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New York picks 9 vendors for lucrative mobile sports betting

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New York picks 9 vendors for lucrative mobile sports betting

NEW YORK (AP) - New York’s gaming commission has picked 9 operators to offer mobile sports betting, opening up what is anticipated to be a highly lucrative market.

The operators include DraftKings, FanDuel Sportsbook, BallyBet, BetMGM, Rush Street Interactive, Caesars Sportsbook, Wynn Interactive, Resorts World and PointsBet.

State officials estimated that allowing online betting could bring in up to $500 million in tax revenue annually.

The eagerness for being able to operate in New York has been high, given the size of the state population, income levels and the number of sports teams.

(Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)

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