2 March 2020

The US sports betting market has largely been driven by incumbents and established brands, with many taking the view that the high regulatory costs present too large a hurdle for new challengers to jump. Bet.Works proves that isn’t the case. With an experienced team, backed by some notable investors, it has already launched in two states. CEO David Wang talks us through the company’s creation.

There’s also evidence of operators preparing to upset the established order. While the legacy daily fantasy businesses have built up an early lead in US sports betting, it looks as if some of the land-based brands are preparing to take them on in 2020. Penn National Gaming, for one, has big plans to leverage its land-based business to become an online leader.

 

  • magazine_issue
    31 August 2017

    The US Supreme Court disregarding the recommendation of the Solicitor General’s office and opting to hear New Jersey’s long-running appeal against the federal sports betting wrong-footed all stakeholders in June, including the leagues.

  • magazine_issue
    26 June 2017

    While the chances of passage in New York and Illinois look slim at the time of writing, Pennsylvania still stands on the brink of being the first US state to pass enabling legislation for real-money igaming since New Jersey in February 2013.

  • magazine_issue
    25 April 2017

    Our cover interview with Rush Street Interactive chief Richard Schwartz focuses on playsugarhouse.com’s explosive entry into NJ real-money igaming, elsewhere we focus on what businesses can be doing now to drive revenues and build audiences while

  • magazine_issue
    1 March 2017

    News that Pennsylvania Governor Tom Wolf is proposing to raise an additional US$150m from gaming expansion in the 2017/18 budget means the state is now chasing a quarter of a billion dollars of revenues from new gaming sources within 18 months.

  • magazine_issue
    20 December 2016

    Issue highlights include: After the “casino civil war”, From living room to Olympic podium?, It’s complicated: DFS in Indian country, Sports betting any way you want it in NJ? and The dust has settled: the current affiliate landscape in NJ

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