Sports gambling sites cash in on Super Bowl betting mania | CNN Business

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With more states legalizing gambling on sports, Super Bowl LVII will probably be the biggest event for the industry ever.

But how will casino and online/mobile sports betting companies stand out in an increasingly crowded field? Gambling leaders such as DraftKings, FanDuel owner Flutter Entertainment\n \n , MGM, Caesars and Wynn\n \n , are all in a land grab for customers. The high stakes competition is having an impact on the stocks of the sports betting giants. They have all surged so far this year as the broader market has rebounded. But many of these stocks are merely recovering from prior steep losses.

Given the competition with DraftKings and FanDuel, as well as other casino companies, Greenblatt said that having a physical location at the Super Bowl should be a great marketing opportunity. A big goal for Sunday is to also convince people making bets at the sportsbook to download the BetMGM app so they can set up accounts. Marketing is important, Greenblatt added, because MGM can remind gamblers that is a legacy casino brand, and not an upstart like DraftKings, FanDuel or Barstool.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Perfect for the Dems to tax

With all of that money at stake and it will grow exponentially from here into the future, just wait until somehow it corrupts the results.

I bet $80,0085 that Wayne Gretzky will score the winning touchdown in the top of the 8th inning tonight. (But I get my money back if the Lakers win the coin toss and get to tee off second.)

Biggest event for prostitution too

If you rely on cnn it’s almost like there isn’t anything going on in our skies of late.

Way more than that

Why are you not covering the train derailment and massive toxic explosion in Ohio?

Biggest-ever event for the industry. Hire some English majors.

My Wall Street Journal piece from last year on the dangers of exactly this development.

And the sky will be blue

And nobody knows who plays!

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 /  🏆 4. in TH

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