Morgan Stanley Cuts Predictions of US Online Gambling Industry in Half

morgan-stanley-logo-75x56The reputable financial firm based in the United States, Morgan Stanley, has made a statement that the company is cutting down by nearly half the expectations of the US online gambling industry. In their last year’s report Morgan Stanley predicted that the US iGaming industry would have a value of $5 billion by 2020. However, after they have considered some recent events, slow improvement and negative issues, the company lowered their estimate to $2.7 billion.

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