Wall Street’s hot new bet: Betting on sports
The NCAA basketball tournament, aka March Madness, is nirvana for sports bettors. But it’s March Madness on Wall Street too, as the blue-chip S&P 500 index is wagering that legal gambling is a growing trend that’s here to stay. Casino companies Penn National Gaming, which has a big stake in Dave Portnoy’s Bartsool Sports, and
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