The variety of state legislation in sports gambling is an economists dream case study.

$DKNG $PENN $MGM $SCR
1/6

Limiting the number of operators/skins and higher taxes on profits/revenue will likely trickle down to worse payouts for consumers in certain states (i.e NJ better payouts than NY)

2/6

Will worse odds create a new, "black market" where consumers place large bets across state lines?

3/6

How hard is it to text a friend to place a bet in a state with better odds/payout?

4/6

Will this cause states with stricter legislation to overestimate how much they generate in tax revenue?

5/6

I look forward to seeing how this market unfolds over the next 5 years.

6/6