Despite most gambling tickers hovering near 52-week lows as recession warning sirens blare louder, the sports gambling sector could be an attractive play through the rocky economic environment, according to one analyst.
“The churn rates have been pretty low,” Macquarie Analyst Chad Beynon said on Yahoo Finance Live recently (video above). “The engagement, the retention of the tech that we’re seeing out there has been pretty good, and there haven’t been any new companies to come in the…
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