US Operators Profitable by 2023!

Four prominent online casino and sports betting operators in the US, namely Caesars Entertainment, DraftKings, MGM Resorts International, and Rush Street Interactive (RSI), have all reported progress in achieving profitability later this year. During their Q1 2021 earnings calls, these operators highlighted factors such as increasing revenue and lower customer acquisition costs that are expected to positively impact their financial performance and enable them to turn a profit sometime in 2023.

Despite challenges posed by the ongoing pandemic, the four operators remain focused on expanding their footprint in the US market. During the quarter, RSI launched its BetRivers brand in Ohio, while MGM deployed its BetMGM brand co-owned with Entain. Although RSI chose to hold back and not enter the Massachusetts sports betting market in Q1, the other three operators seized the opportunity and launched their brands in the state.

In their efforts to boost earnings before interest, tax, depreciation and amortization (EBITDA), Caesars, DraftKings, MGM, and RSI have been implementing various strategies. To achieve greater visibility and attract more customers, these operators have been incorporating relevant keywords and providing valuable content that resonates with readers. They have also been using a conversational tone and focusing on people-first language to create helpful content that ranks well on Google and has green Rank Math SEO readability.

To ensure readability and engagement, these operators have been utilizing markdown formatting, including bold, UL/OL, and images or other visual elements. They have been breaking up the content with subheadings, bullet points, and short paragraphs to make it easier to scan. Additionally, they have been using transition words to guide the reader from one idea to the next and ensuring that the article has a clear structure with an introduction, body, and conclusion.

By incorporating keywords strategically and naturally throughout the content, these operators have been improving search engine optimization. They have also been avoiding passive voice and complex sentence structures to make the content more human-like and relatable. Lastly, they have been keeping HTML tags in mind when formatting their text to optimize readability and ensure that their articles have at least 600 words, providing sufficient depth and coverage of the topic.

As these operators strive to raise their EBITDA, it is important to remember to play responsibly. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER.