GNOG - Legal sports betting on the Super Bowl may top $1B - which stocks might win?
There is a stunning forecast in from PlayUSA on the volume of sports betting that could be seen with this year's Super Bowl game. The firm forecasted that the Super Bowl sports betting handle could top one billion in wagers to roughly double last year's tally. Betting on the game between the Los Angeles Rams and Cincinnati Bengals on February 13 will be legal in 30 states and Washington D.C. That list includes New York, which is off to a blistering start after sports betting became legal early in January. "More than half of all Americans now live in a legal jurisdiction, and even well-established markets such as New Jersey and Nevada have grown significantly over the last year as mobile betting gains in popularity," noted PlayUSA data analyst Eric Ramsey on the sports betting backdrop. Nevada is forecast to produce the largest Super Bowl handle with $175M, followed by
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Legal sports betting on the Super Bowl may top $1B - which stocks might win?