Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018, sports-betting companies have jumped in popularity.
DraftKings confirmed that it paid out more than $175 million in Super Bowl bets this February, as this year’s Super Bowl was the most bet on in the history of American sports. But the company would not specify exactly how much was bet on their sportsbook for the big game. “Legal online sports betting is projected to bring hundreds of millions in tax revenue annually to the state to address two of the state’s most pressing issues: homelessness and mental health,” said DraftKings CEO Jason Robins.See also: Bitcoin, ethereum — here’s how crypto prices changed in February
Penn recently disclosed that its 2021 workforce grew by roughly 20% year-over-year, but was still about 22% below 2019 levels.“The retail casinos are performing very well,” Sigdahl told Barron’s, referring to a 13% increase in same-store revenue despite the pandemic still being somewhat of a factor in casinos.