Watch CBS News

Regulators To Let Atlantic City Casinos Accept Bets On Fantasy Teams

TRENTON, N.J. (CBSNewYork/AP) -- Regulators have announced the temporary adoption of rules which allow Atlantic City casinos to offer fantasy sports tournaments to their patrons.

The temporary adoption of the new rules will be effective on April 22, the Gaming Enforcement Division said Monday.

Officials said the regulations allow casinos, by themselves or in partnership with fantasy sports providers, to offer fantasy sports tournaments or contests.

Casinos will accept entry fees from gamblers and pay out winnings from the casino cash cages. Patrons must be at least 21 years old.

Gaming Enforcement Division Director David Rebuck called the new rules "an exciting opportunity to bring fantasy sports tournaments to Atlantic City."

"We see this as an added amenity and beneficial to the casinos and their customers," Rebuck said in a statement.

The temporary regulations will remain in effect for 270 days, officials said.

For more information, click here.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.