The American Gaming Association expects nearly 35 million people, or 13% of American adults, to bet on the NFL this season. While lockdowns severely disrupted large sports events, the months long shutdown of casinos helped boost demand for online gambling, buoying stocks such as DraftKings and Flutter Entertainment Sports betting was already booming in the United States before the pandemic hit, after the US Supreme Court in 2018 cleared the way for it to be legalized in states outside Nevada. “William Hill’s sports betting expertise will complement Caesars’ current offering, enabling the combined group to better serve our customers in the fast growing US sports betting and online market.” “The opportunity to combine our land based-casinos, sports betting and online gaming in the US is a truly exciting prospect,” Caesars CEO Tom Reeg said in the statement. Are you ready for some football? Gamblers are rejoicing
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