Be on the Right Side of the Action
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- Category: Gambling Industry
- Created: Sunday, 21 March 2021 14:19
The tide has already begun to turn prior to that with the rise in popularity of Daily fantasy Sports (DFS), but the Court’s ruling opened the floodgates. Sports leagues that had taken great efforts to distance themselves from gambling’s influence are now forming partnerships with wagering entities. What was once considered a sleazy activity has now gone mainstream.
Over 20 states have passed legislation and are in some stage of implementation of allowing sportsbooks to operate. They can be online, casino based or both and have strict regulations for operation. The same major players are running the sportsbooks, with Caesar’s Entertainment, BetMGM, DraftKings and FanDuel among the most prominent.
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