Amid a global pandemic that has collapsed more than 100,000 businesses and decimated entire sectors, one industry has ballooned to be bigger than Twitter, Facebook, WhatsApp, Instagram and SnapChat combined.
It’s thought to be 10x bigger than the marijuana industry.
Some people think its total legal and illegal spending worldwide is approaching $2 trillion, and it’s still growing strong in complete defiance of the pandemic.
Welcome to the global sports betting industry, where merger mania is creating crisis-resistant powerhouses.
And as sportsbooks are still pulling in tens of millions of dollars every month during the pandemic, one off-the-radar consolidation play offers some real opportunities:
The first phase of the growing online gaming and sports betting industry was all about getting the tech right. The second phase is about bringing it all together.
A pioneer early entrant leader in sports betting technology is hitting Phase II hard, with major acquisitions…CLICK for complete article