Justin’s note: Today, we turn to Strategic Investor editor E.B. Tucker for more on one of the year’s biggest investment opportunities: the legal sports betting market.
E.B. has been following this trend since May 2018, when the Supreme Court opened up the floodgates to this new, multibillion-dollar industry.
In today’s essay, E.B. shows us why the once illegal sports betting market will be as lucrative as selling alcohol… why it will be bigger than the entire legal marijuana space… and most importantly, how early investors can stake a claim…
By E.B. Tucker, editor, Strategic Investor
Last year, I showed you how the Supreme Court ushered in a new, billion-dollar marketwith its landmark ruling on sports betting in May 2018.
Just to catch you up, the case revolved around something called the Professional and Amateur Sports Protection Act (PASPA). It outlawed sports betting across the U.S. The only exceptions were states such as Nevada that already had sports betting laws on the books.