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Resorts inks 2nd online sports betting deal

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Five New Jersey casinos currently offer sports betting.
Five New Jersey casinos currently offer sports betting. - ()

Atlantic City’s Resorts Casino Hotel on Thursday announced its second deal in 24 hours for online sports betting.

The deal with The Stars Group comes a day after Resorts announced a similar arrangement with fantasy sports company DraftKings, which is the first online gambling company to be approved for mobile and online sports betting in New Jersey.

“We believe The Stars Group is uniquely qualified with the experience and insight needed to make sports betting a success in New Jersey,” said Matt Primeaux, a senior vice president of operations at the Toronto-based The Stars Group, in a statement. “We have successfully launched the BetStars brand in many European regulated markets and we have invested heavily to create a premier global offering.”

DraftKings will first roll out its sports-betting app DraftKings Sportsbook by invitation only for bettors to place wagers from anywhere within New Jersey state boundaries.

Five New Jersey casinos currently offer sports betting: Resorts, Borgata Hotel Casino & Spa, Ocean Resort Casino, Bally’s Atlantic City Hotel & Casino and Harrah’s Atlantic City Hotel. Wagering is also available at Monmouth Park and Meadowlands Racetrack.

The first two weeks of legalized sports betting in New Jersey in the second half of June generated over $16 million in wagers, $3.5 million in revenue and $294,000 in taxes, according to a July 12 report from the state Division of Gaming Enforcement.

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Daniel J. Munoz

Daniel J. Munoz

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

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