Daily fantasy sports giant DraftKings has stepped up plans to move into the sports betting vertical with an application for a Casino Service Industry Enterprise Licence in New Jersey.
The application, which has been accepted for filing by the New Jersey Division of Gaming Enforcement (DGE), marks the latest move taken to ensure the operator holds all necessary approvals to roll out a sportsbook in the state.
It has already selected Resorts Casino Hotel as its casino licensing partner in the state in the expectation that it will require a land-based partner to launch in the market.
"The New Jersey DGE has been on the leading edge of creating a smart, consumer-focused sports betting framework in the Garden State," DraftKings chief financial and compliance officer Tim Dent said. "We are working with New Jersey officials toward a public rollout of a DraftKings sports betting product."
Having first announced plans to move into the real-money sports betting market in February this year, DraftKings has accelerated its sports betting strategy since the Supreme Court ruling clearing the way for legal US wagering in May. The company aims to leverage its 10m registered daily fantasy sports customers to become a major player in the real-money betting sector.
It has further strengthened its team working on the launch with the appointment of Karl Gambin as its director of New Jersey gaming operations, based in its new office in Hoboken.
Gambin joins from GVC Holdings, where he served as director of New Jersey operations and compliance, having previously worked as risk and operations manager for bwin.
In his new role with DraftKings, Gambin will lead the operator's compliance, customer and regulatory activities in the state. He joins Sean Hurley, who was hired from Amelco as head of head of sportsbook in February 2018, in the DraftKings sportsbook team.
DraftKings is currently recruiting for around twelve additional positions based in the Hoboken office.