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Last month ended a streak of four consecutive months with decline in sports betting handle. The total sports betting handle last month was $80,037,045, up 2.2% from $78.3 million in July.
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The rollout of gambling options largely preceded the rollout of the risk-prevention resources. Some states have taken some important steps, but some have simply collected the enormous windfall of new tax revenue. Meanwhile, on the individual level, operators have enough funds to offer tempting cash bonuses for placing initial bets from new accounts. You certainly don¡¯t see that kind of offer for, say, new smokers.
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Sportsbooks are harnessing Twitter's influence for marking purposes, building large followings by showcasing improbable parlays that hit and advertising special deals for bettors like odds boosts. The sportsbooks also use their partnerships with professional sports leagues like Major League Baseball and the NBA to post highlights with a betting spin. FanDuel's sportsbook account @FDSportsbook has more than 214,000 followers; DraftKings' @DKSportsbook has more than 158,000 followers.