Strategy

The Stars Group partners with NY tribe for online betting and gaming access

Operator will also help run a retail sportsbook at Akwesasne Mohawk Casino Resort from this NFL season

The Stars Group has secured a New York market-access partner for the potential roll-out of online betting and gaming in the state.

The operator today announced an agreement with the Akwesasne Mohawk Casino Resort for betting and gaming market access, as well as the provision of certain retail sports betting operations in the State of New York.

Under the agreement Stars Group secures first-skin access to launch online sports betting, poker and casino, when the state legalises the activities.

The firm will also provide support services for the launch and operation of a retail sportsbook at the Akwesasne Mohawk Casino Resort in Northern New York.

The sportsbook is expected to be ready during the upcoming NFL season.

“We are excited to announce this agreement with Mohawk, which further strengthens our market access as we work to build our FOX Bet business into one of the leaders in the emerging US online betting and gaming market,” said Robin Chhabra, CEO of FOX Bet.

Under the terms of the deal, Stars will receive a revenue share from the retail sportsbook and Mohawk will receive a revenue share from the online offerings.

Todd Papineau, general manager of the Akwesasne Mohawk Casino Resort, added: “With its online betting and gaming solutions and FOX Bet and PokerStars brands, we believe The Stars Group is the ideal partner for us and it is positioned to become a leader in the US online betting and gaming industry.

“We are delighted to work with The Stars Group, one of the world’s largest, most licensed online gaming companies, to leverage the opportunity presented by online betting and gaming in the State of New York.”

Akwesasne Mohawk Casino Resort

Akwesasne Mohawk Casino Resort

Retail sports betting has been approved in New York, with operators currently going through the licensing process, but a bid to allow betting online failed to pass before the end of the 2019 legislative session.

This deal however suggests operators are confident of movement in the 2020 session.

Betting | Fox Bet | Mobile betting | New York | Online Gaming | Strategy | The Stars Group

Latest