2min chapter

Bloomberg Businessweek cover image

Bloomberg Businessweek Weekend - March 3rd, 2023

Bloomberg Businessweek

CHAPTER

What's the Margin in Sports Betting?

New York sports betting regulated over a year ago already. That was the biggest launch to date in the United States. The real prize that's going to come for the industry here is online casino games, which has a very different margin profile. An online sports betting player is worth probably 1,000 to 2,000 plus, depending on the operator and how much they're betting.

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