The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors.
Fans will flood into Phoenix on Sunday to watch Super Bowl LVII between the Philadelphia Eagles and the Kansas City Chiefs. And millions will be betting on the outcome—a total of $16 billion is expected to be wagered, according to the American Gaming Association.
While it’s too late to scoop up any sports betting stocks before kickoff, now is a good time to zero in on the industry and which companies are players.
Source: https://www.barrons.com/articles/super-bowl-sports-betting-fanduel-draftkings-stocks-winners-wager-odds-d7e8fbd4?siteid=yhoof2&yptr=yahoo