Jay-Z loses NY sports betting bid as David Portnoy faces sex claims

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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.

Barstool Sports’ David Portnoy was accused of undesirable overly tough and violent sex which he has denied.
Robert Miller

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.