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ArkeryStarkery t1_izai12k wrote

Reply to comment by TheMobyDicks in A Sports Betting Proposal Heads to the Vermont Legislature by BudsKind802

Who owns DraftKings?

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wontonsoop78 t1_izanipj wrote

Draftkings is publicly traded.

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ArkeryStarkery t1_izapkcd wrote

Not quite what I'm asking, but that's certainly an answer. Let me try again: when you put money into DraftKings, where does it go? Looks like the CEO is a billionaire in Boston. Since one of the main objections in this post is that gambling drains money from a poor state and sticks it in rich people's pockets, it seems like "just bring in DK" isn't a great counter-argument.

Just like I'd rather have a shady weed dealer than a corporate dispensary run by some asshole pharma executive, I'd rather have the bookie in Burlington than the online monopoly run out of Boston.

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TheMobyDicks t1_izjgsb9 wrote

Through June of 2022 - at that point DraftKings had been operational for 19 months - NH raked in $44.2 million from the company.

Ummm...yeah. So there's that.

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ArkeryStarkery t1_izk5s6i wrote

Sure, and the big pharma companies pay some taxes to the states they sell weed in, too. Or rather, they charge sales tax, so their customers are really the ones paying taxes to the state.

Still rather have the shady indie.

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lantonas t1_izbfe0q wrote

Bernie can use his humble little summer camp's guest house to open a sports gambling hall. He can use all of the proceeds to build houses (instead of pods) for the homeless

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