Requiem for a Sports Bettor

But the way the business is taking shape in the United States troubles many professional gamblers, including Spanky, who has invited me to Atlantic City so I can learn more about what he calls the “dying art form” of bookmaking. In the less than one year that bookmaking has been legal in New Jersey, a number of European companies have swooped in to offer their services to the racetracks and casinos licensed to book sports bets. DraftKings, the daily fantasy sports company that has pivoted into bookmaking in New Jersey, has signed a deal with Kambi Group, which is headquartered in Malta and takes a similar approach to so-called sharp players.

Source: www.theringer.com