Helping to grow revenue (and ad dollars) is the continued legalization of sportsbooks by states. Last month Massachusetts became the 36th state to legalize sports betting (Washington D.C. has also legalized it). Massachusetts joins Maine, Ohio, Nebraska, Kansas and Florida as states that have legalized gambling but has yet to enact any regulations.
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As a high-profile company, DraftKings has been involved in a couple of publicized incidents related to payouts ¡ª including one in January, when it took a full day to settle prop bets made by gamblers who pounced on news about Draymond Green¡¯s playing status. DraftKings eventually paid the rightful winners in the Green situation, but not before stirring up angst among some bettors.
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