sportsbettingstocks
When it comes to gambling stocks, there are many different ways to get exposure. Some stocks provide exposure to regional casinos, while others are focused more on online gambling. Still others are more focused on sports betting. There is also the question of geography, as each company has exposures to different markets.Q3 2020 hedge fund letters, conferences and moreSo how do you choose from among the many different gambling stocks? We're going to discuss sports betting stocks and why you might want to consider sports betting stocks alongside or instead of regional casino stocks.What are some...
ValueWalk
When it comes to sports betting stocks, the one that usually comes to mind is DraftKings, but it isn’t the only game in town. DraftKings’ biggest competition in the U.S. could be FanDuel, and while FanDuel doesn’t have its own stock, it is owned by another company that does.Q3 2020 hedge fund letters, conferences and moreSome investors might want to consider Flutter Entertainment as an addition to or replacement for DraftKings. However, as with all stocks, there is always going to be risk associated with investing in them. Investing in the sports betting market right now is a bit of a gamble a...
ValueWalk
Gambling has a rich and storied history in the US. Lotteries were the first legalized form, but over the years, the activity diversified and spread, and so did the anti-gambling movement, making it illegal in most places. It wasn’t until 1929 and the stock market crash along with the Hoover Dam project that led to the legalization of gambling in Nevada. In recent times, gambling laws are experiencing a renaissance of sorts worldwide and in the US, and gaming stocks soar.Q2 2020 hedge fund letters, conferences and moreAccording to statistics, the US gambling industry contributes $137 billion to...
ValueWalk
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