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FANDUEL SNAGS PENNSYLVANIA APPROVAL FOR SPORTS BETTING BY BRIAN PEMPUS

Emergent online sports betting leader FanDuel cleared a major hurdle in Pennsylvania on Wednesday.

During its regularly scheduled meeting in Harrisburg, the Pennsylvania Gaming Control Board gave FanDuel’s parent company, Betfair Interactive US LLC, what the state calls a Conditional Sports Wagering Operator License. It gives FanDuel a green light to begin preparing to open its business.

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FanDuel is partnered with Boyd Gaming’s Valley Forge Casino Resort in King of Prussia, Pennsylvania. The partnership is for both online sports betting and the brick-and-mortar book. The casino is located less than 20 miles from downtown Philadelphia. The Philly area is home to four retail sportsbooks already.

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