A special committee has recommended a regulatory amendment for sportsbooks to take bets on esports, but it could take time before many people bet on competitions.
Casinos & Gaming
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Prepare to see your home team spinning on the reels by the 2023 football season.
Both executives said increasing the offerings for sports betting helps the gaming industry since sports bettors tend to be in a younger demographic.
The existing sports-betting financial model is unsustainable and executives of the nation’s 48 brands have begun analyzing what they must do to generate revenue while keeping players happy.
Despite a deluge of advertising, only 34 percent of California voters supported a ballot measure allowing mobile sports betting in a recent poll.
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