FanDuel Expands to Puerto Rico with New Sportsbook in San Juan
FanDuel, a major player in the U.S. sports betting industry, has officially launched operations in Puerto Rico. In partnership with CAGE Puerto Rico II ("CAGE Sports"), the company has opened a retail sportsbook at Edificio El Caribe, Calle Palmeras, San Juan.
How the FanDuel Sportsbook in Puerto Rico Works
Residents and visitors aged 18 and older can register in person at the San Juan sportsbook to create an account. While FanDuel’s sportsbook app is available, users must first complete registration at the retail location before accessing mobile betting services.
New users who place an initial $5 wager will receive $200 in Bonus Bets, which can be used on various sports, including basketball, football, baseball, hockey, MMA, and soccer.
Features of the Sportsbook and Betting Platform
The FanDuel sportsbook in Puerto Rico provides access to a variety of betting markets, including:
- Traditional wagers such as moneylines, spreads, and totals
- Parlay bets, including Same Game Parlays
- Live betting on ongoing games and events
The mobile app, available after in-person registration, offers betting guides and responsible gaming tools, allowing users to set time, deposit, and wager limits.
Puerto Rico Joins Growing List of Regulated Markets
Puerto Rico becomes the 24th U.S. jurisdiction where FanDuel operates a legal sportsbook, following states such as New York, New Jersey, Pennsylvania, and Arizona. The expansion aligns with efforts to regulate and oversee sports betting activity in new markets.
About FanDuel and CAGE Puerto Rico II
FanDuel Group
Based in New York, FanDuel is a well-established operator in the sports betting, iGaming, daily fantasy sports, and horse racing sectors. It operates retail sportsbooks across multiple states and has a presence in the Caribbean, Canada, and other global markets.
CAGE Puerto Rico II
CAGE Puerto Rico II was established in 2020 as part of Caribbean CAGE LLC, a company specializing in gaming technology and sports betting operations in Latin America and the Caribbean. It operates gaming systems, video lottery terminals, and digital betting platforms.
Regulatory and Market Implications
FanDuel’s expansion into Puerto Rico is part of a broader trend of legal sports betting growth across the U.S. and its territories. With increased regulation, operators must comply with local laws regarding age restrictions, responsible gaming measures, and financial oversight.
The opening of the retail sportsbook in San Juan is expected to offer legal betting alternatives to local bettors and tourists while contributing to the region’s gaming revenue.
The long-term impact on Puerto Rico’s sports betting market remains to be seen as more operators enter the space.
