Empire Resorts, Inc., now an affiliate of bet365 Group Limited (bet365) and Resorts World Catskills today revealed a “strategic alliance” to join the rapidly expanding sports wagering business space in the U.S. by creating a physical and online sportsbook in New York State.
Sports wagering is not now legal in New York, however, rules and accompanying regulations are expected to come under close examination by New York State lawmakers in 2019, Democratic State Assemblyman J. Gary Pretlow (89th District) told Sports Handle in an interview last week. Pretlow is the state lawmaker sponsoring enabling legislation that would legalize full-fledged sports betting in the state.
Resorts World Catskills in Kiamesha Lake, on the site of the former Concord Hotel, a “Borscht Belt” landmark, is New York’s newest and largest integrated commercial casino resort destination with closest proximity to Manhattan. Empire, as a bet365 affiliate company, is part of the world’s largest online sports bookmaker. The parties said in a media release that their deal 20-year agreement would become effective when permitted by applicable law.