Industry giants are pouring money into ads and promotions and looking for new ways to attract new gamblers. Some smaller sports betting apps have also called it quits, unable to survive in an expensive, competitive landscape. said it would wind down Fox Bet, a wagering business it offered in partnership with Flutter Entertainment Plc. That’s made it hard for others to make inroads. Most of the betting occurs on either FanDuel or DraftKings. Today, gamblers in a large majority of the country can place bets on dozens of mobile apps known as sportsbooks without ever leaving their couch. All that changed in 2018 when the US Supreme Court allowed states to legalize sports gambling. Until just a few years ago, if you wanted to bet on a sporting event in the US, you’d have to either travel to Las Vegas or patronize an illegal bookie.
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