Confluence of Events Leads to a Surge in Online Betting Options
FinancialBuzz.com News Commentary
NEW YORK, Feb. 3, 2021 /PRNewswire/ 2020 was an important year for the online betting industry. The pandemic, and numerous social distancing measures that were implemented to combat it, have created just the right environment for various internet-based businesses, including sports betting and esports, to take off. Over the course of the last year, sports betting was legalized in key U.S. states, as well as several European markets. This is the direct response to stronger consumer adoption of online sports betting and a growing demand for at-home entertainment. As a result, the online sports betting industry now has a broader reach and a larger user base in 2021 than ever before, all as major league sports are in the midst of action. Major legislative breakthroughs in key markets are also expected to continue into 2021. Bragg Gaming Group Inc. (OTC: BRGGF) (TSX-V: BRAG), Penn National
As legal betting booms, journalists jump from sports page to sportsbook
Ben Strauss, The Washington Post
Dec. 19, 2020
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Readers of the Chicago Tribune have come to know sportswriter Teddy Greenstein over the last two-plus decades for his coverage of golf and the Big Ten. But if they want his insights on The Masters or his weekly college football picks, they ll no longer find them in their local paper. They ll have to look, instead, to the tweets and videos Greenstein makes for PointsBet, the sports-betting company where he started recently as senior editor.
Over the last decade, the Tribune, like many media outlets big and small, has hemorrhaged jobs. This summer, in the midst of the pandemic, there were furloughs, casting its future in ever shakier terms. Greenstein headed for what looked like greener pastures, pegging his career squarely on the future of legal sports gambling.