Tyckte följande var intressant och relevant även för Kindred, valda citat ur Redeyes Better Collective-analys för USA.
Fin resa vi haft i år! Tror bara vi är i början av den. :)
We see a positive regulatory development that will have a long-term impact. The strong development for sports betting in several US states has boosted tax revenues for the states. The additional tax revenues are much needed as COVID-19 has had a devastating impact on tax revenues and has resulted in huge budget deficits for the states.
The states that have legalized online sports betting have also attracted sports bettors from adjacent states, which for example, is seen in New Jersey where a large share of the sports bettors are New York residents. As a result, unregulated states have looked with envy and frustration at those states that have legalized online sports betting. Therefore, we have seen an intense activity to legalized sports betting in many states during 2020, and this activity has only increased.
We expect to see more states to make sudden turns towards legalizing online sports betting during 2021. So, even if it currently looks like we only will have 3-5 new states legalizing sports betting in 2021, we will not be surprised if we will end up having 5-10 states when we summarise 2021.
It should be noted that it takes some time for Better Collective to start to generate revenues in new states as several operators need to be live for the company to operate efficiently.
On top of the strong development for sports betting, we assess that the legalization of online casino might meet less resistance after the land-based casino lobbyist Sheldon Adelson died last week. Sheldon Adelson, the land-based casino billionaire mogul, was lobbying against the online casino and said to be an important factor behind the slow development of legalizing online casino in many states.