ATLANTIC CITY, N.J. -- As sports betting has swept across the country with states, casinos and consumers eagerly embracing a new gambling market, internet casino games have grown much more slowly.
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And expect the relationships between gambling companies and professional sports to grow even closer in the coming years. At Wrigley Field in Chicago, DraftKings is building a sportsbook, and it won¡¯t be long before fans at Citizens Bank Park and Wells Fargo Center have gambling kiosks that allow them to place bets. As technology improves, the speed of in-game betting will increase, allowing bettors to sit at a game and wager on the outcome of the next pitch, shot or play. Media outlets are expanding their gambling coverage and relationships. Every major network has an expert, and betting lines and data are presented before and during game broadcasts, if not on stand-alone betting shows. In July, the Inquirer announced a partnership with Better Collective, a sports media group that will provide gambling content, data and stats through its subsidiary, the Action Network.
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McIngvale placed several bets totaling $10 million during the season on his hometown team, the Houston Astros, winning the World Series. The sports bets act as insurance, as he offers refunds to buyers should a certain team win a title.
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