Paddy Power Betfair PLC's U.S. unit said June 7 that it signed a long-term agreement with New Meadowlands Racetrack LLC in New Jersey and Tioga Downs LLC in New York to offer online, mobile and retail sports betting.
Betfair U.S. will provide sports betting products to customers in both states, pending legislative and regulatory approval.
The Meadowlands Racetrack facility in New Jersey features amenities for racing and sports betting customers. Meanwhile, Tioga Downs recently opened a commercial facility in New York that has a casino floor with slots, table games and horse racing.
The collaboration comes more than two weeks after Paddy Power entered into a merger agreement with fantasy sports company FanDuel Inc.
