China, Real Estate, General Motors, and Roblox (Podcast)
Bloomberg Intelligence
00:00
The Future of Vegas Sports Betting
Sports betting has only been about 2% of gaming revenue. That's very different than online, which is really not as big in Nevada. It's very big in states like New York and New Jersey. So the growth of that business,. I mean, it's a long-term growth story, right? It's longer term. To get to the 500 million to a billion dollar in long-term annualized EBITDA potential they see from this deal will take some time to get there.
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