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The growth of sportsbooks and casinos has occurred rapidly in recent years. This is believed to continue for the foreseeable future; the reason for this belief is that it¡¯s connected to the growth of online casinos. Sportsbooks and casino venues are popular amongst many gamers; this makes them a beneficial cross-sell opportunity for venues. Additionally, casinos that sponsor major sporting events will likely earn a return on investment. Casinos benefit from cross-selling¡ª which is the ability to sell multiple products to a single customer. Because of this, sports fans are easy prey for casinos; they transition from watching games to playing casino games like blackjack, roulette, and poker. Additionally, both sports teams and venues benefit from casino sponsorships. This won¡¯t change anytime soon. Sports teams need money to operate like a business. They obtain this money through significant revenue generated by important relationships. Since sports teams are like businesses, they require sponsorships from other companies.

CHICAGO - City officials and Bally¡¯s Corp. leaders aimed to allay some concerns from residents about the planned transformation of Medinah Temple downtown into a temporary casino at a community meeting Tuesday evening.
On the consumer protection front, Wells said there would be "inevitable confusion in the marketplace" if or when betting platforms with temporary licenses suddenly cease operations.


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Featherstonhaugh is a lobbyist and minority owner of Saratoga Casino, which is a racino, or video lottery terminal parlor with an adjacent harness racing track.

"There's always an element of luck, because you don't know what the turn of the card will be. However, it's like the cream rises to the top. The better players, over time, will make more money than the people who are just goofing around or haven't studied the game," Allyn said.
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