While everyone is looking to the renowned stocks that have been in the exchange market for decades, some investors are shifting their focus on the online iGaming industry.
- Best Online Gambling Stocks 2020
- Best Online Gambling Stocks 2020 Ytd
- Best Online Gambling Stocks 2020 Philippines
Market value: $77.2 billion Shopify (SHOP, $658.89) has rocketed higher in 2020, with SHOP stock gaining 66% year-to-date as the Canada-based e-commerce solutions provider takes full advantage of. Revenue in 2020 is expected to grow 3.4% to $1.8 billion, with earnings rising 14% to $0.88 per share. Despite the growth, Kronos shares trade almost 40% below their five-year average P/E ratio. Top Online Gambling Stocks To Buy Or Avoid In 2020: DraftKings Inc. The first gambling stock on this list is DraftKings Inc. (DKNG Stock Report). DraftKings is a fantasy sports and sports betting website. The site allows you to put money into many different leagues such as the NFL, NHL, NBA, MLB, and many more.
Most of us have by now tried betting on sports or playing online casino games. Recently, this is one of the industries that have been escalating at an alarming rate across the globe.
Besides the level of new gaming technology like mobile casinos, and live dealers giving this industry much support for visibility, the introduction and legalization of gambling in most countries have also contributed to its growth. But have you ever thought of investing in this industry as an investor?
Well, it is quite easy, and online casino is a fast-growing market as more and more countries legalize iGaming on the internet. From Canada, Sweden, China, the US, to the UK, the stocks might turn out to be a good investment. Here are ten iGaming stocks that everyone can invest in (this being intended exclusively for information purposes):
1. Ladbrokes – GP.22
This is another gambling stock that you can invest in that is on the London Stock Exchange. It is a benchmark in the United Kingdom when it comes to online betting. It is one of the most solid companies across the globe in this industry that has made its stocks very stable. After a close analysis of its 10 years in the stock market, experts call it a conservative investment.
Most of us have by now tried betting on sports or playing online casino games. Recently, this is one of the industries that have been escalating at an alarming rate across the globe.
Besides the level of new gaming technology like mobile casinos, and live dealers giving this industry much support for visibility, the introduction and legalization of gambling in most countries have also contributed to its growth. But have you ever thought of investing in this industry as an investor?
Well, it is quite easy, and online casino is a fast-growing market as more and more countries legalize iGaming on the internet. From Canada, Sweden, China, the US, to the UK, the stocks might turn out to be a good investment. Here are ten iGaming stocks that everyone can invest in (this being intended exclusively for information purposes):
1. Ladbrokes – GP.22
This is another gambling stock that you can invest in that is on the London Stock Exchange. It is a benchmark in the United Kingdom when it comes to online betting. It is one of the most solid companies across the globe in this industry that has made its stocks very stable. After a close analysis of its 10 years in the stock market, experts call it a conservative investment.
2. NetEnt – NETB
This is another high-quality software provider in the virtual casino world. Every tester in Canada, usually go to this company as a quality seal. Although this company joined the gambling sector a little bit late compared to the others, it has been at the forefront when it comes to online casinos and popular slots. Its stocks in the Stockholm Stock Exchange has been doing well after overcoming stiff competition from the other companies in the market.
3. Stars Group – TSGI
Have you ever heard of PokerStars? This is the head and the hub of some of the largest poker sites across the globe. On the internet, it is one of the best gambling companies when it comes to its coverage. With its expertise in the field, it has positioned itself as one of the leading and key players in this industry. But, its stock and shares in the market have been volatile. It is on the Toronto Stock Exchange and it is good for the professional traders.
4. LeoVegas – LEO.ST
Over the past five years, this has been one of the most successful gambling company in Sweden. One of the things that giving LeoVegas a footing in online gambling is its smartphone casinos with the most popular one being Leo Vegas Casino. It has been making it possible for gambling fanatics to play their favorite online slots using their mobile phones. It is on the Nasdaq Stock Exchange.
