Tilman Fertitta's Golden Nugget Casino Close To Taking NBA Wagers
A New Jersey bill that "would allow Golden Nugget Atlantic City to finally accept legal sports wagers on professional basketball games passed the state Legislature," according to David Danzis of the PRESS OF ATLANTIC CITY. The Golden Nugget has been "prohibited from accepting bets on NBA games since the launch of legal sports betting in New Jersey last year" because the casino's owner, Tilman Fertitta, also owns the Rockets. The bill "permits team owners to accept wagers on league games that do not involve their teams, meaning Golden Nugget still cannot take action on any matchup that includes the Rockets." The legislation now heads to New Jersey Gov. Phil Murphy. The Golden Nugget and its online sports betting partner "reported $539,503 in revenue through July." Among casinos in the state, only Harrah’s Resort Atlantic City, which "does not have its own online or mobile sports betting partner, has reported less revenue ($319,414) this year" (PRESS OF ATLANTIC CITY, 8/27). In Newark, Brent Johnson notes this is the second time the provision has been "narrowed to benefit" the Golden Nugget. The state’s first version of its sports betting law "originally would have banned" the Golden Nugget from "offering wagering on any sport." However, the casino "lobbied to strike that rule" (Newark STAR-LEDGER, 8/27).