Investors Split On Potential For Tech Giants To Dominate Sports-Betting Industry

From small one-person start-ups to casino giants, excitement for the growth potential in the sports-betting industry is sky high, but a question that looms over that excitement is the possibility of a global technology powerhouse or another major brand deciding to crash the party.

Over the course of three days of discussions at the Sports Betting USA Conference and Investor Summit in New York this week, a consensus of industry analysts and executives have estimated somewhere between $6bn and $8bn in a more mature sports-betting market by 2024.

But some investors are already looking ahead to the potential growth being so high that the industry becomes more appealing to major companies, such as Amazon, Apple, and Google, whether it be as a partner or a more direct route.

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