Fantasy sports betting now legal at Atlantic City casinos
Casinos in Atlantic City are now licensed to run fantasy sports competitions but will wait until football season to launch them, according to The Press of Atlantic City.
"We are currently in the process of getting our plan together," said the general manager of the Golden Nugget Atlantic City, Tom Pohlman to The Press of Atlantic City.
Reads the article:
Beginning Monday, the state Division of Gaming Enforcement will allow casinos to operate fantasy sports tournaments and pay winnings through the casino cage similar to how they treat slow machine and table game winnings.
Casinos will wait until football season due to the hype that the preseason brings and they can make a big debut in the market. However, no casino has filed the paperwork to the gaming enforcement division as of Friday, according to the article.
"We don't have any previous experience in fantasy sports, so we are still learning about this opportunity and have yet to make any definitive decisions," Caesars spokesman Seth Palansky said in a statement.