NICHOLS, N.Y. — Tioga Downs is getting ready for the legalization of sports betting in New York state.
The race track and casino has reached an agreement with Betfair US, a subsidiary of one of the world’s largest publicly traded sports betting companies, according to a news release.
Under the agreement, Betfair US will supply sports bettor products to customers at the facility, after legal and regulatory matters are settled.
(Sponsored)
Cybersecurity in Today’s Remote Work Environment
The response to the COVID-19 pandemic demonstrated that remote work was viable for many companies. Today, remote and hybrid work models have become standard options for most professionals. While remote
House of Representatives Passes $78 Billion Tax Package
On January 31, the House of Representatives overwhelmingly passed the Tax Relief for American Families and Workers Act of 2024, a tax package worth $78 billion. The bill was approved
The agreement also covers Meadowlands Racetrack in New Jersey. Jeff Gural is chairman of both Meadowlands and Tioga Downs.
“Sports betting is a great opportunity for Meadowlands and Tioga Downs,” Gural said.
Paddy Power Betfair, with operations around the world, has 5 million active customers and processed more than $15 billion in sports bets last year, according to the release. The company expects to combine with fantasy sports site FanDuel later this year.
A U.S. Supreme Court ruling handed down last month cleared the way for states to legalize sports betting.
Contact McChesney at cmcchesney@cnybj.com
BJNN file photo provided by Tioga Downs
