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Court Ruling on $10B Online Sports Betting Market puts DFS operators into overdrive

Retrieved on:

Tuesday, May 15, 2018

This decision has legalized sports betting and NLFS will direct its team to layout plans to enter this new market.

Key Points:

This decision has legalized sports betting and NLFS will direct its team to layout plans to enter this new market.
The news ignited the already active NLC2 slack and telegram rooms with many members posting the stories almost simultaneously.
Groswirt mentioned, "We have some games we have never released that can now be tested as this ruling adds another $10 Billion to the market we are in."
This allows DFS operators like DraftKings, FanDuel and No Limit Fantasy Sports entry into the massive and untapped market in the USA of online sports betting beyond DFS.

Retrieved on:

Monday, May 14, 2018

"This ruling gives us the ability to further diversify our product offerings and build on our unique capacity to drive fan engagement."

Key Points:

"This ruling gives us the ability to further diversify our product offerings and build on our unique capacity to drive fan engagement."
The addition of online and mobile sports betting holds the potential to generate billions of dollars annually for cash-strapped state governments.
In anticipation of a favorable ruling by the Court, DraftKings has been preparing since 2017 to launch a sports betting platform for mobile, providing another advantage for the company.
DraftKings is working with state regulatory officials to apply for operating licenses in those states that have already passed legislation authoring sports betting.