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"Countless sports fans and bettors are avidly researching and interacting in real time on Twitter, which underscores the platform's effectiveness for customer growth and retention strategies at DraftKings," Stephanie Sherman, chief marketing officer at DraftKings, said.
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¡°From a marketing perspective, this is a gateway to lure avid sports fans into becoming more regular gamblers,¡± says Rick Horrow, chairman of Horrow Sports Ventures and a visiting expert on sports business at Harvard Law School. ¡°The idea of presenting free bets and bonuses may cut into revenues in the short term, but it adds to the possibility that people will become gamblers long-term.¡±
Since it launched internet gambling nine years ago, New Jersey's casinos have won $4.79 billion from gamblers online, according to the American Gaming Association, the casino industry's national trade group. That¡¯s nearly twice the $2.47 billion Pennsylvania casinos have won online since July 2019.

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