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¡°Sports gambling is no longer taboo,¡± says Luke Beshar, VP of insights and analytics for Team Whistle, a New York-based sports and entertainment media company that targets the under-35 audience. ¡°In the past, it was reserved for Vegas, and there was a social stigma about it. Now, it¡¯s a way to engage and get skin in the game as people are watching the game.¡±

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Since 220,000 others bet his parlay, FanDuel could have faced an atomic payout.
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Levant says it¡¯s ridiculous to have states, which benefit financially from sports gambling, regulating the industry. He says that while gaming companies may have messaging about betting responsibly, their goal is to make money. The only way to do that is to attract more gamblers who will bet more frequently. ¡°If you¡¯re going to have sports gambling, you can¡¯t have the regulator also be a partner of the companies,¡± he says.