If you’re interested in gambling sports, you’ll probably be a little surprised to learn that some New York casino owners have taken the first steps toward legalizing the sport. Fanatics, which runs most of the NBA’s branded storefronts, is applying for a gambling sportsbook license. Rubin, who is the co-owner of the 76ers, is one of the biggest voices in the NBA, and is now seeking a license for his sportsbook.
While most casinos have adopted a more traditional approach, several new casinos have started integrating sports wagering into their offerings. New Jersey has become the largest state to legalize sports wagering, with 20 tribal casinos expected to launch sportsbooks by 2021. While most sportsbooks have opted to use traditional sportsbook branding, the introduction of a mobile or online version of an existing gambling site may not be enough to make it a viable business.
In the 1990s, Anders Strom, real name Shawn Carter, and Michael Rubin, owner of Fanatics, created Unibet. The two men initially planned to create a knowledge-sharing platform for aspiring gamblers. Today, the company is one of the largest online gambling companies in the world and has over 25 million customers. Jay-Z is now working with Kambi to establish an online sportsbook in New York.