Resorts Casino becomes the first venue to launch daily fantasy sports gaming contests.
Daily fantasy sports is a gaming option that has been under the microscope for the past few years. DFS gaming was first considered an illegal activity back in 2015 late in the year by New York State and other states soon followed suit. Top operators such as FanDuel and DraftKings quickly began to have to withdraw their services from particular states due to attorney generals ruling the activity illegal. However, by 2016 and into this year, states began to pass legislation that would see daily fantasy sports become a legalized and regulated activity. New Jersey is one such state that has legalized the activity and now one gaming venue has decided to launch the gaming contests.
Resorts Goes Live with DFS
Resorts Casino Hotel launched daily fantasy sports contests today via FastPick. Customers will be able to choose player matchups of athletes in the real world. The best pick wins the bet, having outperformed their counterpart in the head to head matchup. An example of such wagering would be choosing a quarterback for two NFL teams. You want to choose the best quarterback in the head-to-head matchup and hope that player performs well on Sunday so that you win the wager.
Speaking with the Associated Press, President of Resorts, Mark Giannantonio commented that he is very excited about the new business. The casino expects the DFS contests to be exciting for online customers and soon for those who take part while visiting the casino. The idea was for the land based casino to be integrated with the online business side as much as possible.
Expansion of DFS
With the new option, the move is a marked occasion as it is an expansion of daily fantasy sports within the casino market of New Jersey. The activity is very popular across the United States as well as abroad but it has been slow to become popular within the casino gaming venues.
With daily fantasy sports contests, bettors can deposit money into an account and create a fantasy roster of sports teams by choosing real athletes. Participants will then compete against other contestants and will win based on statistical performances of the players to hopefully win cash. Proponents of DFS feel the activity is one of skill and want to see the industry regulated but not the same way as casino gaming is.
With the new game provided by Resorts, players will be able to choose three to ten players within a series of head-to-head matchups in various sports genres. The selected players create a lineup for the participant and other players in the matchups will be assigned to the casino. If the lineup of the customer is able to earn more points than the player for the casino, the customer wins. All matchups have to be won by the consumer for a prize to be earned.
To begin, Resorts will offer their gaming option online. However, the casino does have plans to install kiosks on the gaming floor, hopefully before football season begins. Once these machines are up, visitors to the casino will be able to take part in DFS gaming while one site. It will be interesting to see if players prefer online to kiosk gaming or if both are equally as successful in bringing in new revenues to the state as well as Resorts. My bet is that online options will be much more successful, but just how much is anyone’s guess!