• bitcoinBitcoin(BTC)$78,252.000.20%
  • ethereumEthereum(ETH)$2,297.421.08%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$710.19-0.38%
  • rippleXRP(XRP)$1.250.17%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • solanaSolana(SOL)$94.70-1.06%
  • tronTRON(TRX)$0.3154101.68%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.080.00%
  • zcashZcash(ZEC)$1,265.471.13%
  • HyperliquidHyperliquid(HYPE)$86.67-1.65%
  • dogecoinDogecoin(DOGE)$0.075497-0.53%
  • moneroMonero(XMR)$607.090.46%
  • USDSUSDS(USDS)$1.00-0.06%
  • whitebitWhiteBIT Coin(WBT)$75.260.36%
  • chainlinkChainlink(LINK)$11.37-3.75%
  • leo-tokenLEO Token(LEO)$9.400.20%
  • cardanoCardano(ADA)$0.191545-1.00%
  • stellarStellar(XLM)$0.167698-1.04%
  • bitcoin-cashBitcoin Cash(BCH)$278.37-2.26%
  • nearNEAR Protocol(NEAR)$4.13-5.92%
  • daiDai(DAI)$1.00-0.05%
  • Ethena USDeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$7.23-0.38%
  • litecoinLitecoin(LTC)$55.20-1.81%
  • RainRain(RAIN)$0.006002-0.79%
  • USD1USD1(USD1)$1.00-0.04%
  • avalanche-2Avalanche(AVAX)$8.62-2.20%
  • CantonCanton(CC)$0.095188-2.25%
  • suiSui(SUI)$0.89-1.72%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.20-1.66%
  • hedera-hashgraphHedera(HBAR)$0.071107-1.28%
  • tether-goldTether Gold(XAUT)$3,893.000.55%
  • Global DollarGlobal Dollar(USDG)$1.00-0.05%
  • quant-networkQuant(QNT)$197.83-2.38%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.03%
  • shiba-inuShiba Inu(SHIB)$0.000005-0.90%
  • BittensorBittensor(TAO)$230.71-3.10%
  • crypto-com-chainCronos(CRO)$0.051068-0.64%
  • Ripple USDRipple USD(RLUSD)$1.00-0.05%
  • EthenaEthena(ENA)$0.180201-4.23%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.03%
  • okbOKB(OKB)$112.951.50%
  • Circle USYCCircle USYC(USYC)$1.140.00%
  • aaveAave(AAVE)$132.99-3.24%
  • pepePepe(PEPE)$0.000005-2.85%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • MemeCoreMemeCore(M)$0.861.07%
  • OndoOndo(ONDO)$0.397824-3.75%
  • Pump.funPump.fun(PUMP)$0.004110-3.30%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Hochul puts daughter of casino lobbyist on gaming oversight board

January 22, 2024
in Business
Reading Time: 4 mins read
A A
Hochul puts daughter of casino lobbyist on gaming oversight board
ShareShareShareShareShare

Gov. Kathy Hochul appointed the daughter of a veteran gambling lobbyist to the state board that regulates the industry — raising concerns about potential conflicts of interest from government watchdogs, The Post has learned.

YOU MAY ALSO LIKE

Binance withdrawals spike as it returns online after $6.3B heist

OPEC+ keeps December oil output targets steady ahead of tougher call for 2027

Marissa Shorenstein — who served as head of Hochul’s transition team when she became governor — was tapped as commissioner on the New York Gaming Commission despite her dad’s clients including some with business before the board, public records show.

Stuart Shorenstein has long been an active lobbyist and adviser to gaming firms, and is currently listed as repping the Swedish internet gambling giant Evolution Malta, which is pushing to legalize online betting in New York.

Shorenstein and the firm he co-founded — Cozen O’Connor — also is listed as the lobbying firm for HBC- Saks Fifth Avenue, which is pushing for a plan to open a casino above its flagship Manhattan store.

“I’ve dealt with Stuart on a number of gaming issues — starting with mobile sports betting,” said Joseph Addabbo (D-Queens), chairman of the state Senate Committee on Racing, Gaming and Wagering.

Mobile sports betting, launched in New York in 2022, is overseen by the gaming commission that includes Marissa Shorenstein, who was placed on the board that June, records show.

Gov. Kathy Hochul appointed the daughter of a veteran gambling lobbyist to the state board that regulates the industry. AP

One government watchdog said it’s inappropriate to put the daughter of gambling lobbyist on the board that regulates and investigates the industry, including clients or potential clients of Shorenstein’s father.

