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NYS Sports Betting Set to Launch Before Super Bowl


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https://www.bloomberg.com/news/articles/2021-11-08/draftkings-fanduel-among-winners-for-n-y-sports-bet-licenses

 

New York regulators chose two groups -- a total of nine casino and online gaming operators -- to offer mobile sports betting, making the state one of the largest yet to allow such wagering.

DraftKings Inc., MGM Resorts International’s BetMGM venture, Bally’s Corp. and FanDuel, a division of Flutter Entertainment Plc, had joined forces to win one of the bids. Another group included Caesars Entertainment Inc., Wynn Resorts Ltd., PointsBet Holdings Ltd., Rush Street Interactive and Resorts World, part of Malaysia’s Genting empire. That group was led by technology provider Kambi Group Plc.

The New York State Gaming Commission announced the awards Monday following a years-long effort by casino and online operators to crack the market. Mobile betting was included in the state budget passed in April, and regulators have been working since then to structure and evaluate the bids. Six bidders or groups of bidders submitted proposals to the state last summer. 

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