Nasdaq offers technological solutions to sports betting operators

Nasdaq has decided to apply technology originating from financial markets to sports betting to make the systems run more smoothly, Axios writes. Nasdaq partnered with horse racing clubs, including the biggest racing club in Asia—Hong Kong Jockey Club. The bets made there amount to 50 per cent more the bets in the entire U.S. This business is so huge that its taxes equal 8 per cent of the Hong Kong government's revenue.

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