An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
New York State Sen. Joseph Addabbo, Jr. is the American Gambling Awards Policymaker of the Year
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Gambling.com Group Limited (NASDAQ: GAMB) has recognized Senator Joseph Addabbo as the 2022 'Policymaker of the Year' during the American Gambling Awards. Addabbo's leadership in the New York State Senate has significantly advanced gaming regulations, particularly mobile sports betting, generating over $500 million in tax revenue for education and youth sports. He aims to legalize iGaming and support new casino licenses in New York. CEO Charles Gillespie commended Addabbo's efforts, stating that his leadership positions New York as a model for online gambling regulation.
Positive
Over $500 million generated in tax revenue from mobile sports betting within less than a year.
Senator Addabbo's recognition could benefit the Group's reputation and influence in regulatory matters.
Plans to legalize iGaming and support for downstate casino licenses may lead to an expanded market.
Negative
None.
CHARLOTTE, N.C.--(BUSINESS WIRE)--
The 2022 edition of the American Gambling Awards is pleased to announce Sen. Joseph Addabbo, Jr. (NY) is the 2022 “Policymaker of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.
As Chairman of the New York State Senate Committee on Racing, Gaming and Wagering, Addabbo has guided gaming expansion in the Empire State to record heights, including a highly successful mobile sports betting program. Success with mobile wagering, launched in January, has resulted in a multi-million-dollar windfall in tax revenue for elementary and secondary education and grants for youth sports programming.
Addabbo, a Democrat from Queens, now is positioning the state to legalize iGaming, possibly during the 2023 legislative session. He also supports the licensing of three full downstate commercial casinos.
Charles Gillespie, Chief Executive Officer of Gambling.com Group, said, “Senator Addabbo has long been one of New York State’s most prominent advocates for legal, regulated and safe gaming, and is very deserving of receiving the Policymaker of the Year award. With great leadership like Senator Addabbo spearheading the effort, New York state will continue to be a leader in how proper online gambling regulation should look like in the United States.”
“It is an honor to be named Policymaker of the Year by the American Gambling Awards,” Addabbo said. “Bringing quality, regulated and safe gaming options to the residents of New York has been a major legislative goal of mine, and to see it expand so successfully is incredible. It is through the hard work of my office team and my legislative partners that we were able to bring legal mobile sports betting to the state, and the benefits are already beginning to be witnessed. In less than a year, New York State has collected over $500 million in tax revenue from mobile sports betting, with a large portion of that money going towards our educational system, problem gaming services, and youth sports programs. With the pending three downstate gaming licenses and the effort to consider entry into the iGaming market for our residents, the future is bright for New York, and I will continue to work on safely expanding gaming in our state.”
For more information about the American Gambling Awards, including a full list of winners, please visit the awards website: www.gambling.com/us/awards.
About Gambling.com Group Limited
Gambling.com Group Limited (Nasdaq: GAMB) is a multi-award-winning performance marketing company and a leading provider of digital marketing services active in the online gambling industry. Founded in 2006, the Group operates from offices in the United States, Ireland and Malta. Through its proprietary technology platform, the Group publishes a portfolio of premier branded websites including Gambling.com, Bookies.com and RotoWire.com. As of October 31, 2022, the Group owns and operates more than 50 websites in seven languages across 15 national markets covering all aspects of the online gambling industry, including iGaming and sports betting, and the fantasy sports industry.
