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SportsTranscript
00:00All right, let's wrap it up. We've got a couple of minutes to go. FanDuel, not only known for sports betting, also known for casino betting. A story here I read over at Legal Sports Report about the progressive jackpots and some expansion as far as how much money you can win there. What does it all mean?
00:16Yeah, it's a pretty simple story. But again, we talked about Ohio potentially legalizing this. This is FanDuel. They rolled out, yeah, progressive jackpot product in three of the online casino states, Michigan, Pennsylvania, New Jersey, I believe.
00:29And it basically just allows users who are on the online casino platform to bet an additional 10 cents to go into a giant jackpot and then could win it.
00:38And it's, I think, just another way to potentially generate more revenue if you're FanDuel in the long run or just general consumer engagement.
00:47I mean, they're trying their hardest to increase the casino usage. We'll learn more today in an earnings report that Sam, I'm sure, will talk to you about on Friday.
00:57But yeah, they're trying to grow the online casino because that's a big revenue generator for this company.
01:02Get those consumers better engaged and sticking around on the site longer.