PointsBet to enter NJ igaming market with Twin River
Online sports betting operator PointsBet is to enter into the New Jersey igaming market after securing a ‘primary skin’ agreement with Twin River Worldwide Holdings.
Under the market access deal, PointsBet will launch an online gambling and casino platform, with an agreement to pay Twin River a portion of net gaming revenues derived from its igaming operations in New Jersey.
This will complement the Australian operator’s sportsbook product, which is live in the state through its partnership with Monmouth Park racetrack.
The launch is contingent upon Twin River completing its acquisition of Bally’s Atlantic City Hotel & Casino, as well as PointsBet securing the relevant licenses and regulatory approvals for its mobile app and website platforms.