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Originally Posted by Hambletonian
at the end of the day, legal sports betting will not spread because the profit margin is so thin it is not worth the financial or political capital to try and work it through
it is just an attractive amenity...
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But it's deeper than that. Even if sports betting is a loss leader do you know how much admissions, parkings, food and alcohol will be served on a Sunday in October? They're going to make major money just by getting humans who want to bet sports into the buildings and if you make anything off the actual sports bets its gravy.
