AllSportsMarket (ASM) Breaks $1 Billion Ahead of U.S. Supreme Court Betting Case

HOLLYWOOD, Calif., Nov. 29, 2017 /PRNewswire/ -- On November 17, 2017, AllSportsMarket, the World's First and Only Sports Stock Market reached a combined market capitalization of $1,171,660,740 on the free learning and pilot markets. This represents an increase of more than 1,000% since inception.

Zack Ward, veteran actor and C.E.O. of Global Sports Financial Exchange, Inc., ASM's first California licensee says, "ASM's 1 Billion dollar market cap is a starters pistol for the future of sports and the fully regulated sports exchange that will change the economy and the world forever!"

"I really have a hard time talking numbers this big, unless we are talking about Wayne Gretzky," says the record holder for goals and points in a season for the Los Angeles Kings, Bernie Nicholls.  "A lot of things change over time and sometimes it doesn't look like the best idea until people get to try it out or see it for themselves. The fact we have hit $1 Billion dollars within our market cap just drives home the fact that people love to speculate on sports in a way that is different from the casinos and bookkeepers. I just cannot believe people can take our sports and turn them into something that does not allow the players to just play. This kind of thing ticks me off and I truly wish the true sports fans on this planet would start to see the light. Fantasy sports ruins the fan experience and sports betting turns 'throwing games' into a level of reality that I myself as an athlete cannot even fathom. We need to protect the integrity in sports and we need to do it NOW!"

On Monday December 4, 2017, the United States Supreme Court will take up the issue of national sports betting with the "Christie II" case.  ASM filed an amicus brief in the case here:

https://www.thenewsportseconomy.com/2017/09/09/nos-16-476-477-in-the-supreme-court-of-the-united-states/

The New Sports Economy Institute, ASM's parent company, is a 501(c)(3) non-profit with the mission of transforming society through sports. The objective is to end sports gambling, create a strong economy with strong ethics and bring financial literacy to the masses via sports trading instruments. ASM operates under a royalty-free license from Crystal World Holdings, Inc.

For more information, please contact Jason Henry ? AllSportsMarket Media Relations

iPhone (705) 772-7066 or [email protected]

SOURCE AllSportsMarket