Google and Facebook will be big winners if casinos 'scorch the earth' on marketing after the federal ban on sports betting was overturned (FB, GOOGL)
Tuesday, 15 May 2018 **
· *The Supreme Court's ruling that a nationwide ban on sports betting is unconstitutional could mean added advertising dollars to Google and Facebook. *
· *If companies like DraftKings and FanDuel could have a larger market, they'll want try to acquire more users and spend more ad dollars on Google and Facebook. *
Casino stocks are rising Monday after the US Supreme Court ruled a 1992 federal ban on sports betting is unconstitutional. The opportunity now arises for many more businesses across the country to open up casinos and racetracks, giving customers a market to place money on sports. In 2017, analysts...
According to a casino industry survey released on Thursday, it is looking like the result of legal sports betting has the four major U.S. professional sports leagues possibly collecting a combined $4.2..