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Here's How Much the Sports Betting and Gambling Market Could Be Worth

TheMotleyFool

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Here's How Much the Sports Betting and Gambling Market Could Be Worth

Since going public in 2020, DraftKings (NASDAQ: DKNG) has been a market-beating investment. It officially merged with a special purpose acquisition company in April 2020 and since then has risen around 150% vs the 68% increase for the S&P 500. This performance is attributable in large part to the expansion of gambling legalization in the U.S.

In this video from Motley Fool Backstage Pass, recorded on Oct. 25, Fool analyst Clay Bruning talks about gambling legalization and the size of the market. Spoiler alert: It's big and getting much bigger.

Source Fool.com

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