2024.07.12
chukchansi casino opening dateAn analyst sees the company benefiting from single-game betting in Canada. 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. But because of restrictions in Mississippi and New York, that figure is 11 for mobile wagering. payday 2 casino slot machinesAlthough 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. Just before the Eldorado offer was publicized, Caesars scrapped plans to bid on an Australian integrated resort. An analyst sees the company benefiting from single-game betting in Canada. harrah s cherokee casino mask policy cool cat casino bonus 2020casino slots real cashAssuming 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. (Image: New York Times)Earlier this week, the House of Commons resoundingly passed Bill C-218. That’s to the liking of Penn National Gaming (NASDAQ:PENN) investors, too, because that company owns 4.7 percent of Score Media equity.Other potential winners include Caesars Entertainment (NASDAQ:CZR), which owns an eponymous casino in Windsor, Ontario, Bet365, and FanDuel.river spirit casino payoutAn analyst sees the company benefiting from single-game betting in Canada. 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. It positions the country and operators to benefit from the next Super Bowl. 5 casino hotels in macau seminole casino wewokablack hawk colorado z casinoJust before the Eldorado offer was publicized, Caesars scrapped plans to bid on an Australian integrated resort. 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. It positions the country and operators to benefit from the next Super Bowl. (Image: New York Times)Earlier this week, the House of Commons resoundingly passed Bill C-218. That’s to the liking of Penn National Gaming (NASDAQ:PENN) investors, too, because that company owns 4.7 percent of Score Media equity.Other potential winners include Caesars Entertainment (NASDAQ:CZR), which owns an eponymous casino in Windsor, Ontario, Bet365, and FanDuel.A rendering offree casino slots for real money pechanga casino in san diego california |