Sports Betting Stocks Big Move – iBET ETF

Sports Betting Stocks made big moves on Tuesday. DraftKings (DKNG) was up nearly 12%. Penn National Gaming (PENN) was up nearly 7% and Caesars (CZR) was up nearly 6%. In the US the industry is growing, and in its infancy but in Europe it’s a more mature investment.

ETF Newz Says:

An ETF is a great way to play this ever growing and changing space with a CAGR of 12% into 2027. The iBET (IBET) Sports Betting & Gaming ETF which has foreign gambling exposure as well as US stocks is a great way to get exposure. The ETF was up nearly 4% on Tuesday.  

Heavily Traded ETFs
SPDR S&P 500 - SPY
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Vanguard Total Market - VTI
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