The 5 stocks set to soar from the U.S. sports betting boom

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Here's five stocks primed to benefit from the U.S. sports betting boom

Industry heavyweights have been clamoring to make the most of the huge opportunity ahead after a year ago last month the Supreme Court relaxed a federal law banning sports betting.

U.K. gambling companies, experienced in sports betting, have struck lucrative partnerships with U.S. giants across the pond. On Wednesday GVC reported 16% online revenue growth in the second quarter, helping to offset U.K. retail woes. Eldorado’s $17.3bn deal to buy rival gaming group Caesars Entertainment last month has further boosted the U.K. company.

 

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