Market Update:High-Risk Business Boom In Sight
Forecasts for high-risk businesses are rosy. Expect a boom in the next few months, particularly for the gambling industry.
This industry is still as vibrant as ever despite the crackdown of the US government on certain big personalities of online gambling. The arrest of David Carruthers, former chief executive of BetOnSports, for racketeering and failure to pay excise tax on wagers taken from US gamblers, has not made as big a dent on the industry as was expected. The US still holds its position as one of the biggest gambling markets in the world. According to the American Gaming Association, the United States contributes $12 billion to the online gambling industry.
» Read More
