The potential impact of sports betting on the stock market was recently emphasized in an article authored by Dion Rabouin and Kendall Baker on Axios.com titled ‘Sports bettors may be a driving force behind the stock market surge’. Among other highlights, the article states that, “Day trading has replaced sports betting as a form of entertainment for many Americans during the shutdown, and this phenomenon could partly explain the current disconnect between the economy (down) and the stock market (up).”
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About Axios
Axios’ three co-founders — Jim VandeHei, Mike Allen and Roy Schwartz — launched the company in January 2017 based on this shared belief: Media is broken, and too often a scam. Axios gets you smarter, faster with news & information that matters. For more information, visit www.Axios.com.
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