1. 11-24-18 11:29 PM #1
    stomp24
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    Investing in Sports betting Stocks or ETF

    Hey guys, I've been looking to invest in some companies that will lead the way of legal US sports betting. Any thoughts on who to invest in?

    Many sites are mentioning companies like MGM, Ceasers etc. However, sportsbetting will be such a small % of their overall income, it will barely make a difference in their stock price.

    Some sites mention william hill, and paddy power betfair (which merged with fan duel)

    Any mutual funds out there?
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  2. 11-25-18 12:40 AM #2
    baseballstud
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    I currently own a bunch of Caesars stock. Beaten down lately. Had an offer for $13 a share (it’s $8.22 now) which it turned down. Sometime q1 or q2 2019 I expect it to be at least $13 if not sooner. Sportsbetting is big for many reasons. It gets traffic in the casinos which will get people to play table games and slots and eat and drink on site. Mobile apps a big plus too. I’m not sure About mutual funds. Be curious about that. Casino sector been beaten down lately, WYNN. A great example.
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  3. 11-25-18 02:16 AM #3
    Optional
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    Look for the new companies who will supply services to the big names. Data, Apps, Security.
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  4. 11-25-18 06:14 AM #4
    jjgold
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    gaming stocks have gotten destroyed and always volatile

    If anything they are casino plays not sports betting plays
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