The TV and radio ads, which are set to start airing Thursday, make the case that Texas is forfeiting "billions" in tourism dollars to nearby states that allow casinos.
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States around the country are realizing what gamblers figured out long ago: The future of sports betting — and tax money to be made from it — is online. But they’re also realizing that extra tax money isn’t nearly enough to turn seas of red ink into black. That was the case even before the coronavirus pandemic blew huge holes in state budgets.
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Sports betting operator DraftKings has named its first chief media officer, leading to speculation the company is other additional media acquisitions and content deals to drive additional business to its expanding sports wagering sites.
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The PGA TOUR and DraftKings announced Wednesday that they will expand their relationship into Arizona’s sports betting space to operate retail and mobile betting services in the state
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Bettors backed a wide range of favorites at the Masters this year. From world No. 1 Dustin Johnson to the surging Jordan Spieth, gamblers parked their money with familiar names. So when Hideki Matsuyama won his first major on Sunday, sportsbooks reaped the profits of his unlikely victory.
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If you’ve been following the astronomical rise of sports betting in the United States, there’s one name that you have likely heard: Vegas Dave.
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Hartley takes a look at gambling stocks, their rise in 2020 and the future of investing in gambling companies.
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