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and according to the gambling news portal, it is expected to generate between billion and billion worth of sports wagers annually, while producing 0 million a year in gross operator revenue.The state will now most likely see a drop in sports betting revenues, perhaps a drastic one, due to the NCAA canceling March Madness and the NBA postponing their season due to the coronavirus.According to Gouker…“With the NCAA Tournament just ahead, the timing of the launch is good, but it would have been better if both retail and online sports betting could have launched together....
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Most likely going into April, the sports betting numbers will take a drastic dip as there will be nothing to wager on.k.a March Madness, which is one of the busiest betting events of the year....
The sports world has seen major changes over the past few days as the National Hockey League and Major League Soccer join in to shut down games as the virus continues to spread. But much work remains, particularly with the launch of online sports betting still months away, if Michigan is to reach its potential as a market.Tuesday’s approval by the Michigan Gaming Control Board was just in time for the NCAA Men’s Basketball Tournament, a....
