iBET ETF Insights: With 30+ states allowing sports betting, the AGA (American Gaming Association) predicts 45 million adults to wager on March Madness. With an estimated $3.1 billion to be wagered on the games. AGA also predicts that 76% of that will be placed outside of brackets on individual games/prop bets. 29 million more Americans […]
Day: March 18, 2022
New York open to expansion of Sports Betting LicensesNew York open to expansion of Sports Betting Licenses
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iBET ETF Insights: The New York legislature revealed their budget proposals for sports betting and gambling regulation. Lawmakers will now work to determine if downstate casinos will be expedited and if they can add additional sports betting licenses. Lawmakers are required to pass the budget by April 1. Assembly Speaker Carl Heastie said “By and […]