Brett Smiley from SportsHandle brings SBC Americas another round-up of the week’s big developments in US sports betting.
Physical DraftKings Sportsbook Set to Open at Resorts in Atlantic City
For the second time this week, DraftKings has announced the forthcoming opening of a physical sportsbook — this time where the post-PASPA U.S. sports betting expansion started, in New Jersey*.
“Construction is near completion on the DraftKings Sportsbook at Resorts, slated to open by late November 2018,” pending approval from the state’s Division of Gaming Enforcement. The Associated Press reports a more specific date — Tuesday, Nov. 20. According to the AP, the sportsbook will be situated in an area where patrons can access it via an entrance off the Atlantic City boardwalk.
Full story here.
New Jersey Sports Betting Handle Surges to $261M, Revenue ‘Just’ $11M as Bettors Exact Revenge
The good news for the New Jersey sportsbooks in the newly released revenue report for October is a large jump in handle from $186 million in September to $261 million in October. The downside is that the bettors took a bigger bite of the books this month than usual, cutting revenue by more than half month-over-month from $24 million in September to “just” $11.7 million in October.
Full story here.
PA’s 1st Sportsbook at Hollywood Casino Expected to Open Saturday
Penn National Gaming announced today that is has begun testing at its Hollywood Casino sportsbook with the approval of the Pennsylvania Control Board. Should the testing go smoothly, the sportsbook plans to open for business Saturday, which would make it the first sportsbook in Pennsylvania to accept bets.
The news was the second big announcement of the day in Pennsylvania. Earlier in the day the PGCB announced that it had received its sixth application for a PA sports betting license. The Valley Forge Casino Resort filed paperwork on Wednesday.
Full story here.
New York’s Empire Resorts Joins Forces With Bet365 on Sports Betting
Empire Resorts, Inc., now an affiliate of bet365 Group Limited (bet365) and Resorts World Catskills today revealed a “strategic alliance” to join the rapidly expanding sports wagering business space in the U.S. by creating a physical and online sportsbook in New York State.
Sports wagering is not currently legal in New York, however, rules and accompanying regulations are expected to come under close examination by New York State lawmakers in 2019, Democratic State Assemblyman J. Gary Pretlow (D-89th District) told Sports Handlein an interview last week. Pretlow is the state lawmaker sponsoring enabling legislation that would legalize full-fledged sports betting in the state.
Full story here.
