PBTHF - The eyes of Texas are on sports betting
The blistering growth of sports betting is not showing any signs of slowing down.Michigan is days away from launching sports betting with operators in the state including Barstool Sportsbook (PENN), BetMGM (MGM), BetRivers, TwinSpires (CHDN), DraftKings (DKNG), FanDuel (PDYPY), FOX Bet (FOXA), GAN, Golden Nugget, Kambi, Parx, PointsBet Scientific Games (SGMS), William Hill (WIMHY) and WYNNBet (WYNN). That timing is crucial with the Super Bowl just a few weeks away and March Madness to follow.In New York, the wait is on for DraftKings, Penn National Gaming and GAN to hear if the state pushes forward with a single operator or multi-operator system. There could be some news on that front next week.There are some rumblings that an even larger state is looking at sports betting legislation. The Texas Governor's office has reportedly reached out to lobbyists and regulators in other states for advice on the best path forward to legalize
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The eyes of Texas are on sports betting