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Importantly, we did not just ask these men and women if they had “bet on sports.” We also asked about participating in fantasy sports, day-to-day fantasy sports leagues and betting on esports. That is truly a great deal significantly less than the tax prices in New Hampshire and Rhode Island, each of which impose a 51% tax on operator revenue. Richard McGowan, a Boston College professor who research the gambling business, told WBUR the reduced prices in Massachusetts may support the state compete against peers with much more established sports betting industries.
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We believe there’s a disconnect between Wall Street and Main Street, as sports betting is tricky to recognize, and value. But, when simplified and stripped down to its fundamentals it ought to be valued like a digital exchange, or P2P payment exchange, as it operates an electronic market place for speculating on sports outcomes. Of course, according to the accounting note on revenue, the organization calculates its "vig" or revenue net of incentives awarded to customers . In which rapid deployment of services, and promoting activity is necessary in order to speedily satisfy consumer demand. DKNG was quick to open gaming accounts as gaming markets opened across the USA over the previous two to three years.
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