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Now let¡¯s grapple with the cold, hard reality of trying to turn a profit. Assume a $1 bill represents each vertical ¡ª one for sports wagering, one for casino gaming. The industry standard hold for online sports wagering is 7%, which means our company will gain one nickel and two pennies for every dollar wagered on a sporting event on our site.
But it¡¯s not just the old fuddy duddies of the world who are keeping online casino legalization on the sideline; there are other issues.
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