Facebook Twitter LinkedIn Google Plus RSS

Fantasy betting league partners with AC resort for sports wagering

By ,

Resorts Casino Hotel and DraftKings, one of the largest fantasy betting leagues in the U.S., have announced they’ve inked a deal to begin offering sports gambling.

The Friday announcement means the Atlantic City resort casino aims to be one of the first in the state to begin offering sports wagering, several weeks after a high court ruling struck down a federal law banning sports betting in all but four states.

“We are excited to work with Resorts Hotel Casino to bring our new DraftKings sportsbook to New Jersey,” DraftKings CEO Jason Robins said in a statement. “As a tech savvy and a long-term growth oriented organization, Resorts Hotel Casino aligns perfectly with our customer-focused, innovation culture.”

The announcement comes just days before the Assembly Tourism, Gaming and Arts Committee will hold a June 4 vote on Assembly Bill 3911, which would legalize, regulate and tax sports betting.

Then on June 7, the State Senate is expected to vote on the upper house’s counterpart of A3911, according to Senate President Stephen Sweeney, D-3rd District.

Friday’s news comes at a particularly tough time for the state’s industry, which has yet to blossom.

The day before, Delaware Gov. John Carney said the state’s sports betting industry will be open for business on June 5, the same week the New Jersey legislature votes on its own measures.

“Delaware has all necessary legal and regulatory authority to move forward with a full-scale sports gaming operation, and we look forward to next week’s launch,” Carney said. “We’re hopeful that this will bring even more visitors into Delaware to see firsthand what our state has to offer.”

Sweeney issued a statement earlier in May saying sports betting won’t begin until after legislation is enacted and is signed by Gov. Phil Murphy.

Under the text of a bill circulating in the statehouse, any group that operates a sports betting pool before the regulations are rolled out will be barred from doing so for the foreseeable future.

Also Popular on NJBIZ

Daniel J. Munoz

Daniel J. Munoz


Daniel Munoz covers politics and state government for NJBIZ. You can contact him at dmunoz@njbiz.com.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close