Wall Street Lunch Brings Updates on March Madness Wagering and Astera Labs IPO

Monday, 18 March 2024, 17:38

The NCAA basketball event known as March Madness is set to have a substantial impact on sports betting, with an estimated $2.72 billion legally wagered, surpassing the Super Bowl in terms of sportsbook betting volume. Intel-backed Astera Labs has made adjustments to its upcoming initial public offering, signaling potential market interest and growth.
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Wall Street Lunch Brings Updates on March Madness Wagering and Astera Labs IPO

March Madness Sports Betting Impact

March Madness is predicted to draw immense betting action, with $2.72 billion in wagers expected, surpassing even the Super Bowl for sportsbooks.

Astera Labs IPO Update

The size adjustment of Astera Labs’ IPO hints at increased market attention, possibly indicating strong investor interest in the company.


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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