It has been over a year since the Supreme Court of the United States weighed in on the matter of legal sports betting. Since that time, the industry as a whole has achieved phenomenal growth. Sports betting has launched in several states and it is in the pipeline for many more.
Prior to last year’s Supreme Court ruling on sports betting, the legal options were few for those in the United States who wanted to have a little skin in the game for sporting events. Daily fantasy sports was one niche that filled the void for many.
The US sports betting boom will not be reserved solely for brick-and-mortar and online sportsbook operators. For example, states in which sports betting has received a green light are already seeing their coffers boosted via additional tax dollars.
As the sports betting industry continues to grow, so to do the dreams of new gamblers. While many are content to earn some extra spending cash or to simply enjoy the games which they have action on, there are also plenty of dreamers out there who fall into another group.
The days of winks and nods when it comes to sports betting are all but over. As legalization issues are hammered out across the United States, sports betting is becoming even more engrained in mainstream culture.
It has been over a year since the landmark ruling from the Supreme Court of the United States which effectively placed the question of the legality of sports betting in the hands of state legislatures.
Multiple reports indicate that Caesars Entertainment Corporation is moving closer towards a deal to merge with Eldorado Resorts Inc. Naturally, the deal is contingent upon financing and could still go by the wayside before coming to fruition.
Legal sports betting in New York took another step closer to becoming a reality on Monday. In a unanimous 6-0 vote, the state Gaming Commission approved rules which will allow in-person sports betting at four upstate casinos and seven Native American properties.
As sports betting continues its meteoric rise across the nation, content options for consumers will continue to grow as well. We’re not just talking about online betting. A plethora of television programs targeted to the sports betting industry have already been unveiled, and there’s no sign the momentum will be slowing any time soon.
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