MGM exec: DraftKings and FanDuel have spent a lot to get where they are

Scott Butera believes MGM Resorts International is in a position to gain US sports betting market share in the long run. The casino operator has not made any early moves in New Jersey or Pennyslvania, while DraftKings and FanDuel have generated impressive results in those markets to date. The results have prompted industry analysts to discuss at length whether the two fantasy sports giants can be caught by their sports wagering rivals. However...