Mayor Eric Adams on Wednesday advanced a $4 billion proposal to establish a casino in the Bronx by overturning a City Council decision that had rejected a key zoning change necessary for the development to proceed.

The decision potentially benefits former President Donald Trump: should Bally’s Corporation secure approval for the site, it would be required to pay $115 million to the Trump Organization, the former site operator. Mayor Adams framed the veto not as political maneuvering, but as an effort to ensure impartiality among competing applicants seeking casino licenses within the New York City region.

Following the veto, the City Council now has ten days to respond, requiring a two-thirds majority vote to override the mayor’s action.

Council spokesperson Mara Davis responded critically, stating the mayor’s remarks lacked credibility, and noted that Council leadership was evaluating next steps regarding the land-use proposal.

Earlier this month, the Council overwhelmingly opposed the rezoning measure, adhering to its convention of deferring to the local representative—Councilmember Kristy Marmorato, a Republican whose district includes the proposed casino site. Marmorato has characterized the project as a “predatory development.” Despite her opposition, the rezoning initiative received backing from most of the Bronx delegation, which is predominantly Democratic. Marmorato did not issue a public response on Wednesday.

New York City Casino Licensing

New York City’s casino race is heating up, with high-profile bids vying for just three coveted downstate licenses. Here’s a summary of the major contenders seeking licensing in the city:

Manhattan

• Hudson Yards (West Side): Wynn Resorts and Related Companies propose a $12 billion casino complex featuring an 80-story tower, hotel, retail space, and a school.
• Times Square: Jay-Z’s Roc Nation, in partnership with Caesars Entertainment and SL Green Realty, is backing a $5.4 billion Caesars Palace Times Square project. It promises thousands of jobs and community investment, but faces pushback from Broadway stakeholders.

Queens

• Willets Point: Mets owner Steven A. Cohen is behind a proposal near Citi Field, aiming to transform the area with a casino and entertainment district.
• Resorts World NYC: Located at Aqueduct Racetrack, this existing “racino” is seeking a full casino license and is considered a strong contender.

Brooklyn

• Coney Island: A bid here envisions revitalizing the iconic beachfront with a casino and entertainment hub.

Yonkers

• Empire City Casino: Another existing racetrack venue, Empire City is also in the running for a full license.

Each proposal tout’s economic benefits, job creation, and community investment, but local opposition and zoning hurdles remain key challenges.

Online Casinos In New York

The state of New York has not authorized domestic casinos to operate online; however, there are also no laws forbidding offshore casinos from accepting NY players.

Today, there are only six states that offer online casino games: Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia. While several other states have proposed legislation to allow online casinos, no such legislation has passed the state legislatures.

Popular online casino games include betting on blackjack, video poker, slots, roulette, baccarat, keno, and much more.

Football fans will have to wait another month before the NFL season kicks off, and future bettors will have to wait even longer for their bets to pay out.

However, the value offered for placing “way too early futures” warrants consideration if you plan on betting on the NFL this season. Right now, you can lock in bets for quality teams at favorable odds. However, futures, especially those that are “way too early futures,” are inherently risky.

Below, we will discuss some of the future odds available now for the NFL’s 2025 season and discuss where offshore sportsbooks are legal in the United States.

2025 NFL Future Odds

Future odds are popular for various reasons, but mainly because they often offer excellent value. Some of the largest payouts in history have come from future odds.

Seasoned bettors typically add futures to pad their season bets as they usually bet on game lines each week. New bettors often gravitate towards futures due to the possibility of big payouts and budget constraints.

Below are select current futures from Bovada that offer great value. However, the bets won’t come to fruition till the end of the season.

Super Bowl LX 2026 Winner

• Baltimore Ravens +700
• Buffalo Bills +700
• Philadelphia Eagles +700
• Kansas City Chiefs +800
• Detroit Lions +1000
• Los Angeles Rams +1500
• San Francisco 49ers +1600
• Minnesota Vikings +2000

AFC Championship Winner

• Buffalo Bills +300
• Baltimore Ravens +375
• Kansas City Chiefs +375
• Cincinnati Bengals +900
• NFC Championship Winner
• Philadelphia Eagles +325
• Detroit Lions +500
• Los Angeles Rams +800
• San Francisco 49ers +830
• Washington Commanders +900

Offensive Player of the Year

• Saquon Barkley (PHI) +600
• Ja’Marr Chase (CIN) +800
• Jahmyr Gibbs (DET) +1000
• Derrick Henry (BAL) +1100
• Christian McCaffrey (SF) +1400

Super Bowl LX 2026 – Winning State

• Any Other State +120
• Maryland +425
• Pennsylvania +500
• California +700
• New Jersey + New York +600

Is Online Sports Gambling Legal In My State?

Offshore sportsbooks are technically legal in every US state; however, some sites have opted out of select markets. Since no state or federal gambling laws regulate offshore sportsbooks, legit sites have been accepting US players for years.

Since the repeal of PASPA, many states have passed sports betting laws to allow in-person and online sportsbook apps. Today, there are 40 states with in-person sports wagering options and 34 states that also allow online sports wagering.

The United States just signed into law President Trump’s “Big, Beautiful Bill,” and gamblers have noted that the new legislation changes the tax rate on revenue earned and lost.

The change comes in the form of deductions, whereas bettors can currently deduct all of their losses, the new code will cap loss deductions at 90% starting in 2026. This allows professional and amateur bettors to incur losses year after year and still be liable for taxes on those losses.

How The Bill Could Affect The Online Gambling Industry

Several gambling aficionados have noted that this small change could significantly affect the industry. Professional poker player Phil Galfond stated on X that you can pay more in tax than what you won.

Galfond also said, “A pro who earns $200k/year might have $3m in winnings and $2.8m in losses, which means earning $200k and being taxed as if they earned $480k. This applies to both recreational and professional gamblers.”

Representative Dina Titus, a Democrat from Las Vegas, stated on Wednesday via Twitter that she is working to amend the change. A gaming industry source told the media that while the effects of the tax change are unclear, it will likely affect professional gamblers more than recreational players.

Do Americans Have To Pay Taxes On Offshore Casino Winnings?

Yes, Americans are required to pay taxes on winnings accumulated from offshore betting sites, just as they would for domestic gambling income. According to the IRS, all gambling winnings are taxable, regardless of where they are earned. This requirement also includes lotteries, raffles, horse races, and casinos, whether in the U.S. or abroad.

In recent years, the U.S. has expanded its online and in-person gambling options following the repeal of the Professional and Amateur Sports Protection Act (PASPA). Currently, 38 states and Washington, D.C., have enacted laws allowing residents and visitors over the legal gambling age to place wagers on sports.

Only 30 U.S. states have authorized online sports betting apps, but additional legislation on the docket could increase that number by the end of the year.

Are Offshore Betting Sites Legal In The USA?

Technically, yes, because there are no federal laws that forbid their use or restrict their access. Some states have taken steps to protect their residents’ income by asking popular offshore sites to cease accepting players; however, no laws have been enacted to restrict their access specifically.