Casinos & Gaming Sub-Industry Dividends Casino and gaming companies own and operate gaming, hospitality and entertainment resorts. They also operate hotels, casual and fine dining restaurants, nightclubs, cinemas, retail space and other leisure amenities. Dec 18, 2017 A casino ETF. Finally, if you prefer not to choose individual investments, there's a fund that specializes in casino stocks. The VanEck Vectors Gaming ETF. Publicly traded Casino companies. Find the best Casino Stocks to buy. A casino is a facility which houses and accommodates certain types of gambling activities. The industry that deals in casinos is called the gaming industry. Cryptocurrency ETFs have been popping up recently in the stock market and offer a promising avenue to invest, with potentially high ROIs. For all of you who don’t know what an ETF is, a cryptocurrency ETF (exchange-traded fund) is a collection of securities—such as cryptocurrency stocks—that tracks an underlying index. Exchange-traded funds, or ETFs, are hybrid investments that are passively managed. They track an index and their investments are not picked by people, unlike mutual funds.
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Nothing in ETF Channel is intended to be investment advice, nor does it represent the opinion of, counselfrom, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under nocircumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be heldliable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and ETF videos powered by Market News Video. Quote data delayed at least 20 minutes; ETF data powered by Ticker Technologies, and Mergent. Contact ETF Channel; Meet Our Editorial Staff.More U.S. states are legalizing sports betting, opening up a new market, and investors could capitalize on the increased wagers on sporting events through a gambling-focused ETF strategy.
Wall Street analysts argue that rising trend of legalizing sports betting could be a great opportunity for investors in 2020, CNBC reports.
In 2017, Pennsylvania was the first state to legalize sports gambling, with New Jersey following after in June 2018. Since then, a number of states have also relaxed gambling regulations, including Montana, North Carolina and West Virginia among the 20 states that have legalized sports betting.
As more states legalize sports betting, action could help boost state revenues, and it could make certain gaming stocks more attractive in the new year.
“While we believe investors are generally aware of the opportunity, the stocks don’t appear to be discounting it,” Morgan Stanley analyst Thomas Allen said in a recent note.
U.S. sports gambling revenues
Allen pointed out that U.S. sports gambling revenues are projected to surpass $800 million this year from $249 million in 2017, but gaming stocks are still falling behind the broader market since the Professional and Amateur Sports Protection Act was repealed in May 2018.
“We do not believe investors have been willing to underwrite sports betting yet, but if we enter a new mini cycle, we expect investors will start to pay attention more in 2020,” Allen added, estimating that the sports betting market could reach $7 billion in revenue by 2025.
BJK
James Wheatcroft, an equity analyst at Jefferies, is even more bullish on sports wagers, projecting the U.S. sports betting market to grow to $13 billion by 2023 and adding. That estimate, “which looks increasingly conservative” given how fast states are moving to legalize sports betting, he added. “However, conservatism is prudent given the time between legalization and implementation could be 12 months.”
Clean Energy
As a way to capture the potentially growing market, ETF investors can look to the VanEck Vectors Gaming ETF (NasdaqGM: BJK). The fund tries to reflect the performance of the MVIS Global Gaming Index. For index eligibility, companies must generate at least 50% of their revenues from gaming. Gaming includes casinos and casino hotels, sports betting (including internet gambling and racetracks) and lottery services as well as gaming services, gaming technology and gaming equipment. However, potential investors should keep in mind that this is a global gaming ETF, with the U.S. making up 45.9% of the portfolio.
Casino Gaming Etfs
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