Andre, the sports bookie who educated me about his business while we shared a row on a transcontinental airline flight, explained ‘hedging’ to me. Further, he pondered whether online influencers could constitute a substantial threat to the integrity of the business – a question that is unanswered, but perhaps increasingly important. Read about it in NASPL Insights September 2019.
How different is the business of running a sports book from the business of running a lottery? I started to find out, when Andre explained how he lost millions on Super Bowl 53!