Markets expect US to legalise gambling this year

The US is being viewed as the next area of consolidation for European betting companies, with markets anticipating gambling legalisation to sweep the country over the next few years, writes Geoff Percival. 

A ruling on the future of the so-called Bradley Act — or the Professional and Amateur Sports Protection Act (PASPA) — which outlawed sports betting in the US, save for a few states, in 1992 — is due in the second quarter of the year.