New York has made a major move with authorizing the regulation of Daily Fantasy Sports. New York has 13% of the market of Fantasy Sports Players. This is great news for FanDuel and DraftKings. There was talk of these two merging. They may not have to if other states decide to follow New York.
The news was not as good for New Jersey and the quest for sports betting. The 3rd Circuit Court decided in a vote of 10-2 that the federal ban should be upheld. The next move is taking the challenge to the United States Supreme Court. There is no timetable or guarantee that the top judicial body would hear the case. An act of Congress may be a viable alternative. The American Gaming Association is in favor of having the sports betting ban repealed. Fantasy is clearing the way.
MGM is in Atlantic City doing auditions for dealers. They are mandated to hire a large percentage of their staff from the residents in the DC area where the casino is located. They have a sizable labor pool to choose from. Atlantic City is a great place to start.
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42 days until #G2E2016
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