Sports Betting Apps Cut Ad Spending as California Legalization Looks Grim
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Like their best customers, professional gambling operations know when to fold.
Major sports betting apps like DraftKings, FanDuel, and BetMGM are pulling back on broadcast advertisements supporting Proposition 27, a ballot measure that would legalize online sports betting in the Golden State, The Wall Street Journal reported Monday. With polls showing little support, Prop 27 isn't looking like an ace in the hole.
Source Fool.com
