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While gambling companies seek out new ways to engage eager young bettors, states profit, via ever-increasing tax revenues. Meanwhile, after fighting betting for decades, leagues and teams have tied themselves closely to it, to increase their profits. The Sixers have a sponsorship deal with Fox Bet. The Eagles have three sports betting partners. Phillies broadcasts feature in-game odds and various wagers through PointsBet. On Phillies pregame shows, hosts discuss whether prop bets could hit.
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Gambling¡¯s reach will continue to spread. Starr¡¯s Bankroll restaurant will no doubt be a hit. After opening a sportsbook at Chickie¡¯s and Pete¡¯s in Malvern, BetPARX is aiming to bring its Turf Club betting parlor to the Chickie¡¯s spot in South Philly.
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Perhaps regulation costs are cutting into slots providers¡¯ and casinos¡¯ bottom lines. After all, more regulated online gaming markets exist than ever before.
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