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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)

Business Insider Tuesday, 15 May 2018
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)**

· *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. *
·...
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News video: Play Ball! Casino Stocks Take A Flyer As Sports Betting Ban Deemed Unconstitutional

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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...

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