In remarks remade at his licensing audition before the Sagebrush State Gaming Control Board (NGCB) on Wednesday, FanDuel CFO David Jennings didn’t reveal often nearly his employer’s possible plans inwards the state.

Jennings, who has been with the online sportsbook manipulator since 2022, was approved for licensing by the NGCB. At the hearing, he was queried past Commissioner George VI Assad on the opening the company will before long get into Nevada. The answer wasn’t encouraging.

Nothing that we’ve announced at this time,” Jennings said.

Jennings is based come out of New York, which is rest home to FanDuel’s US headquarters. His favourable reception for licensing inwards NV now moves on to the Battle Born State Gaming Commission (NGC). FanDuel is 95% owned by Ireland-based Flutter Entertainment (NYSE: FLUT) with the remaining 5% held by Las Vegas-based Boyd Gaming (NYSE: BYD).

For DraftKings, FanDuel, Nevada Road Continues Winding

Currently, Flutter/FanDuel has scant Nevada exposure. The operator provides odds and FanDuel branding for the Boyd-operated downtown John Charles Fremont Hotel Casino sportsbook but it doesn’t make bets anyplace in the state.

For FanDuel and archrival DraftKings (NASDAQ: DKNG), Sagebrush State footprints are believed to follow highly desired though long unattainable. Both companies gained prominence through and through the man of day-after-day fantasise sports (DFS), an activity taboo in the Silver State. The partner off are also among the deuce largest operators of regulated net casinos. Regulated or illicit, iGaming is another no-no inward Nevada.

Nevada regulations specify that sportsbook operators get direct ties to a land-based gambling casino operating in the state. Via its 2021 acquisition of Golden Nugget Online Gaming (GNOG), DraftKings might take on that demand via the Golden Nugget inwards downtown Las Vegas. That gambling casino is owned by Tilman Fertitta, not DraftKings.

As for FanDuel entering Nevada, some analysts hypothesise that it’s possible, and a potentially easier lift, if Boyd were to settle to allow FanDuel running game and rebrand the Boyd Sports mobile application.

FanDuel Has No Established Silver State Footprint

In the US, FanDuel has offices inwards half a dozen cities, according to its website, but none are inward Nevada, and it’s not crystallize when that position will change.

Conversely, competitor DraftKings late opened a plush new business office inward southwestern United States Las Vegas straight crossways the street from the Durango casino. Currently, on that point are quintet undecided roles inward that office.

Last month, DraftKings was named single of the to the highest degree entrepreneurial companies inward Las Vegas past BuiltIn. Owing to gaming beingness the largest common soldier sphere employer inward Nevada, 11 companies from that industry, including DraftKings, made the list. DraftKings is the only ace of those 11 that doesn’t telephone call Sin City its domesticated home.

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