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There was a palpable level of excitement when a fund from ETF provider ARK made its debut investment in betting and gaming last week via a small-ish slug of DraftKings stock. The news helped send the DraftKings share price up 9% on Tuesday. There are also some very revealing books that offer insight not only into how sports bettors think, but also about how sportsbooks themselves think.

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The company gained access to the Arizona market through a partnership with TPC Scottsdale. In addition to launching its online and mobile offerings in Arizona, plans call for a retail DraftKings Sportsbook at TPC Scottsdale, an annual stop on the tour for the Waste Management Open.

New Jersey, Colorado, Pennsylvania, West Virginia, and several other states use a model that allows sports betting apps to operate in partnership with a brick-and-mortar casino operator. Louisiana online sports betting will launch in 55 of the state’s 64 parishes in the first week of January 2022.

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