Vegas is an entirely different business model. They cater the "whales" with comps and special treatment. Sports betting is just another app on your phone. Th

Vegas is an entirely different business model. They cater the "whales" with comps and special treatment. Sports betting is just another app on your phone. They make their money at scale through millions of micro transactions. Sports betting has virtually no infrastructure cost. You don't need to build restaurants or fancy casinos to attract people. It's money extraction stripped to its bare essentials.