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A 2018 U.S. Supreme Court ruling in a case brought by New Jersey cleared the way for all 50 states to offer legal sports betting should they choose to do so. With that rapid expansion came an expectation in some quarters that internet gambling would almost automatically grow at a similarly rapid pace.
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¡°We believe we are creating next-generation consumption around sports, because this is exactly what the young user base is interested in,¡± Angelides says. ¡°They want hyperconnectivity, instant access, and hyper-personalization that¡¯s easy to use.¡±

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He said there are lingering concerns, particularly among some state legislators, that internet gambling could cannibalize revenue and customers from brick-and-mortar casinos ¡ª even though the gambling industry itself has established that has not been the case.