Brandt has had conversations with casino operators who made it clear they¡¯re trying to attract younger audiences. ¡°The best way to do that is sports gambling,¡± he says.
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On Tuesday, the Broadway League spelled out exactly how awful a notion this is, in a letter that its president, Charlotte St. Martin, distributed to the trade group¡¯s more than 700 theater producers, presenters and general managers ¡ª a salvo aimed directly at the pitch to New York state officials for a ¡°Caesars World Times Square¡± at 1515 Broadway, smack dab in the heart of theaterland, between West 44th and 45th Streets. It¡¯s one of several bids for three new casino licenses the state has authorized for the New York City region, and are expected to be awarded next year.
While gambling companies seek out new ways to engage eager young bettors, states profit, via ever-increasing tax revenues. Meanwhile, after fighting betting for decades, leagues and teams have tied themselves closely to it, to increase their profits. The Sixers have a sponsorship deal with Fox Bet. The Eagles have three sports betting partners. Phillies broadcasts feature in-game odds and various wagers through PointsBet. On Phillies pregame shows, hosts discuss whether prop bets could hit.
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