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Resorts World Bet has just announced that it is stopping operations in New York starting June 30, and users' deposits and bets can still be taken until June 16, while withdrawals can be done until June 22. Despite being one of the original sports betting operators in the state, Resorts World Bet never really gained a significant foothold - with many customers preferring bigger names like DraftKings, FanDuel, and Fanatics. Resorts World Bet, one of the original nine online sports betting operators licensed in New York, has announced that it will cease operations in the Empire State at the end of this month. The company informed customers that it will stop accepting bets and deposits after Sunday, the 16th of June, and all account withdrawals must be completed by Sunday, the 22nd of June. The platform will officially shut down on Monday, the 30th of June. Launched alongside other major operators on January 8, 2022, Resorts World Bet entered New York's then-brand-new legal online sports betting scene with high hopes. However, despite the initial excitement, the brand failed to capture a significant share of the state's highly competitive market. Struggles in a crowded market Resorts World Bet never gained the traction seen by dominant players like DraftKings, FanDuel, and Fanatics. From its launch through May 2025, Resorts World Bet reported a modest $263 million in total betting handle. In contrast, FanDuel alone has recorded over $27 billion in handle since 2022 - demonstrating the vast disparity in market penetration between the two operators. As the official sports betting arm of Resorts World Casino, the platform struggled to differentiate itself in an environment where brand loyalty, user experience, and marketing muscle play a major role. Many New Yorkers seemed to stick with better-known national brands, leaving Resorts World Bet unable to carve out a sustainable customer base. The announcement of the platform's closure was delivered via email to users and has since been confirmed through a banner on its official website. Attempts to reach Resorts World representatives or the New York State Gaming Commission for comment have gone unanswered. Another operator bows out Resorts World Bet becomes the third online sportsbook operator to depart the New York market since legalization. Wynn Interactive previously announced in late 2023 that its platform, WynnBET, would cease operations in the state. That license was eventually acquired by Penn Entertainment as part of a $25 million deal involving WSI US, paving the way for ESPN BET's launch in New York on September 27, 2024. Similarly, PointsBet sold its US operations, including its New York license, to Fanatics Betting and Gaming for $225 million in June 2023. Fanatics Sportsbook subsequently debuted in the state in February 2024. These departures are indeed a growing trend: even well-established brands may struggle to survive in states like New York, where high tax rates and fierce competition make profitability a challenge. What's next for the license? With Resorts World Bet preparing to exit, speculation now turns to the future of its valuable online sports betting license. Any transfer or sale would require approval from the New York State Gaming Commission, and potential buyers will face the steep cost of entry. New York's tax structure imposes a 51% tax on gross gaming revenues - one of the highest in the country. While this deters some would-be operators, it hasn't stopped deep-pocketed companies like Fanatics or ESPN BET from entering the state in recent years. Despite the challenges, the reward is potentially massive. New York consistently ranks as the country's top market in terms of monthly betting handle and revenue, offering operators a chance to generate millions in revenue in a matter of days. Resorts World Bet's decision to withdraw from the New York online sports betting market marks the end of a short-lived effort to compete with industry giants. While its departure may not come as a surprise to many observers, it does open the door for another operator to potentially step in - if they're willing to pay the price of admission.

The surrounding hype of the FIFA Club World Cup is making a lot of noise as of late, and it is because the best clubs in the world are coming in on the big stage to prove their worth to show that they have what it takes to win it all against the best of the best. But will MLS teams be able to showcase their worth this time? Fans in America are definitely excited to see how well the MLS teams will fare against elite clubs from all corners of the globe. It is expected that it will be a lot of intense competition, and the hype continues to bring more attention to the LAFC, Inter Miami, and the Seattle Sounders. Beginning this Saturday, these three MLS teams will participate in the Group Stages of the said event. No MLS team has ever managed to reach the final four of the competition, and one can say that there is bigger pressure in the United States as they play host to the tournament of champions. This is why fans are keen to see these MLS teams at least thrive and deliver success to the country. A Promising Look LAFC may have the best chance of at least stealing a game in Group D, where they will face Clube de Regatas do Flamengo of Brazil, Espérance Sportive de Tunis of Tunisia, and Chelsea FC of England. Two of these teams are champions on the world stage, which says a lot about how the expectations are high for the Los Angeles club. Chelsea stands as the team to beat for this group, although Flamengo is another giant that would really be hard to underestimate for LAFC. Winning at least two would be a success for the American side now more than ever. Inter Miami is considered to be the MLS giants, and for good reason. Lionel Messi says it all – a club bursting with talent compared to the version of the club that we have watched in the past few years. Miami will play SE Palmeiras of Brazil, FC Porto of Portugal, and Al Ahly FC of Egypt, which is going to be quite an easy work for the team and may even see them finish first or second in their games. Nothing could go wrong well for the team, save for Al Ahly, which has been one of the dark horses to make a deep run in this tournament. The Sounders Making a Statement Perhaps you have already heard of how the Seattle Sounders are voicing out their frustrations on the tournament management by FIFA and the financial winnings about a week ago. Still, the Sounders are one of the big teams to look out for – had they not been drawn to what we can say is the group of death in the competition. Seattle is set to play against the winner of the Champions League, Paris Saint-Germain of France, Atlético de Madrid of Spain, and Botafogo of Brazil. A win would be too much to expect, but possibly a draw against any one of these elite teams could turn out to be an impressive showing from the American side. Who knows, maybe the underdogs can come up with a promising story of winning on their own. After all, they would have the fan advantage at home heading to the games.