FanDuel's big expansion plans face serious challenges in California, Texas and Florida.
FanDuel's big expansion plans face serious challenges in California, Texas, and Florida. Licensure in the “Big Three states” would mean more than a million new long-term customers for the U.S. market leader.FanDuel plans to push California, Texas, and Florida to legalize sports betting in the coming years, parent company Flutter Entertainment announced.
The commercial sportsbooks worked against the state’s tribal gaming stakeholders who had pushed for a separate retail-only sports betting ballot measure. The tribes spent tens of millions of dollars as well, most focused on defeating the mobile sports betting measure; neither measure passed, but the tribal initiative received more votes.
The Lone Star State remains one of the nation’s most notable gambling holdouts. It has no commercial casinos and only a handful of smaller tribal casinos far from the state’s major population center. But if either occur, FanDuel’s hopes of a Texas will remain tied up by a handful of people.The only state on this list with legal sports betting may be the most difficult for FanDuel to enter.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DraftKings, FanDuel Double Missouri Sports Betting Campaign InvestmentFanDuel and DraftKings have doubled their contributions in support of an upcoming ballot measure that would legalize sports betting in Missouri.
Read more »
Russia faces 'difficult fight' to retake Ukraine-held area, says top US spyDeputy CIA Director David Cohen said Russian forces will face a 'difficult fight' as Putin mounts a counteroffensive in an attempt to retake parts of the Kursk region captured by Ukraine.
Read more »
Trump faces ‘difficult proposition’ to find top legal talent for 2024 election challengesPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Will September Be More Difficult for Bitcoin Miners?; Worldcoin Faces Scrutiny in Singapore'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Jefferies report said that bitcoin mining was notably less profitable in August than July.
Read more »
Prepare your kids for fall sports: where to get sports equipment dealsPopular fall sports include soccer, football, field hockey and cross-country. Here’s all the equipment your child needs to play.
Read more »
Sheila Hamp transformed Detroit Lions from mockery to Super Bowl contenderSports Illustrated named Detroit Lions Sheila Hamp to 50 most influential in sports list.
Read more »