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Wells Fargo Bets on Online Sports Gaming Boom

Wells Fargo Bets on Online Sports Gaming Boom

Author:

Global Cryptocurrency

Published:

2025-11-24 11:42:02

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BTCCSquare news:

The $53.8 billion online sports betting market, projected to grow at an 11.7% CAGR through 2030, has drawn institutional interest. Wells Fargo analyst Trey Bowers highlights ROIC potential in digital wagering platforms, noting their rapid adoption mirrors gaming's ancient roots—from Skara Brae's dice to modern mobile apps.

ResearchandMarkets forecasts the sector will NEAR $100 billion by decade's end, fueled by seamless tech integration and loosening regulations. 'The house always wins' appears truer than ever as public companies monetize this vice-to-vertical transformation.

By:

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