The New York State Gaming Commission on Monday issued temporary permits to five fantasy sports operators, including industry giants DraftKings and FanDuel. Governor Cuomo signed legislation to legalize Fantasy Sports Betting earlier this month. This is great for New York Football and Basketball fans.
Yahoo, Fantasy Draft and Draft also received temporary permits Monday. The companies were allowed to begin offering paid contests immediately. This is the 1st step toward sports betting. It will not be the last.
Glenn Straub. owner of the Revel Casino, now claims the property will have a soft Oct. 1 opening and be fully functioning by the end of December. The site is awaiting zoning and inspection by Atlantic City's L&I Department. There appears to be uncertainty about this. Stay tuned for updates.
Governor Christie stated he is in favor of gaming expansion outside of Atlantic City. If this happens, casinos will be in North Jersey. This will not only affect AC but will hit some of the Pennsylvania Casinos as well. Mount Airy and Sands come to mind. The proximity to the New Jersey border and the New York crowd are the respective reasons for both of these operators.
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