Relationships Between Sports and Casinos
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For now, Featherstonhaugh said they are focusing on their New York City efforts rather than buying other properties.
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But it¡¯s not just the old fuddy duddies of the world who are keeping online casino legalization on the sideline; there are other issues.
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The other side: Many customers place bets months in advance, and those wagers would be difficult to manage for temporarily authorized sportsbooks that are denied a permanent license, says Justin Smith, legal counsel for Bally's Interactive.
It recently purchased a casino in Natchez, Miss., and owns gambling centers in Colorado.