In recent years, the world of sports gambling has expanded rapidly, attracting both seasoned investors and newcomers. With the rise of online betting and the legalization of sports betting in many states, exchange-traded funds (ETFs) focused on this sector have gained popularity. In this article, we will explore the 15 best sports gambling ETFs that provide investors with a chance to tap into this exciting market.
Key Takeaways
- Investing in sports gambling ETFs offers a way to diversify exposure in the growing gambling sector.
- The Roundhill Sports Betting & iGaming ETF is one of the largest, focusing on companies involved in online gaming.
- Many ETFs in this space include stocks related to casinos, sportsbooks, and gaming technology.
- As more states legalize sports betting, the potential for growth in this market continues to expand.
- Investors should consider the expense ratios and holdings of each ETF before investing.
1. Roundhill Sports Betting & iGaming ETF
The Roundhill Sports Betting & iGaming ETF is a great choice for anyone wanting to invest in the sports betting world without having to pick individual stocks. This ETF holds over 30 different stocks in the sports betting and online gaming industry, which means it gives you a broad view of the market.
One of the things I like about this ETF is its expense ratio of 0.75%. That’s not too high for a specialized fund like this. It’s a simple way to get involved in the growing sports betting market.
Here are a few key points about the Roundhill ETF:
- Diverse Holdings: It includes many well-known companies in the sports betting space.
- Global Reach: A significant portion of its investments is in international stocks, which makes it a bit different from others.
- Growth Potential: As sports betting continues to expand in the U.S., this ETF could see more growth.
If you’re looking for a straightforward way to invest in sports gambling, this ETF might be worth considering. It’s a good option for those who want to dip their toes into the market without taking on too much risk. Plus, I believe that verified investing can help retail traders achieve better results through financial learning, making it easier to navigate investments like this one.
2. Pacer BlueStar Digital Entertainment ETF
The Pacer BlueStar Digital Entertainment ETF is an interesting option for those looking to invest in the world of sports gambling. This ETF focuses heavily on online gaming and sports betting, which is a rapidly growing industry. It includes a mix of companies involved in sportsbooks, online casinos, and the technology that supports these platforms.
One of the standout features of this ETF is its international exposure. In fact, more than two-thirds of its holdings are in international stocks. This could be a great way to diversify your investments, especially as the U.S. market for sports betting continues to expand.
Here are a few key points about the Pacer BlueStar Digital Entertainment ETF:
- High exposure to online gaming: This ETF is a solid choice if you want to tap into the online gambling market.
- Diverse holdings: With a mix of international and U.S. stocks, it offers a broad perspective on the industry.
- Growth potential: As more states in the U.S. legalize sports betting, this ETF could see significant growth.
Overall, if you’re considering a small investment in sports gambling, this ETF might be worth a look. It’s a simple way to gain exposure to a sector that’s only going to get bigger in the coming years. Plus, with Goldman Sachs projecting a positive outlook for stocks, it could be a good time to invest!
3. Market Vectors Gaming ETF
The Market Vectors Gaming ETF is an interesting option for anyone looking to invest in the gaming industry. This ETF focuses on companies involved in gaming, including casinos and online gaming platforms. I find it fascinating how this ETF has a significant portion of its investments in international stocks, which makes up more than two-thirds of its holdings. This could be a great way to diversify your portfolio if you’re interested in gambling stocks.
Here are a few key points about the Market Vectors Gaming ETF:
- High Exposure: It has a strong focus on online gaming and sports betting, which is a growing market.
- Diverse Holdings: The ETF includes a mix of companies, from traditional casinos to online sportsbooks.
- Potential Growth: As the U.S. market for sports betting continues to expand, this ETF could see significant growth.
In my experience, having a small position in this ETF might be a smart move for investors who want a simple way to get involved in the sports gambling sector. However, it’s essential to keep an eye on market trends, especially since some bitcoin ETFs recently faced a $200 million outflow, which shows how quickly things can change in the investment world. Overall, the Market Vectors Gaming ETF offers a unique opportunity for those looking to explore the exciting world of gaming investments.
4. First Trust S-Network Streaming and Gaming ETF
The First Trust S-Network Streaming and Gaming ETF is an interesting option for those looking to invest in the gaming and streaming sectors. This ETF focuses on companies involved in online gaming, sports betting, and streaming services. I find it fascinating how this fund captures the excitement of both gaming and entertainment in one package.
One of the standout features of this ETF is its diverse holdings. It includes a mix of stocks from various companies, which helps spread out the risk. Here are a few key points about this ETF:
- High Exposure: It has significant investments in online gaming and sports betting, making it a great choice for those interested in these growing markets.
