The state gaming fee is meeting Monday to pick out two teams to supply cell or on-line sports betting in New York — however the staff that features rapper-mogul Jay-Z, Fanatics and Barstool’s Sportsbook won’t be certainly one of them, The Post has realized.
The elimination of the Jay-Z group comes days after a number of ladies reportedly accused Barstool founder David Portnoy of undesirable overly tough and violent sex. Portnoy has denied the allegations.
A gaming supply stated Monday the Jay-Z, Barstool group was not chosen for a license. It ranked fourth behind one other group, Bet 365, the insider stated.
As The Post first reported final week, the gaming fee is recommending two teams to launch on-line sports betting: the consortium of Bally Bet, BetMGM, DraftKings and FanDue; as properly as the group of Caesars, Wynn Interactive, Empire Resorts, FactorsBet and Rush Street Interactive, sources stated.
Online sports betting is prone to be up-and-running in New York earlier than kickoff for this year’s Super Bowl, supply informed The Post.
Once officers give the inexperienced gentle, New York expects $10 billion in sports betting subsequent year, with the almost $1 billion in anticipated income cut up between the state and the operators.
The firms chosen by New York have agreed to fork over 51 % of their income to the state, based on a supply accustomed to the matter — a cut up that far outpaces the soak up most states the place on-line sports betting is authorized.
To examine, New Jersey on-line sports betting operators share 13 % of their income with the state. Connecticut expenses operators 13.75 %. Thirteen different states vary from Iowa, which expenses 6.75 %, to Pennsylvania, which expenses 34 %.
The solely state with a take just like New York is New Hampshire, which additionally expenses 51 %.
Barstool and the gaming fee had no speedy remark.