Las Vegas Raiders owner on sports betting and prediction markets
Las Vegas Raiders and Aces owner Mark Davis may run his business in America’s gambling capital, but he’s not a fan of sports betting.
In an interview with CNBC’s Michael Ozanian, Davis expressed his concerns about the rapid expansion of sports gambling, particularly proposition bets, which are wagers on specific events during a game that aren’t necessarily tied to the eventual outcome.
Watch the full interview on the CNBC Sport podcast in related video.
