The Rise of Online Betting Solutions Coincides with an Upturn in Public Opinion
FinancialBuzz.com News Commentary
NEW YORK, April 15, 2021 /PRNewswire/ -- More and more states are launching online betting businesses as the legal infrastructure and public opinion have turned in favor of such services. This year, nineteen states will decide whether to legalize sports betting services this year, either through voter referendums or state legislature statutes. According to a report by CNBC, if all nineteen states vote yes, that will more than double the number of states where sports betting is already legal. "This is a big year," said DraftKings CEO Jason Robins in an interview. "We've got about 20 states set to vote on legalization. What percentage of those decide yes - that'll swing things either in a positive or negative direction for us." Last year, three states had measures on the ballot to legalize sports betting: Maryland, Louisiana and South Dakota. All voted yes. Bragg Gaming Group Inc. (OTC: BRGGF) (TSX: BRAG), Wynn Resorts, Limited (NASDAQ: WYNN), Bally's Corporation (NYSE: BALY), Skillz Inc. (NYSE: SKLZ), Allied Esports Entertainment Inc. (NASDAQ: AESE)