Mark Cuban, the Shark Tank shark himself, is joining a group of investors in placing a large stake in a company called Sportradar AG, a sports data company that counts global bookmakers among its top customers.

The fact that Cuban and Jordan, both NBA owners, are getting involved -- and that NBA Commissioner Adam Silver has said repeatedly that he'd like for sports betting to be legalized and regulated in the U.S. (and for the NBA to profit from it) -- signals that major stakeholders are optimistic about the future of legalized betting in the U.S.

http://www.bloomberg.com/news/articl...tting-s-future