Just how big will legalized sports wagering in America be upon full roll out? Big. Very big. In fact… YUGE. Wizards owner Ted Leonsis, who has been rabidly pro-gambling for a while now, tells CNBC the market could be bigger than Wall Street. And given the fishy nature of how some companies report earnings, hide bad company news, etc. – while letting investors and institutions “bet” on those companies’ futures – then maybe betting on an NBA game is a more honest proposition. Maybe. Now the wheels are in motion on how to regulate all of this new activity, and I would predict it’ll be a rough ride at first.
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