Fanatics considers $1bn betting advertising spend in USA
By The Weekly Edge desk · · Updated
Summary
Fanatics could increase its sports betting advertising spending to $1bn in the USA, Casino.org reported, citing chief executive Michael Rubin's comments to Bloomberg. The report describes the potential spending as part of an effort to challenge DraftKings and FanDuel.
Why it matters
Fanatics’ potential $1bn advertising spend would support its effort to challenge DraftKings and FanDuel in US sports betting.