Lack of Certainty in Sports Also Means Uncertain Times for Betting, Ticket Sales and Merchandising

August 4, 2020
Major League Baseball began its season on July 23, but the league has not hit it out of the park when it's come to coronavirus prevention. In just the first 2 weeks of the season, two teams - the Marlins and the Cardinals - have experienced outbreaks of the virus, and several other teams, such as the Phillies, have experienced extended time away from the field as a result. Sports betting platform DraftKings's stock is lower than it was when MLB began its season. Delano Saporu, Founder and Financial Advisor at New Street Advisors Group discusses the impact COVID-19 concerns have on business that revolve around sports, such as betting, ticket sales and merchandise.
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