Americans Bet Twice As Much On Sports Last Year As Amazon Earned, Anthony Pompliano Says: Stocks And ETFs In Focus

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Americans Bet Twice As Much On Sports Last Year As Amazon Earned, Anthony Pompliano Says: Stocks And ETFs In Focus Radhika Anilkumar Nadig Tue, June 30, 2026 at 10:31 PM EDT 6 min read AMZN DKNG Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Americans wagered twice as much on sports gambling last year as Amazon.com Inc. generated in net income. "Americans wagered 2x more money on sports gambling last year than Amazon made in net income," investor Anthony Pompliano said in a post on X. "That is insane," he added, comparing the scale of U.S. sports betting activity with the earnings generated by one of the world's largest companies. Americans wagered 2x more money on sports gambling last year than Amazon made in net income. That is insane. — Anthony Pompliano 🌪 (@APompliano) June 29, 2026 The Average Family's Finances Are More Complicated Than Ever. These Tools Aim To Make Them Easier To Manage. Think Your 'Safe' Stocks Protect You? You're Ignoring the Real Growth Triggers — Here's What to Add Now Pompliano cited data from Charlie Bilello , chief market strategist at Creative Planning, who said Americans wagered more than $165 billion on sports last year. Americans bet over $165 billion on sports last year, which is more than they spent on movies, books, concerts and sports tickets – combined. — Charlie Bilello (@charliebilello) June 28, 2026 DraftKings Inc and Flutter Entertainment plc , through its FanDuel brand, are the largest online sportsbook operators in the U.S., while MGM Resorts International and Caesars Entertainment Inc also operate sportsbook businesses. The industry has expanded rapidly since the U.S. Supreme Court struck down the federal ban on sports betting in 2018, allowing states to legalize wagering. Trending: Caught With Nothing Saved for Retirement? These 5 Game‑Changing Tips Could Still Save You Despite continued growth in sports betting activity, several listed sportsbook operators have underperformed this year. Shares of DraftKings have fallen 27.93% year to date and 40.08% over the past year, while Flutter has declined 52.27% and 63.54%, respectively. Exchange-traded funds also provide exposure to the sports betting industry. Roundhill Sports Betting & iGaming ETF holds companies including Flutter Entertainment, DraftKings and MGM Resorts. The ETF has declined 20.93% over the past year and is down 10.23% year to date. The Defiance Daily Target 2X Long DKNG ETF , meanwhile, offers leveraged exposure tied to DraftKings' daily performance and has fallen 60.03% so far this year. Think you're saving enough for your kids? You might be dangerously off — see why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast Building a resilient portfolio means thinking beyond a single asset or market trend. 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Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. Robotics and automation are becoming increasingly important tools for businesses facing labor shortages and rising operating costs. Miso Robotics develops AI-powered kitchen technology that is already being deployed in restaurant environments, with products designed to help operators improve efficiency and streamline operations. As artificial intelligence expands beyond software and into real-world applications, the company is positioning itself at the intersection of robotics, automation and the future of food service. Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you. Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 — fully managed, with no landlord headaches. For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000 , with only ~5% of opportunities passing their due diligence process. Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth. American Hartford Gold is a precious metals dealer that helps clients buy physical gold and silver coins and bars, either for direct delivery or within self-directed precious metals IRAs. The company's services include gold and silver IRAs, IRA rollovers, and home delivery of bullion, giving investors a way to use tangible metals to diversify portfolios and seek protection against inflation and market volatility.

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