5 Likely Winners In A Booming $400 Billion Gambling Market - InvestingChannel

5 Likely Winners In A Booming $400 Billion Gambling Market

An estimated $400 billion black market is about to go mainstream.

No, I’m not talking about legal cannabis.

It’s illegal sports gambling.

And it’s all thanks to the United States Supreme Court.

In May 2018, the Court struck down a U.S. Federal law that prohibited legal sports gambling, ruling that it was unconstitutional. Sports gambling can now be authorized and regulated by the States, not by the Federal Government.

And it’s triggered a potential sports gambling revolution.

In October, the state of New Jersey handled more than $250 million in bets, a 41% increase from the previous month.

The Garden State is leading the way. Mississippi, Delaware, West Virginia, New Mexico, Pennsylvania, Rhode Island…the legal sports gambling world is growing by the day.

By 2022, sports fans …View the full post at: 5 Likely Winners In A Booming $400 Billion Gambling Market

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