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Resorts Pads NJ Sports Betting Portfolio By Adding SBTech As Partner > Resorts Pads NJ Sports Betting Portfolio By Adding SBTech As Partner With sports betting picking up steam in New Jersey, Resorts Atlantic City continues to add heavy hitters to its lineup. A month after landing a sportsbook partnership with daily fantasy sports giant DraftKings, Resorts inked a similar deal with SBTech, which announced the agreement Monday. According to a press release announcing the deal, SBTech was brought on to provide Resorts with a “sportsbook solution across on-property, online and mobile channels” in New Jersey. Additionally, SBTech emphasized that it would allow Resorts to install a “bespoke risk management strategy,” which would make it possible for the casino to properly manage its liabilities on wagering outside of wider risk management strategies across multiple states and platforms as sports betting becomes more prevalent across the country. Richard Carter, CEO of SBTech, said as much: “Our strategic partnership with Resorts represents the next stage of our long-planned penetration of the US market. SBTech’s renowned commitment to delivering leading-edge solutions across all channels and intelligent responsible gaming infrastructure will help us develop a sports betting offering that will benefit our partners and promote best practice and the strongest levels of consumer protection.” Resorts selected SBTech because of the company’s “proprietary market-leading sportsbook,” according to the release, as well as its “proven track record of rapid deployment in newly regulated markets.” “After conducting a comprehensive selection process to find the right sports betting supplier,” Mark Giannantonio, Resorts President and CEO, said in the release, “we feel that SBTech offers the right combination of deep regulatory expertise in the world’s most dynamic and demanding markets and the scalability to support our ambitious multi-vertical plans.” Resorts Casino is in an interesting position for NJ sports betting . Consider that this partnership with SBTech comes a month after Resorts teamed up with DraftKings for its sportsbook. SBTech, meanwhile, has displayed its intentions of becoming a major player in the US sports betting world. Along with this Resorts deal, SBTech also has a similar partnership with Churchill Downs Inc., in which the company will provide Churchill’s online sports betting platform via the Golden Nugget NJ online gambling license.
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