3 Stocks to Buy in Sports Betting [The Motley Fool]
Scientific Games Corp (SGMS)
Last scientific games corp earnings: 2/18 04:01 pm
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Source: The Motley Fool
3 Stocks to Buy in Sports Betting Since the Supreme Court opened the door for states to legalizing sports betting in mid-08 Here's a look at how the industry is shaping up and where investors should look for the best bets in sports-wagering Image source: Getty Images. How sports betting will work The sports betting industry will work a lot like casinos today. There are the companies that take the bets (casinos) and are the front-facing view consumers get. And then there are the infrastructure companies behind the scenes, such as slot-machine and table-game makers. Both groups are regulated in each state, and they can leverage their position to serve as wide an audience as possible. While regulations vary by state, this is a good start for understanding the industry. As we look at partnerships in sport betting, this backdrop will be important. Infrastructure companies are trying to offer as many services as possible to those with sports betting licenses, which has led to a lot of conso
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