GIULIETTA TALEVI: Sports betting locked down? No problem — welcome to the stock market
More people have been investing in the US bourse since the market dropped steeply because of the Covid-19 pandemic. Some say the new investors are attracted because they miss the excitement they used to get from placing a bet on their favourite team
If you’ve ever thought that buying and selling shares is just a skip away from landing on red or black at the roulette wheel, this read (https://www.ft.com/content/4be0d6d3-ccab-48df-83e4-0b726273ccac) will probably do little to disprove that view.
Denied their sports-betting fix since all sporting events were cancelled in the wake of Covid-19, punters who would have gambled on the outcome of an NBA basketball play-off, say, have instead turned to the biggest casino of them all: the US stock market...