Casino Gambling Etf
The coronavirus outbreak does raise investors’ concerns over the performance of casino stocks and ETFs as Macao has emerged as the gambling capital of the world. Casinos & Gaming Sub-Industry Dividends Casino and gaming companies own and operate gaming, hospitality and entertainment resorts. They also operate hotels, casual and fine dining restaurants, nightclubs, cinemas, retail space and other leisure amenities. The securities listed in this page are organized into two tables. The largest Casinos / Gaming ETF is the Roundhill Sports Betting & iGaming ETF BETZ with $148.80M in assets. In the last trailing year, the best performing Casinos / Gaming ETF was the BJK at. This fund offers concentrated exposure to the global gaming industry, focusing in on casino operators but also holding technology firms and sports & race.
The largest Casinos / Gaming ETF is the Roundhill Sports Betting & iGaming ETF BETZ with $148.80M in assets. In the last trailing year, the best performing Casinos / Gaming ETF was the BJK at. This fund offers concentrated exposure to the global gaming industry, focusing in on casino operators but also holding technology firms and sports & race book operators as well. ETF investors willing to play the gaming sector in 2020 would be keen to check out these 4 funds: VanEck Vectors Video Gaming and eSports ETF (NasdaqGM: ESPO): With over $56 million in assets. The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Gaming Index, which is intended to track the overall performance of.
With a helping hand from Macau, the world’s largest gambling hub, the VanEckVectors Gaming ETF (NYSEArca: BJK) is up more than 19% this year and some analysts see more upside coming for gaming stocks.
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Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) are dominant names in Las Vegas but the companies, two marquee holdings in BJK, are also big players in Macau, levering each to Chinese gambling trends.
“Casino stocks surged Thursday after better-than-expected revenue numbers out of Macau, a special administrative region of China that’s become a gambling mecca. And some strategists say it isn’t time for investors to cash in their chips just yet,” reports CNBC. “Las Vegas Sands is now up 16 percent year to date, MGM Resorts has risen 12 percent and Wynn Resorts has climbed 54 percent. In fact, Wynn is the third-best-performing stock in the S&P 500 this year. On Thursday, Las Vegas Sands saw its biggest rise since the first day of September.”
It’s no secret anymore that gaming, or esports, is big business and that trend should continue in 2020. That said, investors should keep gaming-focused ETFs on their watch lists for the new year.
“Today, the gaming industry is not just about a time-killing fun thing, in fact, it is now a million-dollar worth industry,” a Business Matters article noted. “With mobile gambling apps and online video gaming platform, you can make thousands of dollars in no time. There are certain ways through which you can make money through this industry and live a life of fortune.”
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The article went on to note that areas that will continue growing within the gaming sector include development, content creation, in-game sales, online coaching, and esports careers.
“Making money in the eSports industry is a highly obtainable goal, all you need to do is find the correct option you are passionate about and take the risk, the article added. “Without risk, no one can ever be successful therefore it is the time to do something and make a fortune from eSports.”
ETF investors willing to play the gaming sector in 2020 would be keen to check out these 4 funds:
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- VanEck Vectors Video Gaming and eSports ETF (NasdaqGM: ESPO): With over $56 million in assets under management, ESPO is the biggest of the four. It seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Video Gaming & eSports Index. The index is a global index that tracks the performance of the global video gaming and eSports (also known as electronic sports) segment.
- VanEck Vectors Gaming ETF (NasdaqGM: BJK): BJK is runner up in terms of size with over $27 million in assets. The fund seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Gaming Index. For index eligibility, companies must generate at least 50% of their revenues from gaming. Gaming includes casinos and casino hotels, sports betting (including internet gambling and racetracks) and lottery services as well as gaming services, gaming technology and gaming equipment.
- Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSEArca: NERD): NERD doesn’t have the asset size of the first two funds, but it’s still worth a look given its current price of $15.74 as of Dec. 18. It seeks to track the total return performance of the Roundhill BITKRAFT Esports Index, which tracks the performance of the common stock of exchange-listed companies across the globe that earn revenue from electronic sports, or esports related business activities.
- Defiance NextGen Video Gaming ETF (NYSEArca: VIDG): VIDG is the smallest in terms of assets under management, but still worth a look. It seeks to track the total return performance of the BlueStar Next Gen Video Gaming Index, which consists of a modified market capitalization-weighted portfolio of the stock of companies whose products or services are predominantly tied to video gaming.
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For more market trends, visit ETF Trends.
By Chris Markoch
of InvestorPlace