Quote:
Originally Posted by Jay Random
Meruelo needs to keep the Coyotes in Arizona to coin money off his gambling licence.
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At this rate, the Coyotes are likely propping up the gambling side of his business.
In the month of August (the most-recent month with reported data), they made a little over $5,000 in profit from their sports betting operations in Arizona:
https://gaming.az.gov/sites/default/...Aug%202022.pdf
In the same period, Draft Kings made just over $9 million and Fan Duel made just under $9 million. MGM made $5.5 million and Caesars made $2.5 million. All of the operators in the state combined to make over $27.5 million in August. Sahara Bets (Meruelo's company) barely surpassed $5,000.