FanDuel CEO says gambling site is working closely with NFL to ensure Super Bowl is gambled on responsibly
Summary
FanDuel CEO Amy Howe discussed the company's close collaboration with the NFL to ensure responsible gambling during the Super Bowl, a major event for betting. She emphasized that legal gambling sites like FanDuel provide a layer of protection by detecting suspicious activity in real-time, citing the Terry Rozier betting scandal as an example where FanDuel identified and suspended nefarious behavior five hours before the game. Howe highlighted the importance of legalizing sports betting to bring the significant black market activity—estimated at $675 billion—into the open. Currently, 39 states and Washington D.C. have legalized sports betting, generating substantial revenue for states like New York. Despite the growth, a significant portion of the US, including California which is hosting the Super Bowl this year, remains without legal sports betting. FanDuel is currently seeing significant action on a Seahawks victory and a high-scoring game.
(Source:Cable News Network)