The sports betting industry has seen incredible growth over the past few years. Sports betting aims to enable bettors to earn huge profits, where they can place bets on various sports such as baseball, basketball, football, tennis, horse racing, and many more. There are many operators and investors available in the market who are planning for launching their sports betting business with the best sports betting software development company. They help businesses in developing effective betting platforms and offer a wide variety of betting options to their users. According to the statistical record, the sports betting industry will reach 155.9 billion by 2024 with the CAGR 12% between 2020 and 2025. Due to the expansion of virtual reality, competition increases, regulation changes, and various new businesses are established in the market, this causes various opportunities for operators and investors.
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Showing posts from September, 2020
How are stock-market benchmarks performing?
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The Dow Jones Industrial Average DJIA, -1.57% DJIA, -1.57% traded 443 points, or 1.6%, lower at about 27,851, and was down at 27,771 at the session’s lows. The S&P 500 index SPX, -1.78% fell 82 points, or 2.4%, at 3,373; while the Nasdaq Composite Index COMP, -2.39% traded 470 points lower, or 4.1%, at 10,975. On Thursday, the Dow ended with a loss of 807.77 points, or 2.8%, at 28,292.73, after dropping more than 1,000 points at its session low. The S&P 500 closed 125.78 points lower, down 3.5%, at 3,455.06. The Nasdaq Composite tumbled 598.34 points, or 5%, to end at 11,458.10. The declines marked the biggest one-day drops for all three indexes since June. The fall came a day after the S&P 500 claimed its 22nd record close of the year, while the tech-heavy Nasdaq Composite arrived at its 43rd such all-time high and the Dow topped the 29,000 level for the first time since February. Thursday’s fall snapped a four-day win streak for the Nasdaq and a 10-day run of gains for t...