NYGC selects nine mobile betting licenses

Marta Dimitrov | Published 9 Nov 2021, 11:32 a.m.

Sports betting isn’t legal everywhere in the US, but in some states, several things occur related to the subject. As we lastly have informed, there were some approvals for betting on fantasy sports in Louisiana.

This time things around sports betting news are happening in New York. The New York Gaming Commission selected nine mobile betting licenses, where two winning bids were announced.

The recommended names are FanDuel-led consortium comprising DraftKings, BetMGM and Bally Bet and Kambi’s proposals, Caesars Sportsbook, PointsBet, Resorts World, Rush Street Interactive and Wynn Bet. There were additional proposals by Kambi, but they didn’t get any licenses.

The tender process started in July 2021 and it is facilitated by the state’s FY2022 budget.

Many excitement expressed by the sports betting operators

PointsBet’chief executive Johnny Aitken said the news is an exciting moment for PointsBet. He said the access to the New York state market, which is one of the largest and most important in the US, is a huge milestone for the company, the brand and their technology. He continued:

“We eagerly await the official opportunity to leverage our exclusive sports betting partnership with NBC Sports and introduce the nation’s premier sports betting product to the countless passionate, sports-loving New Yorkers.”

Caesars stated to be pleased to have been recommended for a license by the New York State Gaming Commission, and they thanked NYSGC representatives for the opportunities in making mobile sports wagering available to the Empire State.

Meanwhile, WynnBet said they look forward to giving customers more ways to use Wynn Rewards. The Wynn Interactive chief executive Craig Billings commented they also look forward to meeting and engaging new customers in the state.

Soo Kim from Bally’s Corporation said New York is the most popular state which enables online wagering, and he continued the license is advancing their market footprint. They take it as the latest milestone in becoming the leading omnichannel game provider in the US.

Operators to compete with the neighbouring states

Senator Joseph Addabbo explained after the selection of the operators, the focus is on ensuring they could compete with neighbouring states. He stated:

“I am confident that with the announced, credible winning bids, we have the potential of eclipsing other states in mobile sports betting handle, raise significant revenues and funding for education and youth sports, while effectively addressing the problem gaming issue.” 

“Of utmost importance remains the timeframe for the servers that validate the mobile bets to be up and running, ready to take New York’s first mobile sports bets in January and in time for the 2022 Super Bowl.”

Multiple operators including DraftKings thanked Senator Addabbo. DraftKings chief executive Jason Robins also thanked the Gaming Commission for selecting his business.

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Sports BettingUS Gambling

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