American sportsbook FanDuel has ‘tentatively’ been given the green light to open a new site in downtown Las Vegas after a seven-year absence from operating in Nevada.
FanDuel will team up with Boyd Gaming to deliver ‘betting odds and make recommendations on any wagering line movements’ to those working at the planned Fremont location.
The Gaming Control Board’s approval brings the decision within the ‘Red Zone’, although a final decision won’t be reached until the Nevada Gaming Commission discusses the matter on August 25.
Daily fantasy sports companies FanDuel and DraftKings were each banned from working in Nevada in October 2015, when it was alleged they ‘don’t count’ as online gambling sites.
But Wednesday’s announcement all but brings an end to that absence, which would make Nevada the 16th U.S. state in which FanDuel is open for business.
Boyd Gaming CEO Keith Smith referred to FanDuel as “a great partner” and praised: “This project will help us capture a larger portion of pedestrian traffic throughout the Fremont Street Experience.”
