online gambling stocks 2020The market under appreciates the pull forward in US states’ plans to legalize online sports betting,” said Rippey in a note to clients.The increased legalization thesis is a familiar refrain among the analysts covering gaming and sports betting equities, and one that takes on increased credibility with states scrambling to generate revenue during the coronavirus pandemic.Fantastic ForecastsWhile there are lingering concerns about the costs DraftKings and rivals face to enter new markets and how that spending affects profitability, Rippey sees the percentage of Americans with access to regulated online betting soaring over the next couple of years.Today, about 10 percent of the US population is able to legally bet on sports online or via mobile devices. There’s a waiver on that mandate until at least Sept. Evercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. chukchansi casino pow wowThere’s a waiver on that mandate until at least Sept. But an agreement to that effect isn’t final.(Image: Alex Brandon/AP)Tourism, leisure, and commercial real estate have been some of the hardest-hit industries by the COVID-19 pandemic. casino quality roulette wheel for sale

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