Tag: Bank of America

Bank of America projects US$1.1 trillion US sports-related event contracts market

10 April 2026 at 7:01am UTC-4
Bank of America has projected that the US market for sports-related event contracts could reach approximately US$1.1 trillion in annual volume, highlighting the growth of ...

Bank of America warns of credit risk associated with prediction markets and sports betting

27 November 2025 at 6:50am UTC-5
The Bank of America has warned lenders may face greater credit risk as consumers increase spending on online betting and event-trading platforms. According to Bloomberg, the ...