Who do you guys think will corner the Sports Gambling Market for US? It's still early so probably a good time to be looking into that. So far I have found The Stars Group $TSG which is worth about 5 billion currently.
They have acquired something called Sky betting which is a big UK sports betting platform. The site is horrendous looking to me. This happened on July 18th.
The past month they are down 24% which is $9 off the high. they are up 50% this year. P/E ratio is 82.5 which could mean investors are pretty optimisitc that Sky betting will do well for them. Still trying to get down my interpretations of P/E.
More relevant to US, They also own Poker Stars, Full Tilt poker,
Submitted August 16, 2018 at 10:25PM by HunterRountree https://ift.tt/2KW6Bag
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