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How sports betting became legal thanks to a New Jersey horse track  VICE News

FanDuel Sportsbook Once again, the PPB backing could give FanDuel some advantages. “Paddy Power has a world-class trading team behind it. If you look at the margins that Paddy Power has, the revenue they do on a lesser scale means that their trading department is as good as it gets. All of this runs off the same platforms that Paddy Power itself runs off of. You will see us having, if not the most efficient lines, among them.” Prices at opening look to be very strong for NJ, including NFL lines at -110 and MLB lines generally between 15 and 25 cents. According to Bonaddio, interest will partially dictate FanDuel’s margins going forward.

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