Dave Portnoy says the day-trading revolution will slow down once sports return and people go back to work, but gambling analysts aren't so sure
Aram Green has crushed 99% of his stock-picking peers over the last 5 years. He details his approach for finding hidden gems — and shares 6 underappreciated stocks poised to dominate in the future
Scott San Emeterio, chief executive and founder of of BallStreet Trading, said: "Robinhood started a movement by focusing on the next generation of potential traders. They changed the status quo by focusing on a more gamified experience to attract younger traders. We are seeing a retail revolution within technology that makes it easy, accessible and fun to trade."
Online platform Robinhood has seen a surge in account openings, with more than 3 million new accounts created this year. Robinhood has more than 13 million users, with an average user age of 31. Denis Ehling, business litigation partner at Blank Rome, said: "I would certainly expect some punters to remain active in the stock markets, if only because the stock markets offer different opportunities for big gains than what is available in the typical sports betting markets."Experts also pointed out that the risks of a second wave of infections hitting the US is going to lead to fewer people going to casinos and force operators to change their digital models.
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