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GameStop’s Next Move: Could a Shift to Sports Betting Be Their Best Bet?
GameStop (GME), once the go-to gaming retailer, finds itself at a critical crossroads. With $4 billion in cash reserves and a rapidly declining brick-and-mortar business model, the company must decide how to move forward in an era dominated by digital downloads and cloud gaming. While some suggest acquisitions or doubling down on their current operations, the boldest and potentially most lucrative option could lie in an unexpected direction — sports betting.
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