Online Gambling Stocks Etf
Online Gambling Etf

Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's prospectus. Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal. Risks include those related to investments in the highly-competitive sports betting industry, including from illegal or unregulated companies. Expansion of sports betting (both regulated and unregulated), including the award of additional licenses or expansion or relocation of existing sports betting companies, and competition from other leisure and entertainment activities, could impact these companies' finances. Small and midcapitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund investments are concentrated in an industry or group of industries, and the value of Fund shares may rise and fall more than more diversified funds. Investments in foreign securities involve social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Please see the prospectus for details of these and other risks.

By Chris Markoch

The global online gambling market in 2019 was $58.9 billion. Estimates suggest the online gambling market will reach $92.9 billion by 2023, almost doubling in size.3 LEGAL ONLINE INDEX BETZ ETF tracks an index of at least 20 sports betting and online gaming, or iGaming, companies. BETZ ETF is publicly traded on the NYSE. Roundhill Investments CEO Will Hershey and Amplify ETFs CEO Christian Magoon weigh in on three online trends taking off: gaming, gambling and shopping. In addition to the impact of COVID-19, they look at opportunities and risks in these industries. Shares of companies in the online sports betting and digital gambling space have rallied amid the coronavirus pandemic and one investment advisor has already taken advantage of the trend. Now, popular ETF provider VanEck has launched a fund which focuses on the electronic sports (eSports) industry. The VanEck Vectors Video Gaming and eSports ETF (ESPO) is designed to track an index. ETFs Recognize Gaming A number of ETFs have launched with a focus on the gaming industry in recent years. The first of these, called the ETFMG Video Game Tech ETF (GAMR), was launched in March.

of InvestorPlace

Online Gambling Stocks Etf

|

Exchange traded funds (ETFs) have become one of the most popular investment vehicles over the last 10 years. And like many index funds, there are index funds to fit every investing style. If you’re an investor whose personal convictions allow you to invest in sin stocks, then there are some vice ETFs that you may want to consider. Sin stocks are companies that allow us to indulge our vices. These include gambling, alcohol, tobacco, and cannabis companies. However, they also now capture the gaming community in all its forms. Most of the sin stocks were hit hard at the onset of the pandemic. But many of these categories are coming back. One reason for that is mounting evidence that our nation is moving on from the pandemic. As it relates to sin stocks, casinos have reopened in many states. The return of live sports has provided a catalyst for online and in-person sports books. Several states just passed ballot initiatives to legalize recreational marijuana. And while the bar and restaurant industry is still providing a drag on alcohol sales, it appears that consumers are still stocking their home bars. Here are 5 vice ETFs for safe investment in sin stocks: AdvisorShares Vice ETF (NYSEARCA:VICE) VanEck Vectors Gaming ETF (NYSEARCA:BJK) VanEck Vectors Video Gaming and eSports ETF (NYSEARCA:ESPO) ETFMG Alternative Harvest ETF (NYSEARCA:MJ) Invesco Dynamic Leisure & Entertainment ETF (NYSEARCA:PEJ) Sin stocks remain volatile, and as I mentioned above, not all vice stocks are performing equally well. That’s a good reason to look at vice ETFs for portfolio exposure.

Online Gambling Etf

© InvestorPlace