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encore casino las vegas nevadaThe company is reportedly trying to raise between 0 million and 0 million to beef up its sports betting operations.DraftKings’ goal is to be fully licensed and operational in time for the kickoff of the NFL season in September.Investors have been told that the daily fantasy sports (DFS) side of the operation will continue to generate the bulk of revenuAnd the company appears to be going all out as it jumps into the sports betting business.Funding DriveLaunching such a major new initiative isn’t cheap, and according to one report, the DFS operator is attempting to load up on capital to make sure this ltwin river casino covid 19 testingatest venture is done right.Earlier this week, business news site Axios detailed a recent meeting between DraftKings and its investors. The Casino Service Industry Enterprise License is one of the requirements needed to offer sports betting in the state, and the New Jersey Division of Gaming and Entertainment (DGE) says it now has that DraftKings application in hand.It’s the latest in months of maneuvering by the company to take advantage of the new sports betting landscape in the US. But more of the state’s racetracks and casinos are expected to follow suit over the summer.That includes DraftKings, assuming that the license application is quickly approved by state regulators. After telegraphing its intentions to enter the market once it was legalized, DraftKings then struck a deal with Resorts Atlantic City in early June to offer sports betting games under that casino’s land-based license.With this latest license application, the company’s effort to be a major player in the sports betting scene in New Jersey just went from “possible” to “pending.”Ready to RollLast month, the US Suprtwin river casino covid 19 testingeme Court (SCOTUS) struck down a federal law that banned wagering on sports in all but four US states. The Casino Service Industry Enterprise License is one of the requirements needed to offer sports betting in the state, and the New Jersey Division of Gaming and Entertainment (DGE) says it now has that DraftKings application in hand.It’s the latest in months of maneuvering by the company to take advantage of the new sports betting landscape in the US. free slot machines australia

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