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Caesars Entertainment and Monmouth Park both received permission to launch online sportsbooks last week, while the Tropicana Atlantic City and The new Hard Rock Hotel and Casino are expected to launch their own sportsbooks later this year. FanDuel and DraftKings, two well known online brands, have also partnered with existing casino gaming license holders to launch their own online sportsbooks in time for kick-off, with Fan Duel partnering with The Meadowlands racetrack and DraftKings teaming up with the newly opened Resorts Casino Hotel. According to the American Gambling Association as cited in a 2015 article in Forbes magazine, Americans spent over $95 billion wagering on NFL and college football games illegally back in 2014. A number that industry insiders say has only gone up since. The legal sports betting market in the U.S. is estimated to be worth over $150 billion and set to generate between $3.1 and $5.2 billion in revenue for sports book operators by 2023, according to a report form industry analysts GamblingCompliance .
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