- International Focus: More than two-thirds of its holdings are international stocks, which can be a double-edged sword. While it offers global exposure, it also means that changes in international markets can impact performance.
- Simple Investment: For someone like me, who prefers not to pick individual stocks, this ETF provides a straightforward way to gain exposure to the sports gambling industry.
In summary, if you’re looking for a way to invest in the exciting world of sports betting and streaming, the First Trust S-Network Streaming and Gaming ETF could be a solid choice. It combines a variety of companies under one umbrella, making it easier to navigate this dynamic market. Investing in this ETF might just be the right bet for your portfolio!
5. Jacob Funds Inc. Jacob Forward ETF
The Jacob Funds Inc. Jacob Forward ETF is an interesting option for those looking to invest in the sports gambling sector. This ETF focuses on companies involved in online gaming and sports betting, which is a rapidly growing industry. I find it fascinating how this ETF has a significant portion of its investments in international stocks, making up over two-thirds of its holdings. This means that while it offers exposure to the U.S. market, it also taps into global opportunities.
Here are a few key points about the Jacob Forward ETF:
- High Exposure: It has a strong focus on online gaming and sports betting companies.
- Diverse Holdings: The ETF includes a mix of sportsbooks, technology providers, and online casinos.
- Growth Potential: As the U.S. market for sports betting expands, this ETF could see significant growth.
In my experience, having a small position in this ETF could be a smart move for investors wanting a simple way to get involved in sports gambling. It’s like dipping your toes into a pool before diving in! Overall, the Jacob Forward ETF is a solid choice for those interested in the exciting world of sports betting investments.
6. Flutter Entertainment
Flutter Entertainment is a big player in the sports betting world. They own FanDuel, which is the most popular online sports betting site in the U.S. I remember the first time I placed a bet on FanDuel; it felt exciting to be part of the action! By the end of 2023, FanDuel had about 43% of the online sports betting market, which is impressive considering how many options are out there.
Key Highlights:
- Market Leader: Flutter is not just a U.S. company; they also lead in the U.K. and Australia. In Australia, their SportsBet holds a 45% market share.
- Growth Focus: They are always reinvesting their profits to attract more customers and expand their reach. This strategy seems to be working well for them.
- Global Reach: With operations in multiple countries, Flutter is well-positioned to benefit from the growing online betting trend.
I think Flutter is a solid choice for anyone looking to invest in sports betting. Their strong market presence and growth strategies make them a standout in this rapidly changing industry. If you’re considering getting into sports gambling stocks, Flutter might just be the bet to make!
7. DraftKings Inc.
DraftKings is one of the biggest names in online sports betting, and I find it fascinating how it has grown. As of now, it holds about 25% of the U.S. online sports betting market. This company operates in 25 states and Washington, D.C., and it even has an online casino in five states. What’s cool is that DraftKings is purely online, meaning it doesn’t have any physical casinos. This gives it a unique edge as more people are turning to online betting.
Here are a few reasons why I think DraftKings is a strong player in this space:
- Market Share: It has a significant share of the online sports betting market, which is expected to grow even more.
- Growth Potential: With the rise of online betting in North America, DraftKings is well-positioned to benefit.
- Strong Revenue Growth: The company is seeing quick growth in its net revenue, which is exciting for investors.
In 2023, DraftKings held a 37% share of the U.S. online sports betting market, and it’s still expanding in states like New Jersey. This growth is impressive, especially when you consider how competitive the market is. I remember when I first placed a bet on their platform; it was easy to use and made the experience enjoyable.
Looking ahead, DraftKings plans to introduce a tax surcharge in states with high taxes on sportsbooks. This could boost profits, but it might also affect their market share. It’s a balancing act that I’ll be watching closely. Overall, DraftKings is a key player in the sports betting world, and I’m excited to see where it goes next!
8. Penn National Gaming, Inc.
When I think about sports gambling, Penn National Gaming, Inc. often comes to mind. This company operates 44 casinos across 20 states, making it a significant player in the gaming industry. In 2020, they made a big move by acquiring a 36% stake in Barstool Sports, and later, in 2021, they bought theScore. These steps helped them dive into the online sports betting world.
In 2023, they partnered with ESPN to launch ESPNBet, which is a game-changer for them. They even rebranded some of their retail locations to feature the ESPNBet name. This partnership is exciting because it combines sports media with betting, and I can see how it could attract more customers.
Here are a few key points about Penn National Gaming:
- They have licenses for their online sportsbook in 18 states and Ontario.
- Their online casino is available in four states and Ontario.
