mobile wagers than any other market ever on its first day of legalization.

The tax revenue generated by the state is even more impressive. All mobile sportsbooks operating within the state will be subject to a 51% tax on their profits. In two-and-a-half years of legalized retail betting, the state has generated $3.7 million in tax revenue. It is projected that the tax revenue generated by mobile betting in a single day beat that number.

California may be the only state with the population to justify implementing a tax as large as New York’s on sportsbooks. Still, plenty of states where mobile betting has not yet been legalized will have their eyes on what has happened in the Empire State.

BetRivers, Caesars, DraftKings, and FanDuel all launched over the weekend. The former reported that just under $1 million was wagered on its platform on day one. Butler says that is very good news for the other three books.

There are even more options to come. Nine sportsbooks were given a license to operate in New York. The New York Gaming Commission says BallyBet, BetMGM, PointsBet, Resorts World and WynnBet will beging operating on a “rolling basis,” but did not specify when that may begin.

You can bet after seeing the action and revenue generated on day 1, the books and the state are probably a little more impatient for that day to arrive.

Sports Radio News

Howie Rose Plans to Travel for Mets Postseason Games

“Oh, I’m all-in if they play in Timbuktu,” Rose said.

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Howie Rose has cut back on his travel schedule as the radio voice of the New York Mets in 2022, but he says that no place is off limits during the playoffs.

“Oh, I’m all-in if they play in Timbuktu,” Rose told Newsday. “A lot of this was designed to make sure that I had enough reserve to be able to handle anything that comes up in terms of road trips.”

Rose, 68, readies for what is likely to be a Wild Card series start to the playoffs and because of their Wild Card status, a win there could mean a trip to Los Angeles for the National League Divisional Series.

“It’s not exactly like managing Edwin Diaz’s innings, but I think that doing the number of games that I have and more to the point, being able to take the breaks that I have, has enabled me to approach the postseason with a clear mind and the full-speed-ahead attitude that you need to have.”

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Sports Radio News

Jake Chapman Named Orlando Magic Radio Play-By-Play Voice

Chapman will make his debut as the team’s radio voice during its preseason opener tonight against the Memphis Grizzlies.

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Jake Chapman has been introduced as the new radio play-by-play voice of the NBA’s Orlando Magic.

Chapman is beginning his 10th overall season with the franchise. He has previously served as the pre-game and post-game host for the team, as well as the radio producer. He joined the club as in intern in 2006 before becoming a producer in 2009. He then joined the Detroit Pistons Radio Network in 2014 to become its pre-game and post-game host as well as executive producer. He later joined 92.3 The Fan and the Cleveland Browns Radio Network as a producer. He returned to the Magic in 2019.

Chapman will make his debut as the team’s radio voice during its preseason opener tonight against the Memphis Grizzlies.

Brandon Kravitz will serve as co-host for pregame, halftime and postgame. The network pregame show, Magic Tonight, will hit the air 30 minutes prior to tip-off. Magic Tonight is scheduled to premiere on October 11.

96.9 The Game is the radio flagship of the Magic Radio Network.

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Sports Radio News

Angelo Cataldi Thinks Cris Collinsworth Is A ‘Bozo’

“He goes ‘I think Cris is usually smart in and his analysis is good but…” Hughes said before Cataldi interrupted by shouting “No he’s not! No he’s not!”, he reiterated. “He’s not smart!”

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Some analysis made by Sunday Night Football commentator Cris Collinsworth caught the attention of 94 WIP morning host Angelo Cataldi that sent him over the edge Monday morning.

“Joe Banner ripped Cris Collinsworth last night over something he said about Andy Reid in the game last night,” Rhea Hughes said as she detailed Banner’s criticism. “He goes ‘I worked for Andy Reid for 14 years. Cris Collinsworth just said if there’s anything Andy Reid loves to do it’s pound the football.”

“Oh that’s a total lie! Cris Collinsworth is a bozo!”, Cataldi shouted.

Reid faced heavy criticism at the end of his tenure as head coach of the Philadelphia Eagles for his reluctance to run the football. The team routinely finished in the bottom half of the league in rushing yards per game during Reid’s 14 seasons at the helm of the franchise.

“He goes ‘I think Cris is usually smart in and his analysis is good but…” Hughes said before Cataldi interrupted by shouting “No he’s not! No he’s not!”, he reiterated. “He’s not smart!”

“NBC needs to learn he does no work anymore,” Hughes added of Collinsworth.

“Nothing! Stop it! Stop it all of you! Stop it now!”, Cataldi concluded.

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