The sports betting law signed by Gov. Charlie Baker in early August allows the Gaming Commission to issue sports betting licenses for the state's slots parlor, casinos and simulcast centers to take in-person bets. The law also allows those facilities to partner with mobile operators and for licenses to go to as many as seven other independent companies for mobile sports betting apps.





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Now let¡¯s grapple with the cold, hard reality of trying to turn a profit. Assume a $1 bill represents each vertical ¡ª one for sports wagering, one for casino gaming. The industry standard hold for online sports wagering is 7%, which means our company will gain one nickel and two pennies for every dollar wagered on a sporting event on our site.

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This is a difficult question to answer because online gambling is legal in some countries and illegal in others. It is also important to note that online gambling is regulated differently in different countries.
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