Canadian Legalization Will Hurt un-regulated Books

[Oddsmaker]

This is a whole country unlike USA 15 states
Also un-regulated has heavy clientele in Canada

The un-regulated industry will condense and reshape itself next 5 years and maybe 7-10’top books left

 

[Wagerallsports]

Their juice is extremely high isn't it?

 

[Oddsmaker]

Yes but it the majority of people do not care which is bizarre

 

[BMR_Brad]

USA should take note and have feds introduce a national license.

 

[Oddsmaker]

state by state is silly

 

[BMR_Brad]

state by state is silly

In Australia it is state by state licensing. But all states honor all other states licenses.

But that just ends up in a bidding war to reduce the tax rate between states.

Canada has the right idea for the long term I think.

 

[Oddsmaker]

Fandual and DraftKings will dominate market like everywhere else

one of entities where there is a monopoly but legally

 

[ScottyBaseball]

it's going to take a long time before un-regulated gets hurt, IMO