The Stars Group teams up with Akwesasne Mohawk Casino to offer sports betting in New York

The Stars Group announced Tuesday that it has entered into an agreement with the Akwesasne Mohawk Casino Resort (AMCR) for betting and gaming market access and certain retail sports betting operations in the State of New York.

The alliance will support AMCR’s introduction of retail sports betting to the North Country Region as New York State moves toward regulated sports wagering.

In anticipation of sports betting regulations permitting wagering in the state, the Akwesasne Mohawk Casino Resort’s renovation planning kicked off months ago, and construction of the 5,200 square-foot interactive venue, Stick’s Sports Bar & Sports Book, is starting.

The luxury sports lounge, featuring a high-definition video wall and 25 television screens, is expected to open in the fall of 2019. Expanded dining and beverage options will feature the on-premise seasonal craft brewery selection from Maple Brewing and a new menu.

"We are excited to announce this agreement with Mohawk, which further strengthens our market access as we work to build our FOX Bet business into one of the leaders in the emerging U.S. online betting and gaming market," said Robin Chhabra, CEO of FOX Bet, the new U.S. sports betting brand of The Stars Group.

Todd Papineau, General Manager of the Akwesasne Mohawk Casino Resort commented, "We are thrilled to elevate the sports betting experience for our guests in our new sports lounge, a 5,200 square foot sports betting hub that will be ready during the NFL season.  Once permissible in the state, we will be prepared to accept sports wagers through our new kiosks. With its online betting and gaming solutions and FOX Bet and PokerStars brands, we believe The Stars Group is the ideal partner for us and it is positioned to become a leader in the U.S. online betting and gaming industry. We are delighted to work with The Stars Group, one of the world's largest, most licensed online gaming companies, to leverage the opportunity presented by online betting and gaming in the State of New York."

Under the terms of the agreement, Mohawk will receive a revenue share from the operation of the applicable online offerings by The Stars Group and The Stars Group will receive a revenue share from the operation of the retail sportsbook from Mohawk.