Jim Cramer Is Bullish on Sports Betting Despite New Tax Measure in Trump's Megabill. Here's Why

Jim Cramer is bullish on sports betting despite new tax measure in Trump's megabill. Here's why

CNBC's Jim Cramer on Wednesday reviewed how a new tax measure in President Donald Trump's megabill could impact sports betting names.

New state tax laws are reshaping the online sports betting market and challenging operators

The online gambling market in the U.S. has experienced a huge amount of change in the last decade. The legalization of online sports betting is happening across multiple states. Consumers are now able to access a wide range of platforms and betting experiences. This has resulted in a considerable amount of revenue from the industry. In reaction to this rise, many states are enforcing new tax laws that operators must abide by. So let’s take a loo…