Wall Street debates whether the sports betting market will be big enough to support the stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

New for subscribers: Wall Street debates whether the sports betting market will be big enough to support the stocks Check out CNBCPro today.

The entrance from the elevators, designed to resemble a tunnel entering a stadium, is pictured at the new DraftKings office in Boston on March 25, 2019.Everyone on Wall Street seems to agree that sports betting is about to become a big business in the U.S., but how big is a matter of debate.

Estimates of what the total addressable market for sports gaming will be in a decade vary widely among analysts and investors. The midpoint is in the range of $20 billion annually, supported by firms like Cowen and Credit Suisse, but projections can swing by 50% or more in either direction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro They shoulda started covid19 sports player pool Min. $10 per player 3 for $25 Pick the player who you think will covid 19...And Win

Pro NBA and NFL are now political tools... the sport is long gone....like the fans. they got what they wanted - they're the only ones who matter - to themselves. RIP

Pro Future of Education 👩‍💻❤👩‍🎓 Marketplace for online microcredentials OpenLearning to solve a skills shortage

Pro Australian government to build microcredentials marketplace. PwC recommends partnerships between industry and government with MicroCreds. Young people giving up on their dream job.

Pro Stock price and charts for ASX: $OLL OpenLearning=ASX: $OLL Half year results. Top ASX Stock Picks for October 2020 OpenLearning (ASX:OLL) is a company with a massive global reach

Pro Economic recovery will be built on educated upskilled workforce We know from experience, economic downturns lead to upturns in demand for education. An undisclosed amount of government funding will be invested in Micro-credentials.

Pro ASX Investors point of view, OpenLearning. Stimulus package increased funding for Defence, industry and micro credentialing OpenLearning STOCKHEAD GROWTH

Pro I am trying to help my kids, everyone and the economy at the same time. As a researcher I have a deep passion for education, even though I have dyslexia and didn't do good in school myself🤦‍♂️ 🤔Education and upskill retaining, should be the 1 priority for our economic recovery.

Pro Micro-credentials are being used everywhere now, they are the tools that companies are going to, so people looking for work or employees wanting to advance, can properly present their skills to employers.

Pro WHY do LITTLE CHINESE GIRLS......RUN in TERROR when they see HUNTER?

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These stocks pay healthy dividends and have share price upside, according to Wall Street analystsThese 10 stocks have at least 10% upside to consensus price targets and pay some of the highest dividends in the S&P 500, according to Wall Street Analysts. Pro nice Pro If Wall Street analysts are sharing this information with the public, these stocks are already played out. Pro Future of Education 👩‍💻❤👩‍🎓 Marketplace for online microcredentials OpenLearning to solve a skills shortage
Source: CNBC - 🏆 12. / 72 Read more »