Brooklyn Nets Support NY Sports Betting Bid By Fanatics, Penn National

Written By Mike Mazzeo on August 10, 2021
brooklyn nets NY sports betting bid

The Brooklyn Nets are supporting the New York mobile sports betting bid by Fanatics and Penn National Gaming, sources tell PlayNY.

Nets co-owner Clara Wu Tsai, wife of Joe Tsai, is close with Fanatics executive chairman Michael Rubin. Wu Tsai, Rubin and New England Patriots owner Robert Kraft joined forces on the Reform Alliance, a fight for criminal justice reform.

Fanatics, which was valued at $18 billion Tuesday, is expanding its reach into the sports betting space.

The New York Yankees, Buffalo Bills, Buffalo Sabres and NYCFC aligned themselves with a superbid from massive sports betting operators DraftKings, FanDuel and BetMGM, among others.

New York legalized online betting earlier this year and received bids to operate under that law with a deadline of Monday.

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Mike Mazzeo

Mike Mazzeo is the Lead Writer for PlayNY, arriving after covering several of New York's professional sports teams in a variety of roles for the past decade. Previously, he served as a beat writer and columnist covering the Brooklyn Nets (ESPN) and New York Yankees (New York Daily News). Mike also covered both the MLB and NBA nationally for Yahoo Sports. In addition, he served as a general assignment reporter for ESPN NewYork.com. He has also had bylines in the New York Times, New York Post, Newsday, Forbes and The Ringer. With PlayNY, Mike brings extensive coverage and unique story angles to what is projected to be one of the biggest and most lucrative online sports betting markets in the country. It's been an arduous and confounding process to get here, but 20 million New Yorkers (many of them die-hards) are now legally able to bet on their favorite sports teams across the state via online and mobile platforms.

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