Las Vegas Casino Player Wants to Expand the Betting Tent
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Sports betting accounts for between 30% and 40% of the worldwide gambling market. In June 2018, sports gamblers wagers $310 million for the month. By October 2021, that number jumped to $7 billion. The increase is directly tied to the 2018 Supreme Court decision to strike down a 1992 federal law that banned commercial sports betting in most states. Caesars, MGM, DraftKings and Disney have their own online betting platforms. Fifth Street Gaming wants to expand the marketing of their business.
Fifth Street Gaming launches JefeBet.com, a Spanish language sports betting and media portal. FSG Digital is the online gambling subsidiary of Fifth Street. Fifth St. has already produced hundreds of concerts with Mexican and Columbian artists, Mexican rodeos, and food festivals. Jefeb. com's content team will be located in Argentina, Mexico, Chile and the site's articles and wagering insights will focus on American sports leagues. Sports gambling is legal in six of the 10 states with the highest Latino populations.
