Twenty states have legalized sports betting in recent years and several others are trying to join the club.
"While we believe investors are generally aware of the opportunity, the stocks don't appear to be discounting it," says a Morgan Stanley analyst. Pennsylvania made sports gambling legal in 2017. New Jersey joined Pennsylvania in June 2018. More recently, Michigan's state government signed into law a series of bills that will allow residents to wager on sporting events next year. Montana, North Carolina and West Virginia are also among the 20 states that have legalized sports betting.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 things to know before the stock market opens on the first trading day of 2020U.S. stock futures pointed to a strong start to the first trading session of 2020 as Wall Street carried its momentum from 2019. Got Silver? Got Gold? Got Miners? What are you waiting for? Higher prices? 5 things .... 1 Buy Apple 2-buy AMD 3-buy Nvidia 4-buy LYFT 5-buy Chewy Brokerages are so fickle when it comes to price targets. Pretty certain they make these announcements as a form of market manipulation to get a short boost
Source: CNBC - 🏆 12. / 72 Read more »
Tesla stock price could surge 23% in 2020 according to one analyst - Business InsiderJed Dorsheimer of Canaccord Genuity, raised his price target to $515 from $375 Thursday, saying electric vehicles will 'only accelerate in 2020.'
Source: BusinessInsider - 🏆 729. / 51 Read more »