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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Post by JimTorontoon Oct 29, 2016 12:47pm
106 Views
Post# 25401876

Future of sports betting: ESPN Report

Future of sports betting: ESPN ReportOctober 28, 2016

A long report. NYX is mentioned as a "sports betting technology provider".

"Over four months, ESPN interviewed more than 50 sources representing a vast spectrum of interests and came away with numerous key findings about the future of American sports betting. Among them:
 
• Congress is in the early stages of reviewing federal gambling laws and plans to introduce comprehensive legislation that will address sports betting, daily fantasy sports and other forms of online gaming.
 
• Some of the world's largest tech companies are expected to emerge as bookmaking giants that will compete against established U.S. and international sportsbook operators, state lotteries, Native American gaming interests and fantasy sports sites for a share of the market.
 
• Stock market-like sports betting exchanges will be created to cater to the more sophisticated bettor, while also presenting the sports leagues with a potential opportunity to profit directly off of legal sports gambling.
 
......
 
While opinions vary on when a legal market may take shape in the U.S., who the biggest bookmakers of the future will be and if American society can handle what will be a dramatic shift in sports culture, experts almost unanimously agree with NBA commissioner Adam Silver's prediction: Expanded legalized sports betting is "inevitable."

https://www.espn.com/chalk/story/_/id/17892685/the-future-sports-betting-how-sports-betting-legalized-united-states-the-marketplace-look-like
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