DraftKings, FanDuel, more enter NC as sports betting becomes legal
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 11 March 2024
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Monday, March 11th. I'm Julie Morgan. |
| 0:12.0 | Sports betting becomes legal in North Carolina. March 11th, I'm Julie Morgan. |
| 0:12.6 | Sports betting becomes legal in North Carolina. |
| 0:15.8 | AI may predict the effectiveness of immunotherapy, |
| 0:20.0 | and Delta expects a Boeing airplane delay. |
| 0:24.8 | Draft Kings and other digital sports entertainment and gaming companies |
| 0:29.2 | are set up for a big march with online sports betting in North Carolina launching today. |
| 0:34.6 | Earlier in the year, D.K.N.G. and NASCAR agreed to terms on a written designation agreement, |
| 0:40.4 | paving the way for draft kings to operate in the state. |
| 0:44.0 | After the launch in North Carolina, Draft Kings Sports Book will be available in 27 U.S. states in addition to Ontario, Canada. |
| 0:52.0 | The timing of the North Carolina launches... in addition to Ontario, Canada. |
| 0:52.6 | The timing of the North Carolina launch is advantageous |
| 0:55.8 | with the men's and women's NCAA tournaments |
| 0:58.6 | beginning in less than two weeks |
| 1:00.4 | and the NASCAR season in full swing. North Carolina is the ninth large. in the |
| 1:05.0 | North Carolina is the ninth largest state in the US by population and is forecast to have a top six total |
| 1:09.8 | addressable market of potential sports betting customers. |
| 1:13.8 | Draft Kings, of course, is not the only player. |
| 1:16.4 | Bet MGM, Bet 365, Fanatics, FanDool, ESPN Bet, |
| 1:22.2 | Caesars Entertainment, and Underdog Sports all expect to have |
| 1:26.1 | sports betting apps live in the state to take wagers. |
... |
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