NetworkNewsAudio – SinglePoint, Inc. (SING) Takes Aim at the Budding Sports Betting Market

Related Editorial
A recent change in United States law has led to a gold rush in the gaming industry as numerous companies scramble to set up sports gambling operations.

The U.S. Supreme Court’s overruling of 1992 gambling legislation essentially makes sports betting widely legal throughout the country. Casinos are moving to make the most of this by opening sports books. Technology companies are also exploring possible revenue avenues through online gambling apps. The United States is set to see a $3–$5 billion take in the global sports betting market within a few years — a market already worth an estimated $40 billion.

One of the new players in the sports gambling space is SinglePoint, Inc. (OTCQB: SING) (SING Profile), a tech company focused on innovation that has invested in gambling app StakeHaul. In the world of big gambling, casino companies such as Caesars Entertainment Corp. (NASDAQ: CZR) are exploring ways to add sports gambling to their existing entertainment rosters. MGM Resorts International (NYSE: MGM)already provides sports gaming alongside traditional betting options. Following suit, Penn National Gaming, Inc. (NASDAQ: PENN) has started offering sports betting at some of its casinos, as has Boyd Gaming Corp. (NYSE: BYD), which is also entering the online gambling space.

To hear the NetworkNewsAudio version, visit http://nnw.fm/gJV48

To view the full editorial, visit http://nnw.fm/X0LJn

About SinglePoint, Inc.

SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com

About NetworkNewsAudio

NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.

For more information, visit www.NetworkNewsAudio.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From sports.morningdispatcher.com

Shadab Khan ruled out of series against England with illness

Apr 26, 2019

ISLAMABAD — Pakistan leg spinner Shadab Khan was ruled out of next month's one Twenty20 and five-match one-day international series against England due to illness on Sunday. Leg spinner Yasir Shah, who has taken 23 wickets in 24 ODIs, will replace Shadab for the series, which begins May 5 with the only Twenty20 game at Cardiff on May 5. The ODI series starts May 8. "The tests revealed a virus that will require treatment and rest for, at least, four week," the Pakistan Cricket Board said in a statement on Shadab. The PCB didn't reveal the exact nature of Shadab's...

Widows, ace guide to climb Everest to honor Sherpas

Apr 26, 2019

KATHMANDU, Nepal — Five years after one of the deadliest disasters on Mount Everest, three people from Nepal's ethnic Sherpa community are preparing an ascent to raise awareness about the Nepalese mountain guides who make it possible for hundreds of foreign climbers to scale the mountain and survive. Kami Rita, a renowned climber who lived through the 2014 ice avalanche on Everest's western shoulder that killed 16 fellow Sherpa guides, aims to break his own record by reaching the mountaintop a 23rd time this spring. Furdiki Sherpa, who lost her husband in a mountaineering accident, and Nima Doma, whose husband...

Mohammad Amir dropped from Pakistan's World Cup squad

Apr 26, 2019

ISLAMABAD — Pakistan dropped out-of-form fast bowler Mohammad Amir and included 18-year-old paceman Mohammad Hasnain in its 15-member World Cup squad on Thursday. Amir's exclusion came after the left-armer took only five wickets in 14 ODIs since Pakistan won the Champions Trophy in 2017. "Amir is the most experienced bowler but his performance was not good enough since the Champions Trophy," chief selector Inzamam-ul-Haq said. "Hasnain will be a surprise package as he bowls at a speed of 150 (kph) and could win a match for Pakistan on his own. With such an express pace he could put a dent...

PCB governing board members walk out on meeting

Apr 26, 2019

ISLAMABAD — A meeting of the Pakistan Cricket Board ended abruptly Wednesday when five of its seven members walked out after their ideas to restructure the domestic game were dismissed. The five members presented a signed resolution which said departments and regions in the country should remain part of the domestic cricket setup. They also wanted the appointment of Wasim Khan as PCB managing director to be declared "null and void." Last month, Pakistan Prime Minister Imran Khan — a former playing great who is also the patron of the national governing body — had directed PCB chairman Ehsan Mani...

India leaves out Rayudu and Pant for World Cup

Apr 26, 2019

MUMBAI, India — Vijay Shankhar and Ravindra Jadeja were picked for India's World Cup cricket team on Monday while Ambati Rayudu was left out. The squad was named by chief selector MSK Prasad after meeting with skipper Virat Kohli. Rishabh Pant also missed out while the experienced Dinesh Karthik was chosen for the tournament in England. "After the Champions Trophy (in 2017) ... we did give a few more chances to Rayudu but what Vijay Shankar offers is three dimensions," Prasad said. The chief selector said Shankar's "fantastic fielding" also went in his favor and if the conditions were overcast...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress