FanDuel will launch an online sportsbook in New Jersey in time for football season.
FanDuel Group says it will launch online sports betting and an internet casino in New Jersey, hopefully in time for the start of football season.
FanDuel, which is mostly owned by Ireland-based Paddy Power Betfair, will provide online sports betting with the license of the Meadowlands Racetrack, and internet gambling through its licensing affiliation with Atlantic City’s Golden Nugget casino.
GAN and IGT will provide the technology platform for both.
“Online sports betting ‘go-live’ preparations for FanDuel are well advanced and we remain confident in launching integrated sports betting alongside our existing internet casino later this year,” said Dermot Smurfit, GAN’s CEO.
An NFLPA executive said players are concerned about what expanded legal sports betting will mean for them.
“There are serious consequences, particularly for the athletes,” said Casey Schwab, vice president of business and legal affairs for the NFLPA. “Because of those consequences, the athlete’s voice must be heard, particularly as we contemplate sports betting in the country.”
Representatives from the player associations for MLB, NBA and NHL also attended the National Council of Legislators from Gaming States’ summer meeting in Cleveland. Schwab said the players’ unions from the respective leagues are on the same page and are focused on the protection of athletes — their privacy, their data and their public perception — more than monetization opportunities when it comes to sports betting.
Mississippi will have legal sports betting this weekend, but a columnist suggests it needs a mobile option.
While there are sky-high expectations about the benefits sports betting will bring to the state, Mississippi lawmakers need to be realistic about just how big, and how prolonged, the spike in casino revenue from sports betting is likely to be. Some Gulf Coast casinos are planning a big rollout of fancy Vegas-style sports books, vying to become Mississippi football fans’ new weekend destination. This is sure to attract many fans on game day, but there is sure to be an even larger contingent of fans who would just as soon watch the game away from the noise and second-hand smoke of the gaming floor, but still bet on sports. And let’s not forget the smartphone generation that has grown to expect the convenience of ordering everything from movie tickets to tube socks from their phone and will expect the same convenience when it comes to betting on sports. At the end of the day, it’s a relatively small percentage of people who will be enticed to consistently drive to a casino every single time they want to place a sports bet.
Pennyslvania lawmakers aren’t sure whether or not legal betting will be available at the start of football season.
We do think that wagering on football this coming season in all likelihood will occur,” Pennsylvania Gaming Control Board Executive Director Kevin O’Toole told PennLive Wednesday.
“But whether it’s September, October or November is hard to say.”
The next big step on the sports betting front here is expected to occur Aug. 15.
On that day, O’Toole said, the gaming control board is expected to act on its next package of sports betting regulations, including those that answer big, market-shaping questions like:
– Will Pennsylvania permit game-inside-the-game bets, like, ‘who’s going to score the first touchdown today?’
– Will the state permit bets on games involving in-state colleges?
* * *
Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here.
Stumble upon something you think we should include? Email info@bettingtalk.com.