Very interesting. Didn't know about GAN but it does look similar, both in terms of business model and in terms of chart. Both sell the software to run the systems. Illinois recently opened sports betting and, I think, started with a London group operating out of New Jersey. Just looked and now it seems there are five options in IL: Draftkings, Fanduel, WilliamHill and PointBet. DKNG is clearly the 800 pound gorilla. Hopefully, Bragg can grow into something competitive enough to give it a run for their money. That would be cool to watch. But this is Illinois, so it will, no doubt, require a lot of grease.
The lottery angle is truly remarkable. A digital form would save a fortune and keep everything cleaner. My dad told stories of the numbers runners on the streets of Chicago in the 1940s, going business to business; the old system of lottery games. Again, getting that contract will take a lot of grease.
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