- Out of their brick-and-mortar casinos, 32 have retail sportsbooks across 15 states.
What I find interesting is that Penn has taken a more targeted approach to marketing. Instead of going all out with big ads, they focus on specific audiences. This strategy seems to be working for them, especially since they benefit from Barstool’s and theScore’s media segments, which help promote their sportsbook more naturally.
Overall, Penn National Gaming is a solid choice for anyone looking to invest in the sports betting market. They are more profitable than many other online sportsbooks, which often spend heavily on marketing. With their focus on the U.S. and Canada, they are well-positioned to take advantage of the growing sports betting scene in North America. I believe they have a bright future ahead!
9. Genius Sports Limited
Genius Sports Limited (NYSE:GENI) is a key player in the sports data and technology world. I find it fascinating that this company has caught the attention of 31 hedge funds as of the end of 2023. This shows that many investors see potential in its growth.
One of the things I appreciate about Genius Sports is how it provides data and technology solutions for sports betting. This is especially important as more states in the U.S. are legalizing sports betting. Here are a few reasons why I think Genius Sports is worth considering:
- Strong Market Position: With the rise of sports betting, companies like Genius Sports are becoming essential for providing accurate data.
- Growing Demand: As more people engage in sports betting, the need for reliable data and technology will only increase.
- Hedge Fund Interest: The fact that 31 hedge funds have invested in Genius Sports indicates a strong belief in its future success.
In a recent report, it was noted that despite some market fluctuations, top strategists are identifying opportunities in companies like Genius Sports. They emphasize focusing on sectors with economic resilience and steady earnings. This aligns with my view that investing in companies with a solid foundation can lead to better long-term results.
Overall, I believe Genius Sports Limited is a compelling option for those looking to invest in the sports betting sector. Its innovative approach and strong backing from hedge funds make it a stock to watch closely.
10. Churchill Downs, Incorporated
When I think about Churchill Downs, Incorporated, I can’t help but remember the excitement of the Kentucky Derby. This company is not just about horse racing; it also has a strong presence in the casino and online betting world. With a market cap of $10.38 billion, Churchill Downs is a major player in the consumer cyclical sector.
Here are some key points about Churchill Downs:
- Strong Buy rating from analysts
- Current stock price around $141.54
- Annual dividend yield of 0.27%
I find it fascinating that Churchill Downs has been able to maintain a solid position in the market despite some ups and downs. For instance, they faced some challenges recently, but many investors still believe in their long-term potential.
In terms of performance, here’s a quick comparison with some other major players in the industry:
| Company Name | Price | % Change |
|---|---|---|
| Churchill Downs (CHDN) | $141.54 | +16.63% |
| Wynn Resorts (WYNN) | $85.80 | -0.80% |
| MGM Resorts (MGM) | $37.98 | -6.52% |
| Caesars Entertainment (CZR) | $39.30 | -15.50% |
This table shows how Churchill Downs has outperformed some of its competitors recently. It’s clear that this company has a lot to offer, and I’m excited to see where it goes next!
11. Super Group (SGHC) Limited
Super Group (SGHC) Limited is a notable player in the sports betting world. They have made a significant impact on the market with their innovative approach to online gaming and sports betting. I remember the first time I came across their platform; it was refreshing to see how user-friendly it was compared to others.
Here are a few key points about Super Group:
- Global Reach: They operate in multiple countries, making them a strong competitor in the international market.
- Diverse Offerings: From sports betting to online casinos, they provide a wide range of gaming options.
- Strong Partnerships: Collaborations with major sports leagues enhance their credibility and visibility.
In terms of performance, Super Group has shown resilience. For instance, despite some market fluctuations, they continue to forecast growth. This reminds me of how Super Micro’s earnings rose amidst challenges in the tech sector, showcasing that adaptability is key in any industry.
Overall, Super Group (SGHC) Limited stands out as a solid choice for investors looking into sports gambling ETFs. Their commitment to innovation and customer experience makes them a company to watch in the coming years.
12. Rush Street Interactive, Inc.
When I think about sports gambling ETFs, Rush Street Interactive, Inc. stands out to me. This company is not just about betting; it’s about creating a fun and engaging experience for players. They operate online casinos and sports betting platforms, which makes them a key player in the gaming industry.
One of the things I appreciate about Rush Street is their focus on innovation. They are always looking for new ways to enhance the user experience. Here are a few reasons why I think they are worth considering:
- Strong Growth: Rush Street has shown impressive growth in recent years, especially as more states in the U.S. legalize sports betting.
- User-Friendly Platforms: Their websites and apps are easy to navigate, making it simple for anyone to place bets or play games.
