Google Dropping Longstanding U.S. Ban On Sports Betting, Casino Apps In The Play Store

M

MrTop

EOG Master
Activations for mobile sportsbooks are expected to surge in 2021 upon Google allowing access



Under the policy change that takes effect March 1, Google will allow real-money gambling apps, ads related to real-money gambling, and daily fantasy sports apps within the Play Store. Google apparently modified the policies related to sports betting apps on Jan. 20, a change that was first reported on Thursday by Reuters.

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WildBill

WildBill

2
I just have to wonder though how much this matters? I bet many books are leery to join to avoid getting sued. They can't control what states people get the apps from, will be some cowboy lawyers from Utah. They will claim a bunch of crap that didn't really happen and sue them for millions even though they can't take a dollar from someone in that state or the many others where they claim they are for freedom but won't let you risk a dime.
 
FairWarning

FairWarning

Bells Beer Connoisseur
lap18 said:
Who are you invested if you don't mind saying. I have PENN and I have been looking at DKNG. What's your thoughts on those?
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I need to get Penn. I got in on DKNG at $17 and own Boyd Gaming, they own roughly 12-15% of Fanduel. I think over half of the states will offer sports gambling ib the next 3-5 years as they need to fill the state coffers. There is plenty of room for growth.
 
WildBill

WildBill

2
PENN's path is really through Texas, if it happens. Starting to think sports betting is a distinct possibility and if it happens they have a great headstart with the racetrack licenses they own. If that doesn't work out I think the upside is about to get a bit challenged. They still have some opportunity in Illinois and in Massachusetts, but they don't have a great path into anything on the Atlantic coast which is a big handicap. They can buy their way into NJ, but they don't have casino ops or a real database to work with so if they operate there they have to promote and be big spenders like the rest of the crowd. Same for out west, I think their strategy either changes and they market heavily, or they have very slow to develop operations. And then there is the question of how can they adjust their rents on their casinos, a lot of these places will eventually have some reckoning. They have paid full rent so far, but it may not make sense to if things don't bounce back quickly by this summer.
 
WildBill

WildBill

2
lastyle7 said:
FUBOTV is also getting into online sports betting.
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I think BALY has made the best moves. Branding sports networks with gaming brand is genius, so is getting a DFS company since so many of it's states are not legalized for sports betting.
 
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