As a leader in the gaming and eSports space, Activision is likely to keep delivering. This makes it one of the best stocks in the gaming industry to add to your portfolio. Take Two Interactive (NASDAQ:TTWO) Take Two Interactive is another video game company that is poised for future success. FanDuel’s 50% sports betting market share in New Jersey, where online gambling is legal, was a key driver of growth. Chief executive Jeremy Peter Jackson said he was focused on driving home that. Gambling Involvement is calculated as the percentage of a portfolio’s market value exposed to companies with ties to gambling in the operation, support, licensing or ownership categories. Click on the tabs below to see more information on Gambling ETFs, including historical performance, dividends, holdings, expense ratios, ESG scores. Online sports gambling or just online casinos are likely the future of gambling in some form or fashion. It will not likely destroy the physical casino operations, but it will likely put a dent in their profits if we see nationwide online gambling laws passed. And if that happens, BETZ is currently the best bet. Matt Thalman INO.com Contributor.

1. Best Online Sports Gambling Stocks History
2. Top Online Sports Gambling Stocks

Sports are coming back. Online betting is increasing. What companies are benefiting?

Two years ago, the Supreme Court allowed betting on sports in all states, with each state deciding whether to allow this form of gambling or not. Several states have already legalized online sports betting. Many more states are considering legislation. These changes should lead to more online gambling, and a transition from illegal gambling to legal betting.

It is predicted that by the year 2022, all around the world, sports fans will be having as much as $1 trillion invested in online betting per year. Five gambling stocks with great potential in 2020. Given below are five gambling stocks that one should keep an eye on in regard to gambling in legalized sports. MGM Resorts (NYSE:MGM).

Even NBC Sports Broadcaster Jim Kozimor mentioned in an interview that sports betting will be an extremely strong growth industry.

So if you are looking for a way to profit from sports gambling, you should look at the stocks that should benefit from the online betting on sports events.

DraftKings (DKNG) is one of the largest pure plays in the online sports betting arena. This was one of the stocks that was created from a SPAC. Revenues for this $20.6 billion market cap company were up 23.6% for the latest quarter. Earnings are minimal giving it a price to earnings ratio of over 1000.

Flutter Entertainment (PDYPY) is one of the largest daily fantasy sports providers and a leader in the legal sports betting market. The company was formerly named Paddy Power Betfair. This $25 billion market cap company trades at 47.5 times earnings.

Boyd Gaming Corp. (BYD), an operator of a company that runs over a dozen casinos across the United States, offers its B Connected Sports app in order to take advantage of increased legalization. The stock trades at 30.9 times forward earnings.

The following is a list of over 20 companies that may benefit from online sports betting and Internet gambling, sorted in order of market cap.

Best Online Sports Gambling Stocks History

Disclosure: Author owns DKNG.

Disclaimer: This article is designed to provide information. It is provided with the understanding that neither the author nor the publisher is ...

Disclosure: Author owns DKNG.

Disclaimer: This article is designed to provide information. It is provided with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional services. The authors and publisher shall not be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential or other damages. As each individual situation is unique, questions relevant to personal finances and specific to the individual should be addressed to an appropriate professional to ensure that the situation has been carefully and appropriately evaluated.

Top Online Sports Gambling Stocks