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With the 2024 NFL season underway, it's time to look into gambling stocks. After all, according to the American Gaming Association, Americans are expected to wager about $35 billion on NFL games this year.
Investors should tap the three-week sports betting extravaganza with ETFs.
Looking back in 2018, we might recall when the U.S. Supreme Court freed companies from an online gambling ban and allowed states to legalize sports betting. More than 30 states, including Washington, D.C.
The start of 2024 brings renewed consumer confidence in the U.S. economy, backed by decreasing inflation expectations and solid consumer spending.
The online gambling market is booming. In fact, the market is projected to hit $95 billion in revenue this year.
Roundhill Investments is investing in the “Recession Kings” of the market with its latest ETF. The Roundhill S&P Dividend Monarchs ETF (NYSE Arca: KNGS) begins trading today on the New York Stock Exchange.
Roundhill Investments has expanded its ETF lineup to offer exposure to the fast-growing LNG market. The Roundhill Alerian LNG ETF (LNGG), listed on NYSE Arca on September 22, provides access to U.S. and international companies materially engaged in the LNG industry.
With the 2023 NFL season underway, sports bets are surging. In fact, according to the Associated Press, GeoComply Solutions — used to verify a customer's location — said it recorded 242.3 million geolocation transactions from legal U.S. sportsbooks.
With the 2023 NFL season set for kick-off, keep an eye on sports gambling stocks. As DraftKings' CEO Jason Robins recently noted, “It's about to be the most important time of year seasonally for us.
Online gambling has supercharged the gaming sector. The amount of money bet on sporting events in the U.S. will surge 45% this year to almost $137 billion, research firm Insider Intelligence estimates.
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