Four mobile sports wagering operators have been approved by the New York State Gaming Commission. Caesars, FanDuel, DraftKings, and Rush Street Interactive are to begin their sports wagering operations from Saturday, January 8th.
Each operator has satisfied all statutory and regulatory requirements necessary in order to be approved. They are now officially allowed to commence operations.
Depending on their business capability and readiness, each licensee is free to determine when to accept wagers, according to the NYSGC.
Five licensees to continue working towards satisfying the necessary requirements are BetMGM, Bally’s, Wynn, Resorts World, and PointsBet. Their launch will be approved as soon as they meet the necessary requirements.
Knock-Out Competition
In November 2020, regulators decided that Penn National, bet365, theScore Bet, Fox Bet, and Fanatics will not be approved, upon the issuance of the ten-year licenses, with a $25m fee attached.
Jason Robins, CEO at DraftKings expressed his delight at the group’s imminent debut: “As a longtime Boston sports fan, I can personally attest to countless fiery rivalries against various New York teams, and that passion is what makes these fanbases so special within this globally revered sports entertainment mecca.”
RSI took the chance to issue thanks to the NYSGC for its “professional and efficient support” while preparing to go live this weekend. Richard Schwartz, CEO of RSI, noted: “ The long-awaited launch of online and mobile sports betting in New York – the largest online sports betting market by population in the United States – is here, and just in time.
Fans will have their fill of entertainment just a click away at BetRivers with the college football championship game on January 10th and NFL playoffs approaching. Not the mention the NBA and NFL seasons in full swing.
