Monday, August 27, 2018

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You'll Never Believe How Big This Insider Says Sports Betting Will Be

baseball mitt with money You'll Never Believe How Big This Insider Says Sports Betting Will Be You'll Never Believe How Big This Insider Says Sports Betting Will Be By Jack Delaney , Associate Editor, Money Morning • Your email address will not be published. Required fields are marked * Sign me up for the Money Morning newsletter The U.S. Supreme Court struck down the federal law that banned sports betting in May, and we didn't wait to find the biggest profit opportunities. Money Morning Economist Garrett Baldwin helped our readers make an 82% return in less than a month from Dover Downs Gaming & Entertainment Inc. (NYSE: DDE ). And we're expecting even more double-digit and triple-digit profit opportunities to present themselves thanks to sports gambling . To get an idea of just how big this industry will be and which investments have the most potential, I wanted to reach out to an insider. Bill Pascrell III is a partner at Princeton Public Affairs Group, and he's an internationally recognized authority on legal sports betting. There was no better person to ask about this new billion-dollar frontier… What This Insider Just Told Us About Sports Betting Will Blow Your Mind I wanted to know exactly how much the sport betting industry would be worth, and Pascrell gave me two important projections. "The legalized and regulated U.S. sports betting industry will see upwards of $150 billion annually in revenue.

For the original version including any supplementary images or video, visit https://moneymorning.com/2018/08/21/youll-never-believe-how-big-this-insider-says-sports-betting-will-be/

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