- Diverse Offerings: They provide a wide range of betting options, from traditional sports to esports, which appeals to a broad audience.
In terms of performance, here’s a quick look at how Rush Street Interactive compares to some of its competitors:
| Company Name | Market Cap | % Change Last Year |
|---|---|---|
| Rush Street Interactive, Inc. | $1.5 Billion | -0.70% |
| DraftKings Inc. | $10 Billion | -1.77% |
| Penn National Gaming, Inc. | $3.29 Billion | -1.37% |
Overall, I believe Rush Street Interactive, Inc. is a solid choice for anyone looking to invest in the sports gambling sector. Their commitment to innovation and user experience makes them a standout in this growing market. Plus, with the increasing popularity of online betting, I think they are well-positioned for future success!
13. GAN Limited
GAN Limited is a company that focuses on providing online gaming solutions. I find it fascinating how they have adapted their services to meet the needs of the digital gambling world. Their technology helps casinos operate online, which is crucial in today’s market.
Key Features of GAN Limited:
- Innovative Technology: GAN offers a platform that allows casinos to manage their online operations effectively.
- Strong Partnerships: They have teamed up with various gaming companies, enhancing their reach and capabilities.
- Market Growth: The online gaming market is expanding, and GAN is well-positioned to benefit from this growth.
In my experience, investing in companies like GAN Limited can be a smart move, especially as the gambling industry continues to evolve. However, it’s essential to keep in mind the challenges of adapting investment strategies amid economic instability. This means staying informed and making decisions based on solid data and trends.
Overall, GAN Limited stands out as a key player in the online gaming sector, and I believe they will continue to grow as more people turn to online gambling options.
14. SharpLink Gaming Ltd.
SharpLink Gaming Ltd. is an interesting player in the sports betting world. They focus on technology that connects sports fans with betting opportunities. I remember the first time I heard about them; it was during a discussion about how technology is changing the gambling landscape. Their innovative approach really caught my attention.
Here are a few key points about SharpLink Gaming:
- They provide solutions that enhance the betting experience for users.
- Their technology integrates seamlessly with various sports platforms.
- They aim to make sports betting more accessible and engaging for fans.
In the current market, SharpLink is gaining traction as the global venture capital landscape sees moderate increase in investments related to emerging technologies. This shows that there’s a growing interest in companies like SharpLink that are at the intersection of sports and technology. Overall, I believe they have a bright future ahead as they continue to innovate and expand their reach in the sports betting industry.
15. Esports Technologies, Inc.
Esports Technologies, Inc. is a company that focuses on the growing world of esports and online gaming. This company is all about making betting on esports exciting and accessible. They provide technology and platforms that allow fans to engage with their favorite games in a whole new way.
What They Do
- Innovative Betting Solutions: They create unique betting experiences for esports fans.
- User-Friendly Platforms: Their platforms are designed to be easy to use, making it simple for anyone to place bets.
- Focus on Growth: With the rise of esports, they are positioned to grow as more people get involved in gaming.
Why It Matters
Esports is becoming a huge part of the sports world. Many people are asking, are sports cards a good investment? This question reflects a broader interest in how technology and culture are changing the way we think about sports and betting. Esports Technologies is at the forefront of this change, making it an interesting option for investors.
Conclusion
In a world where traditional sports betting is evolving, Esports Technologies, Inc. stands out. They are not just following trends; they are helping to shape the future of gaming and betting. If you’re looking to dive into the world of esports betting, this company is definitely one to watch!
Frequently Asked Questions
What are Sports Gambling ETFs?
Sports Gambling ETFs are special funds that let you invest in a group of companies involved in sports betting and online gaming. They allow you to invest in many stocks at once.
How do I invest in Sports Gambling ETFs?
You can invest in these ETFs through a brokerage account, just like you would with regular stocks. You buy shares of the ETF, and it gives you a piece of all the companies in the fund.
What are the risks of investing in Sports Gambling ETFs?
Like all investments, there are risks. The value of the ETF can go up and down based on how well the companies in it perform, and the sports betting industry can be unpredictable.
Can I make money from Sports Gambling ETFs?
Yes, you can make money if the companies in the ETF do well and their stock prices go up. However, it’s important to remember that you can also lose money.
What should I look for when choosing a Sports Gambling ETF?
Look for things like the ETF’s performance history, the fees it charges, and the companies it invests in. It’s also good to understand the overall market for sports betting.
Are Sports Gambling ETFs suitable for beginners?
Yes, they can be a good option for beginners who want to invest in the sports betting industry without picking individual stocks. However, it’s important to do your research first.
