casino service industry enterprise license draftkings

He was -13 after nine holes, three strokes ahead of Tiger Woods and others, who were tied for second place. I could cash out on Molinari, before the tournament ended. I logged on to FanDuel, where I'd placed my bet, and discovered the app was making me an offer. So far, New Jersey is the only state where FanDuel and DraftKings are up and running, although laws allowing mobile sports betting have been passed in seven other states.įortunately, there was a way I could root for Tiger and exit my Molinari bet early. To put that in perspective, New Jersey's entire population is less than 9 million.Īny state can legalize sports betting after a landmark Supreme Court ruling last year. The two companies, competing against about a dozen rivals, have 83% market share in New Jersey. Since New Jersey legalized sports betting last year, gamblers have placed more than 34 million bets on the DraftKings and FanDuel platforms.

I live in New Jersey, so I'd been able to place the bet right from my mobile phone. Personal Loans for 670 Credit Score or Lower

Personal Loans for 580 Credit Score or Lower The company plans to leverage its state-of-the-art technology, prominent sports entertainment brand and more than 10 million registered customers.Best Debt Consolidation Loans for Bad Credit “We are working with New Jersey officials toward a public rollout of a DraftKings sports betting product.”ĭraftKings recently announced it selected Resorts Casino Hotel as its New Jersey casino licensing partner, satisfying an expected regulatory requirement for the company to offer an online sports betting product in the state.

“The New Jersey DGE has been on the leading edge of creating a smart, consumer-focused sports betting framework in the Garden State,” said Tim Dent, chief compliance officer and chief financial officer at DraftKings. Its application for a Casino Service Industry Enterprise License has been accepted for filing by the New Jersey Division of Gaming Enforcement (DGE), marking a key step towards licensure. recently announced that the company has officially applied for a state license to offer sports betting in New Jersey.

Casino service industry enterprise license draftkings