Fanatics receives approval for Pointsbet US takeover

Finance News

The New York State Gaming Commission announced during its Tuesday meeting that it has approved Fanatics Betting and Gaming to officially take over the PointsBet-branded online sportsbook, allowing Fanatics to finally join the NY sports betting scene.

“Today, the New York State Gaming Commission approved Fanatics Betting and Gaming’s acquisition of PointsBet New York LLC,” Fanatics said in a statement.

“We would like to thank the commissioners and staff of the New York State Gaming Commission for their time and effort in delivering us some great news today. We look forward to working with the staff of the New York State Gaming Commission to bring the Fanatics Sportsbook to the largest sports wagering state in the U.S.”

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