Three Huge Sportsbooks Team With Yankees, Bills & Others On NY Sports Betting Bid

Written By Mike Mazzeo on August 9, 2021

Call it a superbid.

A quintet of FanDuel, DraftKings, BetMGM, Ballys and Seneca Nation have come together to submit a New York online sports betting bid. The first three of those five are the biggest operators in the country currently.

The New York Yankees, Buffalo Bills, Buffalo Sabres, NYCFC and YES Network are supporting the bid, sources confirmed to PlayNY. The news was first reported by The Athletic.

“We’ve been talking about this for a while,” one source familiar with the bid said. “The groups have changed over the months.”

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

Other bids come out from NY

The New York State Gaming Commission released the groups that entered bids to the state later on Monday. You can see it here.

Here are the other companies seeking to serve the state, per this document:

  • Kambi, working with Penn National Gaming (which owns Barstool Sportsbook and is acquiring theScore) and Fanatics. Interestingly, Fanatics recently hired former FanDuel CEO Matt King.
  • Kambi (a second bid), working with Caesars Sportsbook, PointsBet, Resorts World, BetRivers and WynnBet.
  • TheScore (Penn National announced the acquisition just last week)
  • Bet365
  • FoxBet

The big bid from FanDuel and others

Based on sheer size alone, the group projects to be a heavy favorite to be named a winning big in the process for naming NY betting operators.

FanDuel, DraftKings and BetMGM are the first-, second- and third-biggest US sportsbook operators across the US.

Photo by Adam Hunger / The Associated Press
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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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