Following Boyd Gaming’s announcement Thursday that it agreed to sell its 5 percent ownership stake in FanDuel for almost $1.76 billion, experts believe it’s now even more unlikely that one of the nation’s leading sports betting providers will set up shop in Nevada anytime soon.
FanDuel and DraftKings account for a combined 71 percent of all sports wagers in the U.S., according to data from Casino Reports. But those bets were all placed outside of the Silver State.
The companies haven’t entered Nevada because of regulations that require a customer to register in-person at a casino for a mobile sports betting account. With Boyd and FanDuel parting ways, neither of the mobile sports betting giants has a casino partner.
