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¡°At the end of the day, we see that the model is not sustainable,¡± says Jason Angelides. ¡°Companies are paying a large bounty, up to $2,000, to acquire a customer and bring them to their apps. Then they provide no differentiation of product. The majority of gaming apps are very similar.¡±


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Casinos initially had the same concerns when New Jersey launched internet gambling in Nov. 2013. Luisa Woods is vice president of Delaware North, the gambling, hospitality and sports company that owns casinos in New York, Arizona, Arkansas, Florida, West Virginia and Ohio.
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