Caesars, DraftKings, Score Media Picked as Canada Sports Bet Winners
In a widely anticipated move, Canada passed single-game sports wagering Tuesday. Wall Street analysts moved swiftly to highlight gaming equities positioned to capitalize on the new, potentially lucrative market. Score Media advertised at the Nasdaq market site. Analysts see it as a big winner on Canada single-game sports betting. (Image: CNBC) The list includes US-based operators such as BetMGM, Caesars Entertainment (NASDAQ:CZR), DraftKings (NASDAQ:DKNG), Penn National Gaming (NASDAQ:PENN), as well as Toronto-based Score Media & Gaming (NASDAQ:SCR). The Safe and Regulated Sports Betting Act (Bill C-218) was passed by Canadian senators, and after it’s signed into law, it heads to the country’s provinces for local implementation. Ontario, the largest province, …