I think it would be very hard for us to go from zero to 100 mph in the course of 40 days when there\u2019s so much other stuff in front of the legislature,\u201d he told The Boston Herald<\/em> in June. \u201cI do know we are meeting with a lot of the professional sports organizations and a lot of the knowledgeable people in this space, and I fully expect the legislature will do the same thing.<\/p><\/blockquote>\n\u201cI believe this is an issue we ought to take up, if we happen to be around, in January as part of the next session, because clearly this is going to be something that every state is going to have to take a good, hard look at,\u201d he added.<\/p>\n
Full of Bull<\/strong><\/h2>\nAccording to The New York Pos<\/em>t, a recent Morgan Stanley report suggests that in a bull-case scenario — where every state in the US legalized sports betting — $216 billion would be wagered per year.<\/p>\nThat\u2019s based on an average of every American losing $43.50 a year, which is broadly in line with European and Australian averages.<\/p>\n
But the likelihood of all 50 states regulating sports betting over the next few years is zero. Eilers and Krejcik Research has predicted that 32 states might do so in the next five years — a forecast that may also be on the bullish side.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Massachusetts legislature plans to grapple with sports betting in January and homegrown DFS giant-turned-bookmaker DraftKings wants to make sure they get the job done. According to The Boston Herald, the Boston-based company expects to ramp up its lobbying and legislative efforts over the next few months. DraftKings has already launched a social media campaign […]<\/p>\n","protected":false},"author":36,"featured_media":92030,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14007,13592,16,1074],"tags":[],"acf":[],"yoast_head":"\n
DraftKings Gears Up for Massachusetts Sports Betting Push<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n