Quote:
Originally Posted by getbak
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. |
So in an average year if you stretch that out over 12 months, Sahara Bets makes about $60,000. That's about $20 million more than the Coyotes make at least haha.