iBET Sports Betting & Gaming ETF Up 10% YTD

The iBET (IBET) Sports Betting & Gaming ETF is up 10% YTD. Plenty of catalysts are upcoming for sports betting including, the Major League Baseball Season, the Masters, College Football and the NFL Season. During recessions, the gambling industry has historically demonstrated a degree of resilience and even growth in some cases. In 2008-09 US commercial casino revenues increased by 5.5% in 2008 and by another 1.3% in 2009.

ETF Newz Says:

A major catalyst for the industry will be the US listing of FanDuel. FanDuel is currently owned by Flutter an Ireland based company which is traded on the LSE.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE
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