Eight PointsBet states have been turned over today to Fanatics Betting and Gaming, the first assets to change hands between the two companies after Fanatics agreed to purchase all PointsBet U.S. assets for $225 million earlier in the summer.

The two companies announced today that Colorado, Iowa, Kansas, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia had officially been turned over to Betting and Gaming.

According to the acquisition details provided from the in June, PointsBet was required to begin turning over its U.S. assets to Fanatics by Sept. 1 at a clip of three states per month.

“We are excited about what we are building at Fanatics Betting and Gaming and this acquisition accelerates our plans,” said Matt King, CEO of Fanatics Betting…

Unless a miracle occurs, iGaming hopes for 2024 are likely dead.

The New York Senate released its one-house budget proposal late Monday evening and did not include iGaming language in its legislation. Sen. Joseph P. Addabbo Jr. (D-15) introduced iGaming legislation earlier this year and told Sports Betting Dime it would not move forward unless included in the budget.

However, the proposed budget did include language to allow for sports betting on league awards and earmarks 1% of online sports betting revenue for problem gambling addiction services.

A vote on the Senate s budget proposal will take place this Thursday.

No iGaming Yet Again

While this likely ends hope for legalized iGaming in the state for 2024, Addabbo Jr. did tell Sports Betting Dime he…