Originally <a href='http://www.sportsbookreview.com/forum/showthread.php?p=22564831'>posted</a> on 09/08/2014:

Quote Originally Posted by existential View Post
it'll never top 10 cents and will only move lower over time. the shift out of the black markets into highly efficient, regulated markets will increase liquidity and volume.

more volume = more margin dollars and more tax revenue. you don't pass on the costs to the consumer to make that model work. think large corporation methodology under free market conditions with tremendous competition! customer will play where it's the cheapest and where they feel confident. that creates a high transaction environment where the formula/model works.
No way juice will ever come down. If New Jersey politicians thing sports betting will save there economic woes in the casino bizz they are truly mistaken. Its more profitable for a casino to fill a spot with penny slot machines than a sportsbook. JJ CORRECT on this.