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o casino goaCompanion 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. 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 pcasino appsercent 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. After the regional gaming company made its acquisition bid, the target abandoned plans to pursue development deals in Greece and Japan.Keeping with the theme of management being largely uninterested in international markets, it’s widely believed that when Caesars closes its purchase of sportsbook operator William, the buyer will sell the target’s international operations, perhaps attaching UK-based casinos to that package.The Nevada-based company currently operates 13 venues outside the US.restaurants in the bellagio casino las vegasCanada is home to 37.59 million citizens. Although Canada has its own football league, the NFL is popular there, as the league has multiple franchises that play in close proximity to the US border with that country.Getting to live status in advance of the 2021 NFL campaign is critical for Canada’s revenue-generating ambitions because football is the most wagered-on sport in North America. (Image: New York Times)Earlier this week, the House of Commons resoundingly passed Bill C-218. nearest casino in kennewick river spirit casino dwight yoakamgta 5 casino roulette cheatBut because of restrictions in Mississippi and New York, that figure is 11 for mobile wagering. Although Canada has its own football league, the NFL is popular there, as the league has multiple franchises that play in close proximity to the US border with that country.Getting to live status in advance of the 2021 NFL campaign is critical for Canada’s revenue-generating ambitions because football is the most wagered-on sport in North America. The owners of Rivers Casino Des Plaines announced Wednesday plans to dramatically increase the size of the suburban Chicago casino. river spirit casino santanaJust before the Eldorado offer was publicized, Caesars scrapped plans to bid on an Australian integrated resort. For 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. A rendering ofcasino 99 in chico chukchansi casino coarsegoldclearwater casino boatA rendering ofAfter the regional gaming company made its acquisition bid, the target abandoned plans to pursue development deals in Greece and Japan.Keeping with the theme of management being largely uninterested in international markets, it’s widely believed that when Caesars closes its purchase of sportsbook operator William, the buyer will sell the target’s international operations, perhaps attaching UK-based casinos to that package.The Nevada-based company currently operates 13 venues outside the US.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. n regarding lack of progress on the project. But because of restrictions in Mississippi and New York, that figure is 11 for mobile wagering. (Image: New York Times)Earlier this week, the House of Commons resoundingly passed Bill C-218. desert diamond casino i 19 hard rock hotel casino south lake tahoe |