The New York State Gaming Commission has approved Fanatics Sportsbook’s takeover of PointsBet’s NY mobile sports betting license.
Fanatics Takeover of PointsBet's New York Sports Betting License Approved in a deal worth $225 million. As part of the takeover, Fanatics has started the process of transferring PointsBet sports betting licenses to its own brand in states where it does not currently operate. Fanatics Takeover of PointsBet's New York Sports Betting License Approved Fanatics Takeover of PointsBet's New York Sports Betting License ApprovedWe look forward to working with the staff of the New York State Gaming Commission to bring the Fanatics Sportsbook to the largest sports wagering state in the U.S.”
Earlier in August of this year, the New York Gaming Commission had promised “increased scrutiny” in its suitability review of Fanatics following the PointsBet takeover.
Fanatics Takeover of PointsBet's New York Sports Betting License ApprovedFanatics was previously denied a New York sports betting license but has since launched across 11 states prior to the NFL season opener on September 7th.
Fanatics Takeover of PointsBet's New York Sports Betting License Approved
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.