Thanks. One thing concerning me about the industry is the lack of geographic diversification. Every operator in my top 5 is >95% US by site traffic. For whatever reasons, other countries are served by different operators. (Bet 365 is possibly the biggest for Europe and the non-US Americas.)
If it ever happens that the offshores are somehow prohibited from the US, it could be fatal to them. I don't suppose it's likely. As you noted, crypto has been beneficial to their operations. But you never know what Trump will come with if a lobbyist gets to him, and Republicans are not typically gambling friendly.