DraftKings has confirmed that it has spoken with various casinos in New Jersey about partnerships for offering sports betting in the US state. According to the Associated Press news agency, DraftKings said it has around 10 million customers, but currently focuses on its daily fantasy sports (DFS) service. DraftKings spokesman James Chisholm said the company is “perfectly positioned to succeed in a legal sports betting market”. However, DraftKings also said that it has no immediate announcements about a deal in New Jersey and made no suggestions that its plans could extend to other states. In recent months, the firm has…

Betting on sports would become legal at gambling facilities throughout Louisiana – even at bars and restaurants – under legislation approved Tuesday by a Senate committee. Senate Bill 266 would authorize gambling on sports at the Harrah’s New Orleans casino, the 15 floating casinos, the four racetrack casinos, the 200 video poker truck stop casinos and the more than 1,000 bars and restaurants with video poker machines. The legislation, approved by the Judiciary B Committee, now moves to the full Senate for consideration. SB266 becomes the first measure this year to win approval before a legislative committee that would clearly…

Alan Larrick, West Virginia Lottery Director, revealed that he’s confident that sports betting could be working at the state’s five casinos within 90 days of a favorable ruling from the US Supreme Court. The state is discussing the possibility in order to be ready in case the federal ban on sports betting gets lifted. “In a perfect world, we could hopefully be up and running by late summer,” Larrick said after Wednesday’s Lottery Commission meeting. He added that the Lottery is working as if the court has already given the approval for sports betting, and that the five casinos in…

Daily fantasy sports operator DraftKings has hired a “Head of Sportsbook” to deal with its aspirations in the sports betting space, the company announced on Monday. DraftKings also noted that it is opening an office in New Jersey. That’s in addition to existing offices in Boston and New York. The company started indicating its interest in the sports wagering space in 2017. The new hire obviously escalates those plans. DraftKings CEO Jason Robins talked about sports wagering just a few days ago. The potential for legalization of sports wagering around the US looms with the pending New Jersey sports betting…

Jason Robins, chief executive and co-founder of DraftKings, has said the potential wider legalisation of sports betting in the US represents an “enormous” growth opportunity for the company. Speaking to Xconomy.com, Robins said the firm, which has distanced itself from sports betting in the past due to potential legal issues regarding its daily fantasy sports (DFS) service, is waiting on the verdict of the ongoing ‘PASPA’ case. The state of New Jersey is currently heading up an effort to overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA). PASPA makes it unlawful for government entities to sponsor, operate,…

At an informational session on Kansas sports betting on Tuesday, a representative for Kansas Entertainment, LLC, a subsidiary of gaming conglomerate Penn National Gaming, expressed opposition to Major League Baseball and the NBA’s positions regarding sports wagering. He wasn’t afforded much time to speak, but in the full written testimony of Whitney B. Damron on behalf of Kansas Entertainment, he absolutely shreds the provisions on data and fees and control that the leagues have been pushing in an expansive lobbying effort spanning 10-plus states weighing sports betting legislation. The leagues have been pushing a “Model Sports Wagering Act” (the “Act”)…

Sports betting was legal in only five states in the US at the start of the year but that is about to change as soon as March the 15th 2018. Two states namely New York and West Virginia recently passed bills to make sports betting legal effective as soon as the federal ban on sports betting outside of Nevada is lifted meaning an opportunity has risen for start-ups to acquire software for bookies and start their online sportsbooks while the general populace of the two states now join sports bettors in other parts of America in getting the best sportsbook…

New York State Senator John Bonacic has introduced a sports betting bill in the state, in anticipation of potential wider legalisation of such activities in the US. At present, Nevada is the only state in which punters can legally place a bet on sporting events, under the laws set out by the federal 1992 Professional and Amateur Sports Protection Act (PASPA). PASPA makes it unlawful for government entities to sponsor, operate, advertise, promote, licence or authorise betting schemes based on games played by either amateur or professional athletes. However, the state of New Jersey is heading up an effort to…