Investment Firm Estimates $200M Loss if College Player Props Banned

  • 📰 Covers
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 59%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

College sports accounted for nearly 15%, or $1.6 billion, of the total $121 billion wagered in 2023, according to JMP.

Banning college player props in U.S. legal sports betting markets would cost the industry $200 million, according to a recent report from an investment banking and asset management firm. “Prop betting has served as a diversification away from traditional game results in recent years to protect against negative sporting outcomes, accounting for nearly half of bets across all sports in recent quarters,” the report stated.

The report suggests that if bettors can’t access college player props on regulated sportsbooks, they will find other ways to place those wagers.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 341. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Santa Monica Pier's Pacific Park sells to an investment firmThe amusement park on the Santa Monica Pier will receive an investment of $10 million for improvements and upgrades.
Herkunft: CBSLA - 🏆 552. / 51 Weiterlesen »

Chicago Ridge Mall sold to firm pledging ‘substantial’ cosmetic, staff investmentOfficials with Second Horizon Group said their investment plan for Chicago Ridge Mall will be significant and will focus on cosmetic upgrades, increases to onsite staff and investment in management…
Herkunft: chicagotribune - 🏆 8. / 91 Weiterlesen »

Morgan Stanley sees upside for these senior housing stocks as the U.S. population agesThe firm highlighted a pair of senior housing real estate investment trusts.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Buy this 'stealth' home improvement stock as housing market improves, Loop Capital saysThe underperforming retail chain carries a buy rating from the investment firm.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »