These Were the 3 Best Sports Betting Stocks of 2020
Closing down of casinos and offline betting places because of the wave of covid 19 also impacted the betting industries and even the economy of the region. But people are now leaning towards the much more secure and safer alternative i.e. online betting platforms such as
sbobet 88
. People find warmth and security by sitting in their homes and earning by gambling. The industry saw US betting rising to $2.19 billion in September from $1.85 billion in August, while its monthly betting rose to $3 billion. DraftKings, MGM Resorts International, and the undisclosed GAN Limited are the top three sports places for betting according to myself. Let's take a closer look at them.
1.Draft kings
Draft King is one of the greatest dream sporting events. You will position your bet and earn appropriate reimbursement. Betting alone amounted to $91,8 million, up 86.9% from a year earlier in November 2020. Pro forma sales of the Draft King amounted to 42% at 133 million dollars, and monthly unique users rose 64% to 1 million dollars. Revenues in 2021 are now estimated to amount to $750 million, up 45% from the 2020 guideline.
2.MGM Resort
The physical presence of the MGM resort gives it the advantage over other fully online companies. It provides mobile betting applications on professional football, scorer, baseball, hockey, etc. It can provide both sports betting and casino games. Also, it helps in boosting the economy and online gambling business.
3.GAN Limited
GAN limited is working and building the entire infrastructure, unlike other websites that are only working on their apps. Its software services include player identity validation, payment services, regulatory reporting, and even some game content which will provide benefit to them in the future.
2020-12-22 20:23:14, views: 193, Comments: 0
Post new
My articles
Deals Facebook
Google plus
Deals Twitter