DraftKings Seeks Casino Partners for Sports Betting

Written by:
Guest
Published on:
Mar/30/2018

ATLANTIC CITY, N.J. (AP) — DraftKings says it has contacted potential casino partners in New Jersey with an eye to offering sports betting if the U.S. Supreme Court legalizes it.

The Supreme Court is considering the state's challenge to a law limiting sports betting to just four states. A ruling could come as early as next week.

DraftKings spokesman James Chisholm said the leading daily fantasy company "is perfectly positioned to succeed in a legal sports betting market."

 

The company says it has 10 million customers, but adds it has no immediate announcements regarding any deal with a casino and didn't mention plans for other states.

It recently opened an office in Hoboken, New Jersey, about two hours from the state's seven casinos in Atlantic City.

DraftKings is one of many companies expected to move quickly to take advantage of sports betting, should it become legal. Another large daily fantasy sports provider, FanDuel, declined to comment on its plans.

In December, three firms that were jockeying for position in a U.S. legalized sports betting market ended their litigation. Scientific Games acquired NYX Gaming in January, and British betting firm William Hill, which initially opposed the merger, agreed to support it.

New Jersey is taking aim at a 1992 law that forbids state-authorized sports gambling in all but four states that met a 1991 deadline to legalize it: Delaware, Montana, Nevada and Oregon. Nevada is the only state to allow single-game wagering.

 

At least 19 states already have authorized sports betting, pending a favorable court ruling, or have introduced legislation that would do so, according to Eilers & Krejcik Gaming, which tracks state-by-state gambling legislation.

Gambling News

Liverpool’s Sturridge Charged With Breaching Betting Rules

Liverpool striker Daniel Sturridge could be facing a ban from football after being charged on Monday with breaching rules on betting.

Massachusetts, Rhode Island Residents Await Sportsbook Opening

Massachusetts, Rhode Island Residents Await Sportsbook Opening

Those in and around the Boston area will soon have a sportsbook within a 40 minute to 1-hour drive should the New England Patriots be playing in the 2019 Super Bowl.  Providence residence are in even better luck as that sportsbook is set to open just 15 minutes outside the city limits.

Wagerers Crossing the Delaware (and Hudson) for Sports Bets

Wagerers Crossing the Delaware (and Hudson) for Sports Bets

In the time it takes for a red light to turn green, Leonard Sciascia can get his sports bets made, turn around and head home.

Airplane Banner Denounces Jets’ Partnership With MGM

An airplane banner criticizing the New York Jets’ gaming deal partnership with casino operator MGM Resorts International circled MetLife Stadium several times a few hours before the team’s game against the Buffalo Bills.

The Death of The Bookie!

Are you ready for the future of gambling in America? If you’re wondering how you can prepare for the upcoming flood of competitors trying to steal your lunch, this is going to be the most important message you’ll ever read!

Syndicate