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Borgata Sportsbook opens today


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As opposed to now where they can do that from home on credit.

 

you're thinking about people already in that world

 

i'm thinking more about people that don't want to be on the shady/illegal side but still want some sports action... largely untapped market around here, out of 80,000 people at a packers game probably less than 1,000 have any kind of action on it and 50,000 want action on it

 

everyone already stares at their phones, just picture live betting at a jets/giants game

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you're thinking about people already in that world

 

i'm thinking more about people that don't want to be on the shady/illegal side but still want some sports action... largely untapped market around here, out of 80,000 people at a packers game probably less than 1,000 have any kind of action on it and 50,000 want action on it

 

everyone already stares at their phones, just picture live betting at a jets/giants game

Yeah. Half of males that watch football will probably wind up betting $10 at some point once gambling is in place.

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you're thinking about people already in that world

 

i'm thinking more about people that don't want to be on the shady/illegal side but still want some sports action... largely untapped market around here, out of 80,000 people at a packers game probably less than 1,000 have any kind of action on it and 50,000 want action on it

 

everyone already stares at their phones, just picture live betting at a jets/giants game

Eggzactly. I see no reason why many other states would not eventually surpass Vegas once the illegal tag is lifted..

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Eggzactly. I see no reason why many other states would not eventually surpass Vegas once the illegal tag is lifted..

Yes. They are going to vastly surpass Nevada because Nevada is a desert state that would barely have a population if not for Las Vegas.

 

This is going to be a whole new world. Online gambling when you please with ease and they are going to be advertising. Completely unchartered territory.

 

The only way they do not surpass Nevada is if they do a complete screw-up. But you can fix screw-ups. The long term on this is certain.

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i disagree about the percentages

 

huge population base right around new jersey that can cross the border

 

nyc has about 3 times as many people as the whole state of nevada

The percentage of gamblers in the population is going to be a lot lower than the people who are visiting Las Vegas. And most people who want to get more than $100 down per wager are a small percentage of sports bettors. Not many people are going to consistently drive or take the train for an hour or more to place $20 wagers. People here think it's going to be some giant windfall somehow but there's a reason there are only a handful of windows at the sports books there.

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The percentage of gamblers in the population is going to be a lot lower than the people who are visiting Las Vegas. And most people who want to get more than $100 down per wager are a small percentage of sports bettors. Not many people are going to consistently drive or take the train for an hour or more to place $20 wagers. People here think it's going to be some giant windfall somehow but there's a reason there are only a handful of windows at the sports books there.

 

you're right if it's only on-site at casinos/racetracks... heck just to get back into manhattan in the holland tunnel there is a $15 toll

 

i was thinking of the apps and people at games/etc... and you think there are less gamblers than visitors to las vegas? 

 

40 million visitors to las vegas each year...just potawatomi casino has almost 4 million visitors each year, that's just 1 casino in a relatively small city

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you're right if it's only on-site at casinos/racetracks... heck just to get back into manhattan in the holland tunnel there is a $15 toll

 

i was thinking of the apps and people at games/etc... and you think there are less gamblers than visitors to las vegas?

 

40 million visitors to las vegas each year...just potawatomi casino has almost 4 million visitors each year, that's just 1 casino in a relatively small city

Even when they get apps in NJ, they won't be able to bet unless they are physically in NJ.

 

Potawatomi is one casino with a monopoly in a city that has about half of the population of Las Vegas. It should be busy. There are about 500 places for locals to gamble in the Las Vegas valley including gas stations and grocery stores.

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Even when they get apps in NJ, they won't be able to bet unless they are physically in NJ.

 

Potawatomi is one casino with a monopoly in a city that has about half of the population of Las Vegas. It should be busy. There are about 500 places for locals to gamble in the Las Vegas valley including gas stations and grocery stores.

 

correct which means every person at a jets or giants home game

 

if we're counting gas stations, bars, and grocery stores then there are over 500 places to gamble in milwaukee/chicago... in case you haven't been here lately, illinois has set up all these dumb little casinos in gas stations where they have 5-10 slot machines... and every bar in milwaukee can have 5 terrible slot machines

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