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New York State Gambling Regulators Approve Nine Mobile Sports Betting Operators -- 2nd Update
New York State Gambling Regulators Approve Nine Mobile Sports Betting Operators -- 2nd Update
By Katherine Sayre
New York state gambling regulators approved online sports-betting licenses Monday for nine operators including FanDuel Group, DraftKings Inc. and BetMGM to operate in the new market.
The companies' sports-betting revenue would be taxed at 51%, one of the highest among states where sports wagering is legal, said regulators. Still, New York's huge population represents a potentially lucrative mobile betting market for gambling companies. New York has estimated that mobile gambling will eventually generate about $482 million in annual tax revenue from a $1 billion sports wagering market.
The New York State Gaming Commission voted to approve two groups of betting operators for 10-year licenses on Monday. In one group, FanDuel organized with DraftKings; the online division of Bally's Corp.; and BetMGM, a partnership of MGM Resorts International and Entain PLC.
The other group includes Rush Street Interactive Inc.; Caesars Entertainment Inc.; the online division of Wynn Resorts Ltd.; PointsBet New York LLC; and Empire Resorts Inc. doing business as Resorts World. The group also includes Kambi Group PLC providing some betting technology.
This means that New Yorkers will be able to make bets on their mobile phones, after the state had previously limited sports betting to wagers made in person at casinos.
New York is "vital to ensuring nationwide leadership in sports betting and iGaming over time," said BetMGM Chief Executive Adam Greenblatt in a statement.
Among the companies rejected by New York state were Fanatics Inc., the sports-merchandise retailer looking to move into sports gambling, and Penn National Gaming Inc., which operates the Barstool Sports app.
The prospect of operators turning over more than half of their profits after paying out winning bets may make the financial calculus for operating in New York more challenging than it is in other states with lower tax rates, gambling executives say.
In New Jersey, one of the biggest sports-betting markets, about 90% of wagers were placed online rather than inside a casino, this year through September, according to the state's Division of Gaming Enforcement. There, online sports wagering revenues are taxed at 14.25%.
Thirty-two states and the District of Columbia have legalized sports betting, though not every state has embraced online gambling. Mobile wagering is operational in at least 18 states and D.C.
Write to Katherine Sayre at katherine.sayre@wsj.com
By Katherine Sayre
凯瑟琳·塞尔(Katherine Sayre)著
New York state gambling regulators approved online sports-betting licenses Monday for nine operators including FanDuel Group, DraftKings Inc. and BetMGM to operate in the new market.
纽约州博彩业监管机构周一批准了FanDuel Group、DraftKings Inc.和BetMGM等九家运营商在新市场运营的在线体育博彩牌照。
The companies' sports-betting revenue would be taxed at 51%, one of the highest among states where sports wagering is legal, said regulators. Still, New York's huge population represents a potentially lucrative mobile betting market for gambling companies. New York has estimated that mobile gambling will eventually generate about $482 million in annual tax revenue from a $1 billion sports wagering market.
监管机构说,这些公司的体育博彩收入将被征收51%的税,这是体育博彩合法的州中税率最高的州之一。尽管如此,对于博彩公司来说,纽约庞大的人口代表着一个潜在的有利可图的移动博彩市场。纽约估计,移动博彩最终将从10亿美元的体育博彩市场获得约4.82亿美元的年度税收。
The New York State Gaming Commission voted to approve two groups of betting operators for 10-year licenses on Monday. In one group, FanDuel organized with DraftKings; the online division of Bally's Corp.; and BetMGM, a partnership of MGM Resorts International and Entain PLC.
周一,纽约州博彩委员会(New York State Gaming Commission)投票批准两组博彩运营商获得为期10年的牌照。在一个小组中,FanDuel与DraftKings、Bally‘s Corp.的在线部门以及米高梅度假村国际(MGM Resorts International)和Entain PLC的合作伙伴BetMGM组织了合作。
The other group includes Rush Street Interactive Inc.; Caesars Entertainment Inc.; the online division of Wynn Resorts Ltd.; PointsBet New York LLC; and Empire Resorts Inc. doing business as Resorts World. The group also includes Kambi Group PLC providing some betting technology.
另一家集团包括Rush Street Interactive Inc.、凯撒娱乐公司(Caesars Entertainment Inc.)、永利度假村有限公司(Wynn Resorts Ltd.)的在线部门、PointsBet New York LLC和帝国度假村(Empire Resorts Inc.),后者以度假村世界(Resorts World)的身份开展业务。该集团还包括坎比集团(Kambi Group PLC),提供一些博彩技术。
This means that New Yorkers will be able to make bets on their mobile phones, after the state had previously limited sports betting to wagers made in person at casinos.
这意味着纽约人将可以在手机上下注,此前该州曾将体育博彩限制在赌场亲自下注。
New York is "vital to ensuring nationwide leadership in sports betting and iGaming over time," said BetMGM Chief Executive Adam Greenblatt in a statement.
BetMGM首席执行官亚当·格林布拉特(Adam Greenblatt)在一份声明中表示,随着时间的推移,纽约对于确保体育博彩和iGaming在全国范围内的领先地位至关重要。
Among the companies rejected by New York state were Fanatics Inc., the sports-merchandise retailer looking to move into sports gambling, and Penn National Gaming Inc., which operates the Barstool Sports app.
被纽约州拒绝的公司包括寻求进军体育博彩业的体育商品零售商Fanatics Inc.和运营Barstool Sports应用程序的Penn National Gaming Inc.。
The prospect of operators turning over more than half of their profits after paying out winning bets may make the financial calculus for operating in New York more challenging than it is in other states with lower tax rates, gambling executives say.
博彩业高管表示,运营商在支付获胜赌注后上缴一半以上利润的前景,可能会使在纽约运营的财务考量比其他税率较低的州更具挑战性。
In New Jersey, one of the biggest sports-betting markets, about 90% of wagers were placed online rather than inside a casino, this year through September, according to the state's Division of Gaming Enforcement. There, online sports wagering revenues are taxed at 14.25%.
新泽西州是全球最大的体育博彩市场之一,据该州博彩执法部门统计,截至今年9月,该州约90%的赌注都是在网上下注,而不是在赌场内下注。在那里,在线体育博彩收入的税率为14.25%。
Thirty-two states and the District of Columbia have legalized sports betting, though not every state has embraced online gambling. Mobile wagering is operational in at least 18 states and D.C.
32个州和哥伦比亚特区已经将体育博彩合法化,尽管并不是每个州都接受了在线博彩。移动博彩至少在18个州和华盛顿特区运营。
Write to Katherine Sayre at katherine.sayre@wsj.com
写信给凯瑟琳·塞尔,电子邮件:katherine.sayre@wsj.com
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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