2024.07.20
can you smoke at wild horse pab casinoDraftKings (NASDAQ:DKNG) is one of the US-based gaming compacasino appsnies that stands to benefit from the legalization of single-game sports wagering in Canada, according to one Wall Street analyst. 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. 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. doubledown casino lobbyn regarding lack of progress on the project. 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.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. foxwood resort casino arcade no deposit bonus rich casinoisland view casino eventsCanada is home to 37.59 million citizens. Canada is home to 37.59 million citizens. It positions the country and operators to benefit from the next Super Bowl. morongo casino promotionA rendering ofIt’s legislation that allows Canada’s 10 provinces and three territories to roll out betting on individual sporting events. DraftKings (NASDAQ:DKNG) is one of the US-based gaming compacasino appsnies that stands to benefit from the legalization of single-game sports wagering in Canada, according to one Wall Street analyst. golden nugget casino number free online slots mr gamezisland resort and casino dispensary(OTC:TSCRF), the sports wagering company also known as theScore.Based in Toronto, theScore is a homegrowcasino appsn entity with strong market share and name recognition in the country. It positions the country and operators to benefit from the next Super Bowl. A DraftKings lounge at Gillette Stadium in Massachusetts. 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.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. 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.casino with slots near me hard rock casino yuba city jobs |