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Matt King - 2 DraftKings - 2 Christian Genetski - 2 Wrigley - 1 Michael Rubin - 1 CNBC's Contessa Brewer - 1 Marie Donoghue - 1 Jontay Porter - 1
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Search resuls for: "Christian Genetski"


2 mentions found


☆ No signs of slowing down for sports betting, industry leaders say
  + stars: | 2024-09-10 | by ( Jake Piazza | In | ) www.cnbc.com   time to read: +3 min
Sports betting is continuing its integration into modern sports culture, and industry leaders do not expect the growth to slow down any time soon. As much tailwind as sports betting companies have received from growing legalization and popularity across the country, taxes and ethical concerns have presented difficulties. Several states have a 51% tax on sports betting companies, and Illinois recently approved a tax increase on sports betting revenue. Sports betting has also garnered negative headlines in recent months as professional sports leagues have struggled to effectively stop players from violating betting and gambling rules. The speakers also addressed widespread concerns about whether the nature of sports betting companies' business models discourages them from providing proper guardrails to stop gambling problems.
Persons: Wrigley, Michael Rubin, Matt King, CNBC's Contessa Brewer, Marie Donoghue, DraftKings, Jontay Porter, that's, Christian Genetski Organizations: Chicago Cubs, Philadelphia Phillies, Sports, FanDuel, CNBC, PointsBet's U.S, NBA Locations: Illinois
☆ NFL season expected to spur record $35 billion in legal sports wagers
  + stars: | 2024-09-03 | by ( Contessa Brewer Jessica Golden | Contessa Brewer | Jessica Golden | ) www.cnbc.com   time to read: +5 min
U.S. adults will wager $35 billion this NFL season, according to projections from the American Gaming Association. Since last NFL season, Maine, North Carolina and Vermont have allowed sports betting operators to launch in their states. "The NFL season is our biggest acquisition period of the year," said Christian Genetski, president of FanDuel, the nation's leading sportsbook. Since then, Fanatics Sportsbook acquired PointsBet's U.S. operations and technology, which is now fully integrated. It first launched in November last year, smack in the middle of NFL season.
Persons: Joe Milton III, Kyu Blu Kelly, Scott Taetsch, Churchill, Christian Genetski, FanDuel, It's, Michael Rubin's, Sportsbook, Pavlo Gonchar, Matt King, King, DraftKings, Penn, Jay Snowden, Gabby Jones Organizations: New England Patriots scrambles, Getty, American Gaming Association, National Football League, NFL, International, Caesars, MGM Resorts, New York Stock Exchange, Rush Street Interactive, FanDuel, YouTube, PointsBet's, Lightrocket, CNBC, Penn Entertainment, ESPN Bet, Disney, ESPN, Bloomberg Locations: Landover , Maryland, Maine, North Carolina, Vermont, Florida, Washington, Penn, Entain, New York
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