Resorts World Bet is exiting the New York sports betting market after failing to take a meaningful bite out of the Big Apple.
RWB, which launched March 2022 as one of the nine original brands to enter the NY market, notified customers of its exit Monday.
will officially shut down its sportsbook on June 30
Genting-owned RWB took to X to announce it will officially shut down its sportsbook on June 30:
RWB stated it will stop taking bets and deposits after June 16 with bettors able to withdraw funds through June 22.
According to reports, RWB only fielded a $263,331,848 total NY sports betting handle from January 2022 through May 2025.
In stark contrast, FanDuel has posted over $27bn in online sports betting handle since it launched in New York at the same time. While RWB is powered by PointsBet, the latter transferred its online NY sports betting license to Fanatics Betting and Gaming via an acquisition in June 2023 that cost Fanatics $225m.
RWB’s market exit means, along with PointsBet, it is the third of the original nine NY online sports betting licensees to make its departure.
WynnBET left NY late 2023 in a license transfer deal that gave ESPN BET entry into the state’s online sports betting market in 2024.
