Trends with Benefits #21 with Patrick Keane: It’s Game On as Sports Gear Up Again
August 04, 2020
Listen Time 34:44 MIN
Game On
When we recorded this episode in early March 2020, COVID-19 was just becoming a thing as were elbow greetings, such was the way Patrick Keane and I greeted one another in our studio. Little did we know, this was to be one of our last recorded episodes in studio before the shutdown. Sports hadn’t been canceled yet and we all hoped this virus would be short lived. Shortly thereafter, sports were canceled, uncertainty reigned and we decided to sideline this episode.
Fast forward a few months and some sports are starting to make their way back, as are the sports books. Today, 22 states and Washington D.C. have legalized sports betting. So, now we’ve decided to release this episode because, while some references may be dated, the underlying trends haven’t really changed. More states have legalized sports betting, sports leagues are seeing the benefits of engaging with sports bettors and mobile technology is helping usher in this new era. So, while things may have been on hold for a few months, it’s now game on as sports start to gear up again.
To stay up-to date on sports betting legalization in the U.S. check out Action Network’s handy state-by-state tracker on their website. They have compiled a comprehensive look at all 50 states (plus Washington D.C.), with projected legalization dates for every state.
Trend or Fad
Listen for Patrick Keane’s take on virtual reality, cord cutting, cryptocurrency, and coordinated team touchdown dances.
Follow Ed Lopez @ThatEdLopez on Twitter and Patrick Keane @phkeane on Twitter.
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IMPORTANT DISCLOSURES
Please note that Van Eck Securities Corporation (an affiliated broker-dealer of Van Eck Associates Corporation) may offer investments products that invest in the asset class(es) discussed in this podcast.
The views and opinions expressed are those of the speaker(s) but not necessarily those of VanEck. Commentaries are general in nature and should not be construed as investment advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Any discussion of specific securities/financial instruments mentioned in the commentary is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indices mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. Information on holdings, performance and indices can be found at vaneck.com.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.
Van Eck Associates Corporation
IMPORTANT DISCLOSURES
Please note that Van Eck Securities Corporation (an affiliated broker-dealer of Van Eck Associates Corporation) may offer investments products that invest in the asset class(es) discussed in this podcast.
The views and opinions expressed are those of the speaker(s) but not necessarily those of VanEck. Commentaries are general in nature and should not be construed as investment advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Any discussion of specific securities/financial instruments mentioned in the commentary is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indices mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. Information on holdings, performance and indices can be found at vaneck.com.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.
Van Eck Associates Corporation