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Why it matters: The NFL season is in full swing and fans are eager to place bets in Massachusetts, which would bring in tax revenue.
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For the purposes of this article, as we walk through the process with a new mythical iGaming company, let¡¯s factor in the overlap in customer base and choose to maximize potential profit by offering both.
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Since fantasy sports didn¡¯t start until 1980 and wouldn¡¯t become mainstream until more than a decade later, fans had limited opportunities to engage in sports, besides rooting for their favorite teams. Betting was one way. Since bookmaking wasn¡¯t exactly run by the Kiwanis Club, professional sports leagues and college conferences were terrified that nefarious characters would compromise the integrity of games, so they fought any efforts to legalize sports gambling beyond the Nevada desert. For decades, any athletes thought to be ¡°consorting¡± with gamblers were investigated by leagues. Legendary New York Jets quarterback Joe Namath even had to give up his stake in a nightclub that was frequented by bookies.
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There are 2,000+ games to choose from here, and they range from pokies and online poker to game shows and live dealer casino games.