Best Stocks in Legal Sports Betting Market for Investment

Thursday, 28 March 2024, 12:45
The U.S. Supreme Court's decision to allow states to legalize sports betting has led to significant growth in the market. This post highlights DraftKings, Flutter Entertainment, and The Walt Disney Company as top stocks to consider for investment in the legal sports betting sector. These companies are poised for growth and profitability as the sports betting market expands.
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Best Stocks in Legal Sports Betting Market for Investment

Legal Sports Betting Market on the Rise

The sports betting market has seen rapid growth with the legalization in 38 states following the U.S. Supreme Court's decision. The industry is becoming mainstream, attracting a wide audience.

Top 3 Stocks for Investment

  1. DraftKings (NASDAQ: DKNG): Leading online sports betting platform focused on growth and market share. Recent financial performance indicates positive trends.
  2. Flutter Entertainment (LSE: FLTR): Parent company of FanDuel, holding a strong position in the U.S. and other markets. Diverse portfolio for market penetration.
  3. The Walt Disney Company (NYSE: DIS): Parent company of ESPN, entering the sports betting market with ESPN BET. Leveraging brand reach and financial backing for growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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