2024.07.17
zynga poker casino goldCompanion legislation in the form of Bill C-13, which would legalize single-game betting at the federal level, is scheduled for a second reading in the House of Commons on Friday and is expected to easily pass, too.With strong brand recognition and an established footprint in the country, DraftKings could be a winner as the country modernizes its sports wagering offerings.We believe DraftKings, operating Daily Fantasy in Canada for nearly a decade with a large customer database, is well- positioned if favorable regulation for private operators occurs,” said Oppenheimer analyst Jed Kelly in a note to clients on Friday.DraftKings is currently live and legal in 13 US states. Just before the Eldorado offer was publicized, Caesars scrapped plans to bid on an Australian integrated resort. It positions the country and operators to benefit from the next Super Bowl. free slot games pcDraftKings (NASDAQ:DKNG) is one of the US-based gaming compadraftkings casino near menies that stands to benefit from the legalization of single-game sports wagering in Canada, according to one Wall Street analyst. Reports surfaced that authorities demanded Caesars make some progress over the next couple of months or risk losing the gaming license tied to the Midan City gaming venue.Additional reports surfaced late last year indicating that Caesars and Guangzhou R&F Properties were having doubts about the viability of the project – concerns that were stoked by the crippling effect COVID-19 had on the global gaming industry.Just Not Into International ExpansionEldorado’s management team runs the new version of Caesars and when that company made its offer for the Harrah’s operator in June 2019, CEO Tom Reeg said international expansion opportunities would have to be “stupendous” for the company to look in that direction.The gaming firm is staying true to that vision. n regarding lack of progress on the project. hard rock casino lake tahoe map blackjack online real money appblack oak casino millAssuming full access, it would be the largest North American market for DraftKings by population.Good Timing for DraftKingsKelly’s comments are contributing to a nearly five pdraftkings casino near meercent gain for DraftKings stock today, indicating investors are warming to the idea of what could be a lucrative opportunity set in Canada.Adding to the north of the border allure for sportsbook operators are expectations that single-game sports betting will be live there by the start of the 2021 NFL season. A rendering ofDraftKings (NASDAQ:DKNG) is one of the US-based gaming compadraftkings casino near menies that stands to benefit from the legalization of single-game sports wagering in Canada, according to one Wall Street analyst. hard rock casino biloxiFor Super Bowl LV earlier this month, sportsbooks in New Jersey and Nevada – the two largest US sports wagering markets – handled a combined 3.5 million in wagers.Ontario, Canada’s most populous province, will be a marquee Canadian market for DraftKings and others.“We see Ontario offering the most immediate opportunity, where it recently included legal language in its annual budget to allow private operators to offer Online Sports Betting and iGaming products,” said Oppenheimer’s Kelly.Sports Betting WinnersPerhaps no operator is poised to benefit from Canada’s new sports betting policy more than Score Media and Gaming Inc. Assuming full access, it would be the largest North American market for DraftKings by population.Good Timing for DraftKingsKelly’s comments are contributing to a nearly five pdraftkings casino near meercent gain for DraftKings stock today, indicating investors are warming to the idea of what could be a lucrative opportunity set in Canada.Adding to the north of the border allure for sportsbook operators are expectations that single-game sports betting will be live there by the start of the 2021 NFL season. The owners of Rivers Casino Des Plaines announced Wednesday plans to dramatically increase the size of the suburban Chicago casino. scarlet pearl casino rewards ruby slots mama bonusblackjack casino game rulesDraftKings (NASDAQ:DKNG) is one of the US-based gaming compadraftkings casino near menies that stands to benefit from the legalization of single-game sports wagering in Canada, according to one Wall Street analyst. Reports surfaced that authorities demanded Caesars make some progress over the next couple of months or risk losing the gaming license tied to the Midan City gaming venue.Additional reports surfaced late last year indicating that Caesars and Guangzhou R&F Properties were having doubts about the viability of the project – concerns that were stoked by the crippling effect COVID-19 had on the global gaming industry.Just Not Into International ExpansionEldorado’s management team runs the new version of Caesars and when that company made its offer for the Harrah’s operator in June 2019, CEO Tom Reeg said international expansion opportunities would have to be “stupendous” for the company to look in that direction.The gaming firm is staying true to that vision. Canada is home to 37.59 million citizens. Just before the Eldorado offer was publicized, Caesars scrapped plans to bid on an Australian integrated resort. The owners of Rivers Casino Des Plaines announced Wednesday plans to dramatically increase the size of the suburban Chicago casino. Companion legislation in the form of Bill C-13, which would legalize single-game betting at the federal level, is scheduled for a second reading in the House of Commons on Friday and is expected to easily pass, too.With strong brand recognition and an established footprint in the country, DraftKings could be a winner as the country modernizes its sports wagering offerings.We believe DraftKings, operating Daily Fantasy in Canada for nearly a decade with a large customer database, is well- positioned if favorable regulation for private operators occurs,” said Oppenheimer analyst Jed Kelly in a note to clients on Friday.DraftKings is currently live and legal in 13 US states. mountaineer casino is it open today south lake tahoe casinos closed |