FanDuel sign sports betting deal in West Virginia
FanDuel has agreed to provide sports betting services to the Greenbrier resort in West Virginia, US.
The agreement marks FanDuel’s first deal in the sports wagering sector, having previously only focused on daily fantasy sports services.
In March, West Virginia legislators passed sports betting into law, with the five casinos in the state able to offer sports wagering.
The licence fee in West Virginia is set at $100,000 (€85,500) and casinos are required to pay the state 10% of sports betting revenue in taxes, according to Legal Sports Report.
In a statement issued to PFT, a FanDuel spokesperson said: “We are honoured to be chosen to provide sports wagering services at the Greenbrier, an iconic resort in the US.
“As we work towards building out a top sports betting product for the upcoming NFL season, we look forward to bringing West Virginia residents, sports fans, and visitors to the Greenbrier the best interactive sports experience on the market.”
West Virginia passed the initial law prior to the Supreme Court’s decision to overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA).
The West Virginia Lottery last week moved to approve emergency regulations to undertake a full sports betting launch by the autumn.
The move also opens the state to potential online and mobile sports wagering in the future.
Related article: Paddy Power Betfair buys FanDuel for US wagering push