— Philadelphia Eagles (@Eagles) September 6, 2018The NFL season opens on the evening of September 6, 2018, with the Super Bowl champion Philadelphia Eagles hosting the Atlanta Falcons.
Analysts have pointed to the start of the college and pro football seasons as the first real indication of the upside potential for casino operators, bookmaking companies and gaming platform developers in the wake of recent legalization of sports betting in several U.S. states. Reports on casino traffic and the popularity of in-game betting as football season starts may be indicative of the future market potential.
U.S. Senate Minority Leader Chuck Schumer and retiring Senator Orrin Hatch have said they will push for federal sports betting legislation, although full approval may take some time.
Companies looking to profit from sports betting include GVC Holdings (OTCPK:GMVHF), Boyd Gaming (NYSE:BYD), Caesars Entertainment (NASDAQ:CZR), Betfair (OTC:PDYPF), DraftKings (DRAFT), Churchill Downs (NASDAQ:CHDN), Fanduel (DUEL), International Game Technology (NYSE:IGT), Stars Group (NASDAQ:TSG), William Hill (OTCPK:WIMHY) and MGM Resorts (NYSE:MGM).
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