Previously, there was deep-seated political opposition to US sports betting. However, after PASPA (Professional and Amateur Sports Protection Act) was repealed four years ago by the Supreme Court, this was a game-changer, paving the way for states to legalize sports betting.
Now, there are dozens of states facilitating sports betting, with more in the pipeline set to roll out the red carpet. Online betting has become big business in the US, so let’s look at a couple of the big players trading on the stock exchange that has taken the market by storm.
DraftKings
First and foremost, DraftKings is one of the biggest DFS (Daily Fantasy Sports) juggernauts. Alongside FanDuel, DraftKings has experienced a meteoric rise over the past 12 months. The DFS arm of its product covers all the key markets, and the sportsbook has attracted a diverse array of investors, including MLB, FoxSports, and the Kraft Group.
With its aesthetically pleasing design, DraftKings has been at the vanguard of the US online sports betting revolution, and it continues to make strides. Moreover, the mobile betting app is conducive for iOS and Android users, and the app has been well received. Not only that, but there is a live stream available which is great for bettors who want to keep abreast of the action while on the move.
Recent financial results showed that DraftKings far exceeded its projected quarterly revenue figures, so that will be pleasing for investors. DraftKings has made an impact in many states, and it has quite a competitive welcome offer that will continue to attract swathes of new players in the months and years to come.
Caesars
Ceasars has become a byword for excellence, and it is inextricably linked to the Las Vegas casino world. Having recently reskinned and revamped the William Hill sportsbook, Caesars has become a haven for US sports bettors.
The online sportsbook is extremely user-friendly. You can place bets with minimal fuss, as well as navigate your way to play your preferred markets. With over 20 sports available on its roster, Caesars has its finger on the pulse, and it is one of the most respected sports betting brands. Aside from having a fabulous mobile betting product, Caesars has one of the most lucrative welcome bonuses around, consisting of a risk-free bet. So, there’s plenty for betting enthusiasts to enjoy when they wager at this site.
