FanDuel Online Casino to Launch in New Jersey

A FanDuel online casino is headed tor New Jersey! The FanDuel Group says it hopes to launch online sports betting and internet betting in the state before the start of football season. The company is mostly owned by Ireland-based Paddy Power Betfair.

FanDuel will provide online sports betting with the license of the Meadowlands Racetrack, and internet gambling through its licensing affiliation with Atlantic City’s Golden Nugget casino. GAN and IGT will provide the technology platform for both.

“Online sports betting ‘go-live’ preparations for FanDuel are well advanced and we remain confident in launching integrated sports betting alongside our existing internet casino later this year,” said Dermot Smurfit, GAN’s CEO. The FanDuel online casino is just one of many who are racing to get in on both of New Jersey’s growing gambling markets.

FanDuel is a US gambling company that offers sports betting and fantasy sports, along with horse racing and online casino games. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service

Irish bookmaker Paddy Power Betfair announced it would acquire FanDuel back in May of 2018. The company planned to contribute over $150 million while merging its assets in the United States  into FanDuel. Those assets included the horse racing cable network TVG.

Paddy Power Betfair holds a 61% controlling stake, with the option to increase its stake to 80% and 100% over time. This story originally appeared on the NJ.com website.