5. Kindred Group – KIND-SDB Casino veterinary clinic st charles.
These stocks and shares from the Kindred Group are on the Stockholm Stock Exchange. It is one of the great companies with various betting sites revolving around sports, online casinos, bingos, and poker. Unibet happens to be the trademark of the Kindred Group which so is the largest betting site in sports globally.
6. Caesars Entertainment Corporation – CZR
For many years, this has been a landmark in the gambling industry. It has recently turned out to be one of the most interesting stocks to put your money. It is one of the leaders in the gambling industry that most investors are watching and aspiring to invest in.
7. MGM Resorts International – MGM
If you are a conservative investor and don't want risks around you, then you can decide to go with MGM. It is trying to get to US betting which will definitely spearhead its stocks and entire market share. It is one of the gambling stocks that has a great presence in China and has been doing well from one year to another.
8. Scientific Games – SGMS
It is one of the stocks that have gained online dominance and beat stiff competition around online casino gaming. It has been a significant company in providing digital gaming services, content, and products. As an infrastructure provider, it has all the chances of growth in this market making it a good stock to watch.
9. International Game Technology – IGT
Best Online Gambling Stocks 2020
This is another innovative casino gaming company that is increasing and expanding its digital gaming expertise across the globe. Its live streaming avenue of Dynasty Electronic Table Game (ETG) will provide more games for its players like blackjack and the famous baccarat. With such kind of innovations, definitely, its stock will grow to make it a great gambling stock to put your money in.
10. Playtech – PTEC
This Israel based software developer is one of the popular casino software providers across England. It has its stock listed on the London Stock Exchange. Playtech is an expert in online casino gaming has released over 500 games. It uses some of the most advanced technology in virtual casinos. Considering the vast and fast growth of the gambling industry, if you are an active investor, then you can consider one of the above gambling stocks.
DISCLAIMER:
Best Online Gambling Stocks 2020 Ytd
News, data and statement included in this article is intended exclusively for information purposes.
It should not be considered a recommendation for the purchase, retention, or sale of the securities referred to herein.
It's no secret anymore that gaming, or esports, is big business and that trend should continue in 2020. That said, investors should keep gaming-focused ETFs on their watch lists for the new year.
'Today, the gaming industry is not just about a time-killing fun thing, in fact, it is now a million-dollar worth industry,' a Business Matters article noted. 'With mobile gambling apps and online video gaming platform, you can make thousands of dollars in no time. There are certain ways through which you can make money through this industry and live a life of fortune.'
The article went on to note that areas that will continue growing within the gaming sector include development, content creation, in-game sales, online coaching, and esports careers.
'Making money in the eSports industry is a highly obtainable goal, all you need to do is find the correct option you are passionate about and take the risk, the article added. 'Without risk, no one can ever be successful therefore it is the time to do something and make a fortune from eSports.'
ETF investors willing to play the gaming sector in 2020 would be keen to check out these 4 funds:
- VanEck Vectors Video Gaming and eSports ETF (NasdaqGM: ESPO): With over $56 million in assets under management, ESPO is the biggest of the four. It seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Video Gaming & eSports Index. The index is a global index that tracks the performance of the global video gaming and eSports (also known as electronic sports) segment.
- VanEck Vectors Gaming ETF (NasdaqGM: BJK): BJK is runner up in terms of size with over $27 million in assets. The fund seeks to replicate as closely as possible the price and yield 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.
- Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSEArca: NERD): NERD doesn't have the asset size of the first two funds, but it's still worth a look given its current price of $15.74 as of Dec. 18. It seeks to track the total return performance of the Roundhill BITKRAFT Esports Index, which tracks the performance of the common stock of exchange-listed companies across the globe that earn revenue from electronic sports, or esports related business activities.
- Defiance NextGen Video Gaming ETF (NYSEArca: VIDG): VIDG is the smallest in terms of assets under management, but still worth a look. It seeks to track the total return performance of the BlueStar Next Gen Video Gaming Index, which consists of a modified market capitalization-weighted portfolio of the stock of companies whose products or services are predominantly tied to video gaming.
Best Online Gambling Stocks 2020 Philippines
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