I have a lot of predictions for 2019. Some are highly likely – like the Fed will raise interest rates. Others are more out there – along the lines of the U.S. legalizing marijuana. One of my highly likely predictions is that we’ll begin a new chapter in wireless technology. I’m talking about 5G. Nearly all of the major wireless carriers are set to begin rolling out the latest generation of technology. There will be many beneficiaries of this shift. Everything from autonomous vehicles to the Internet of Things (IoT). But one area that has been overlooked is the augmented reality and virtual reality industry.

Wanna bet? I do. And here it is: I bet that betting is going to be big. Just seven short months ago, the Supreme Court cleared the way for states to allow sports gambling if they want to. As states became free to decide if they want legal sports betting, it didn’t take long for several to move in that direction. In 2017, the only state that allowed true sports gambling was Nevada, where a total of $4.87 billion was wagered. That was peanuts compared to the estimated $150 billion bet through illegal bookies around the country. And it leaves a whole lot of room for this transition from illegal to legal sports betting to be a huge opportunity.