Americans to Bet Record $30 Billion Legally
News Context
At a glance
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record Wagering Expected: Americans are predicted to wager a record $30 billion on the NFL season, an 8.5% increase from the previous year. key Players: The major sportsbooks are:
Flutter (owner of fanduel)
DraftKings
BetMGM
Caesars
New Competition: Robinhood (an online broker) is looking to enter the sports betting market.
Timing: The college football season has started,adn the NFL season begins next week,driving increased activity for sportsbooks.