Sports Betting Handle Reaches $119.8 Billion in the U.S. in 2023
Transcript
00:00 (upbeat music)
00:03 - $119.8 billion was the handle
00:07 for legalized sports betting here in the United States.
00:10 Rick, is this just a sky shot to the moon here?
00:13 Are we gonna continue this upward trend here?
00:15 - Moon, Mars, Jupiter, Saturn, Pluto,
00:20 the new planets they say they discovered.
00:24 I don't know where those are,
00:25 but someone's gonna find them
00:27 and someone will bet on those planets.
00:29 So look, the bottom line is the consolidation is near.
00:33 FanDuel, DraftKings, obviously,
00:35 look at ESPN, Bet, and Penn Gaming
00:36 and where they've been.
00:38 And it's up to a network to make sure
00:41 it rises above the pack and provides information
00:45 mixed with normal business
00:47 so people can evaluate all of these deals
00:49 because they get competitive out there,
00:51 they get rough out there.
00:52 Don't make bets because people give you promotional dollars.
00:56 Make bets because you have a serious amount of information
01:00 from the only network that's out there
01:02 that makes any sense.
01:03 And that is SportsGrid, ladies and gentlemen.
01:06 (upbeat music)
01:08 [Music]