Regulatory delay holds up ESPN Bet launch in New York

The sportsbook was supposed to launch in late August, but it has put off entering New York's lucrative online sports betting market until it receives the required approvals. The reason for this delay is that PENN recently acquired a business associated with Wynn Resorts that possesses a New York sports betting license. Without this approval, PENN cannot proceed with its plans.

 

[Qwert135]

These things are pretty much common in the industry and regulations must always be considered very carefully by the platforms so that they are able to get the best growth and launch when they want it actually indeed .