“This is a head shaker. This is planet Albany,” said John Kaehny, executive director of Reinvent Albany, a non-profit government accountability and transparency group.

“Why appoint Shorenstein to something directly related to her father’s job? There are so many boards and commissions the governor could have appointed Shorenstein to. Why appoint her to the one that raises red flags?” added Kaehny.

“It’s absurd.”

Hochul’s office and Marissa Shorenstein, who was press secretary to former Gov. David Paterson and currently serves as chief external officer at Brooklyn-based sports and entertainment firm BSE, declined direct comment.

Marissa Shorenstein — who served as head of Hochul’s transition team when she became governor — was tapped as commissioner on the New York Gaming Commission.
Stuart Shorenstein has long been an active lobbyist and adviser to gaming firms, and is currently listed as repping the Swedish internet gambling giant Evolution Malta. RYAN MCCUNE/PatrickMcMullan.

But a top official with the state Gaming Commission, responding on the governor and Marissa Shorenstein’s behalf, insisted the latter’s family gambling connection was much ado about nothing.

“Marissa Shorenstein is a highly-qualified individual with decades of leadership in the public and private sector, who has always abided by the highest ethical standards on the Gaming Commission,” said the commission’s deputy executive director, Lee Park. “It’s shameful that anonymous critics are making sensational allegations.”

The Gaming Commission said it has robust policies and procedures related to recusals for all commissioners and that Shorenstein was “transparent and forthcoming” about her dad’s ties to the industry and that she “already recused” herself from weighing in on cases involving her father and his firm, Cozen O’Connor and Cozen O’Connor Public Strategies.

The commission also said its appointees — including Shorenstein — will not be making the decision to award up to three casino licenses in the downstate region. An Independent Gaming Facility Location Board will select the winners.

The commission regulates casinos and other other aspects of gaming activity in the state, including horse racing, state lottery games, sports betting, interactive fantasy sports and charitable games.

The commission said its appointees will not be making the decision to award up to three casino licenses in the downstate region. Robert Mecea

Stuart Shorenstein declined comment.

Shorenstein’s client — Evolution — has come under the microscope in recent years.

The firm specializes in online live gambling of games such as blackjack and roulette, with real dealers, and provides feeds to a number of independent online casino operators.

Private investigators for an unnamed competitor claimed they were able to access and play Evolution’s games from countries such as Iran, in violation of US sanctions, according to reports in Bloomberg News and Reuters.

Evolution declined comment, but previously denied the accusations of operating in sanctioned countries and maintained it has complied with all laws and regulations. 

State Sen. Addabbo just introduced legislation to legalize remote gambling on games such as blackjack and poker.

But his bill would have the gaming commission bar any license to firms that accept or have accepted revenue “directly or indirectly” from operations on the US “Black List of Money Laundering Countries” or designated state sponsors of terrorism.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Binance withdrawals spike as it returns online after .3B heist
Business

Binance withdrawals spike as it returns online after $6.3B heist

November 1, 2026
OPEC+ keeps December oil output targets steady ahead of tougher call for 2027
Business

OPEC+ keeps December oil output targets steady ahead of tougher call for 2027

November 1, 2026
Global law firm Vedder getting new NYC digs with move to Sixth Ave. tower
Business

Global law firm Vedder getting new NYC digs with move to Sixth Ave. tower

November 1, 2026
Jean-Georges Vongerichten launching 3 dining concepts at Hudson Yards
Business

Jean-Georges Vongerichten launching 3 dining concepts at Hudson Yards

November 1, 2026
Next Post
Supreme Court allows Border Patrol agents to remove razor wire Texas installed at Mexico border

Supreme Court allows Border Patrol agents to remove razor wire Texas installed at Mexico border

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
How to Build a Diversified Portfolio for the Long Term

How to Build a Diversified Portfolio for the Long Term

October 31, 2026
Iran War Updates: Trump says war "going to end soon" as Qatar pushes for a U.S.-Iran deal – CBS News

Iran War Updates: Trump says war "going to end soon" as Qatar pushes for a U.S.-Iran deal – CBS News

October 30, 2026
This Hidden Windows 11 Menu Can Save You Valuable Time When Troubleshooting

This Hidden Windows 11 Menu Can Save You Valuable Time When Troubleshooting

November 1, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!