iBET Sports Betting & Gaming ETF Up Big

Share post:

The iBET (IBET) Sports Betting and Gaming ETF was up 4.10% on Wednesday. The fund has continued to add more exposure to China, adding to positions in Las Vegas Sands (LVS), Melco (MLCO) and Wynn in recent weeks and taking on new positions in SJM Holdings, MGM China, Wynn Macau and Sands China.

ETF Newz Says:

Macau gaming scholar Zeng Zhonglu has released a report showing estimates that Macau’s gross gaming revenue could jump up to 70% from pre-pandemic levels in 2023.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...