2 Sports Stocks Poised for a Bull Run
In the three years since the U.S. Supreme Court legalized sports betting in the U.S., the opportunity is already starting to pay off big for investors.
In March alone, some $4 billion was bet on sporting events with U.S. sportsbooks, and New Jersey is poised to become the first state to accept $1 billion in wagers in a single month. Online betting itself could become a $22 billion market in the next few years, and Goldman Sachs analysts forecast that U.S. sports betting overall will be a $40 billion market by 2033.
It is an opportunity that will generate a lot of winners, but the two sports stocks below look particularly poised to take advantage of that bull run.
Source Fool.com
