Chasing a Multibillion Dollar Opportunity From Your Barstool
October 22, 2020 at 10:45 AM EDT
By VanEck Despite the pandemic shutting down live sporting events for most of the second quarter in 2020, according to the American Gaming Association (AGA), revenue from legal sports betting through July remains up 19% year-over-year, partially due to legal sportsbooks going live in 12 states over the past year. 1 Q1 2020 outperformed Q1 2019 by a whopping 49%, and it would not be unreasonable to once again reach this level of growth with the return of major sports leagues and events. 2