Theres your answer.
Once the leagues and media got involved and invested that changed things.
If they turn a blind eye to this it will be one of the biggest proofs ever that lobbies and special interest rule this country.
Would not be shocked if the NFL and NBA gave a team to Vegas to get them to go along with it.
Its Big Casino vs Media/NFL,NBA, and MLB.
Although I dont think DFS eats into the casino business by much at all.
I've talked about this a bit on the mainboard. It may not eat into it but casino businesses aren't doing very well right now. Some would say it is the economy, I personally think they're lucky they've done as well as they have considering how bad of a product table games are, but that is just my opinion.
So when you have casino revenue down 10-15% year over year and then they see a competitor coming in and this competitor doesn't really compensate the state in a way that a casino can, then it is going to be an issue.
The 2 big CT casinos give the state 25M a month from slots alone, DFS just can't provide that type of revenue and not even a fraction of it. Those casinos have a lot of pull. So you might see a lot of crony capitalism on that front. Like 43 states have some form of casinos now, then there is lotto, etc...
Then there is the house of cards factor. A marketplace app needs a robust user base, so you lose a state like NY, PA, FL and it is a pretty big deal.