The sports betting business is not for the faint of heart, especially during the NFL season.
While some publicly traded companies worry about things like the unemployment rate, GDP growth, and trade relations with China, online gambling firms have additional and specific concerns, such as garbage-time touchdowns and seemingly meaningless field goals.
That’s because a massive amount of money will be legally wagered on the upcoming NFL season, or approximately $35 billion, according to the American Gaming Association. And that kind of cash poured into NFL sides, totals, and parlays can help swing a sportsbook operator’s results in a positive or negative direction on any given Sunday.
Here’s the official release…